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European and Asian Companies Affected by U.S. Pause on LNG Export Permits

Conventional Energy, Latest, LNG, Natural Gas, US News / By

(Reuters) – U.S. President Joe Biden’s administration announced a pause on pending and future permits to export liquefied natural gas (LNG) to non-Free Trade Agreement countries until the Department of Energy finishes a new review of climate impacts. In 2023, roughly 67% of U.S. LNG exports went to Europe and 26% went to Asia, LSEG data …

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U.S. LNG Export Pause Leaves EU, Industry at Odds Over Energy Security

Conventional Energy, Latest, LNG, US News / By

Europe will have enough gas supply for the next 10 years and thereafter despite a move by the U.S. administration to pause approvals on new liquefied natural gas (LNG) plants, EU energy officials and analysts said, dismissing industry’s warnings. Gas companies – and lobby groups who learned of the move ahead of the decision and …

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U.S. Energy Department Official to Testify at Senate Hearing Looking into Biden’s LNG Pause

Conventional Energy, Latest, LNG, US News / By

A top U.S. Energy Department official will testify at Feb. 8 Senate Energy Committee hearing looking into President Joe Biden’s pause on new approvals for liquefied natural gas (LNG) exports, the Energy Department said on Thursday. Biden paused the approvals last week so his administration can look into the environmental and economic impacts of the …

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Japan Worried U.S Pause of LNG Export Approvals May Delay New Projects

Conventional Energy, Latest, LNG, US News / By

Japan, the world’s second-biggest buyer of liquefied natural gas (LNG), is concerned that a temporary suspension of U.S. export permits may delay the launch of new LNG facilities in the United States, industry minister Ken Saito said on Tuesday. U.S. President Joe Biden last week paused approvals for pending and future applications to export LNG …

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Biden’s LNG Pause Might Be a Model for Other Energy Dilemmas

Conventional Energy, Latest, LNG, US News / By

There’s little to dissuade the administration from replicating its strategy of postponement in an election year. Welcome to Energy Daily, our guide to the energy and commodities powering the economy. Today, Senior Reporter Jennifer A. Dlouhy assesses whether US President Joe Biden’s tactic for freezing new LNG export permits may be used to delay other …

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Park the Politics: Biden Urged to Reverse LNG Pause by Global Business Groups

Conventional Energy, Latest, LNG, Natural Gas, Pinned Primary, US News / By

Energy Department on Friday halted approvals of new plants US will study effect of exports on climate change, economy Business organizations from the US, Europe and Japan called on the Biden administration to reverse a decision to freeze approvals of new licenses for liquefied natural gas export facilities. “With numerous forecasts projecting global natural gas demand to …

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Impact of U.S. Pause on New LNG Project Approval Could Take Years to Manifest – TD Cowen

Conventional Energy, Latest, LNG, US News / By

U.S. President Joe Biden paused pending approvals of exports from new liquefied natural gas projects, a move cheered by climate activists that could delay decisions on new plants until after the Nov. 5 election. TD Cowen says it sees the timing as “suspicious” and don’t expect finalized policy reform before election. “We believe the global …

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Companies Most Affected by U.S. Pause on LNG Export Permits

Conventional Energy, Latest, LNG, Tri-Pinned, US News / By

U.S. President Joe Biden’s administration on Friday announced a pause on pending and future permits to export liquefied natural gas (LNG) to non-Free Trade Agreement countries until the Department of Energy finishes a new review of climate impacts. Many companies have been waiting for the U.S. to green light licenses to export LNG to their …

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