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Biden Set to Halt Review of LNG Export Approval on Jan.26

LNG

The Biden administration intends to announce its strategy on Jan. 26 for increasing environmental scrutiny of LNG export applications, according to Bloomberg, citing sources.

  • President Biden will order the DoE to halt reviews of LNG export applications, giving officials time to assess the long-term climate implications of expanded LNG exports, sources told Bloomberg.
  • The pause is set to thwart LNG developments such as Commonwealth LNG, Energy Transfer and Venture Global.
  • The pause is set to apply to only applications now awaiting review at the DoE.
  • Neither the White House nor the DoE have commented publicly.
Energy BulletsCommodities
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