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US LNG Approval Delay to Risk at Least 62mtpa of Supply

LNG

The Biden administration’s decision to pause approvals of new LNG export permits is potentially delaying five planned US LNG export projects with a total capacity of 62mtpa that have already signed binding and non-binding supply deals according to the Center of Global Energy Policy.

  • The five projects have collectively signed 22mtpa of binding and 12mtpa of non-binding contracts so far (see chart).
  • There are several other prospective LNG projects with pending DOE authorizations which have not yet signed any offtake agreements.

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