Free Trial

Department Of Energy Review Of LNG Exports Expected Q1 2025

US

Wires reporting that a US Energy Department official estimates that the Department's review of LNG exports, "including public comment period, will be finished by end of first quarter in 2025."

  • Politico notes: "The Biden administration implemented the pause on new permits for LNG export facilities in January... On Tuesday, Energy Secretary Jennifer Granholm said ... that the pause would conclude by the end of the year. Republicans and some moderate Democrats want it to end sooner. The White House has shot down media reports that top officials are open to the idea."
  • House Speaker Mike Johnson (R-LA) was widely expected to include language to overturn the LNG export pause in his package of national security supplemental bills which are tipped for a vote on Saturday, but quietly dropped the policy from the final package.
  • Johnson and House Majority Leader Steve Scalise (R-LA) have been particularly vocal proponents of overturning the pause due to the pause’s impact on their home state’s Calcasieu Pass 2 plant. Given that the senior-most House Republicans fell short of including a measure in a must-pass package for Democrats, any additional attempts are likely to similarly fall short.
  • The supplemental bills are up open for amendment so it is possible a Republican lawmaker could attempt to attach a rider this week, but that would cross a White House redline for the final package and risk losing Democrat support.
229 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Wires reporting that a US Energy Department official estimates that the Department's review of LNG exports, "including public comment period, will be finished by end of first quarter in 2025."

  • Politico notes: "The Biden administration implemented the pause on new permits for LNG export facilities in January... On Tuesday, Energy Secretary Jennifer Granholm said ... that the pause would conclude by the end of the year. Republicans and some moderate Democrats want it to end sooner. The White House has shot down media reports that top officials are open to the idea."
  • House Speaker Mike Johnson (R-LA) was widely expected to include language to overturn the LNG export pause in his package of national security supplemental bills which are tipped for a vote on Saturday, but quietly dropped the policy from the final package.
  • Johnson and House Majority Leader Steve Scalise (R-LA) have been particularly vocal proponents of overturning the pause due to the pause’s impact on their home state’s Calcasieu Pass 2 plant. Given that the senior-most House Republicans fell short of including a measure in a must-pass package for Democrats, any additional attempts are likely to similarly fall short.
  • The supplemental bills are up open for amendment so it is possible a Republican lawmaker could attempt to attach a rider this week, but that would cross a White House redline for the final package and risk losing Democrat support.