The U.S. has extended the comment period on a federal study of the economic and environmental impacts of the booming liquefied natural gas (LNG) export business after advisers had urged President Donald Trump to take a patient approach to prevent approvals from getting overturned in court.
Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.
U.S. President Donald Trump has ended the moratorium on new liquefied natural gas export permits imposed by his predecessor Joe Biden in January 2024.
President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's climate policies.
Johnson said that he believed that Biden was not actively managing the country and was instead “signing what others were putting in front of him.” The order signed by Biden, which paused liquefied natural gas (LNG) exports to Europe, prompted Johnson to ask, "Who is running the country?"
The Biden Administration’s January 2024 pause on liquified natural gas (LNG) exports to non-free trade agreement countries merely formalized a de facto ban that had been in p
Advisers to President-elect Donald Trump are reportedly urging him to take a patient approach to restart approvals for liquefied natural gas
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Industry praise lifting of LNG permitting pause
The move came in an executive order directed at energy and ordered the Energy Department to resume reviewing applications for new permits. The pause began last January when then-President Joe Biden ordered his administration to study the climate, economic and social security implications of increasing LNG exports.
The Republican's executive order, which was expected, effectively reverses a pause on permits for new projects that former President Joe Biden put in place in early 2024
The order effectively reverses former President Joe Biden’s freeze on approvals for new LNG export projects seeking approval to export LNG to Europe and Asia — so-called non-f
Mike Johnson said Biden has not "been in charge for some time" and even at a 2022 meeting, the president was unaware what was in his own executive order.
LNG long-term charter rates are holding stronger than those for shorter-term fixtures which bodes well for market improvement towards 2030, Fearnleys said.