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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.
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Free AccessUS LNG Export License Pause Could Last Months: US Energy Official
“We anticipate the analysis that’s underway now taking several months because this is an issue of such significant importance,” said Brad Crabtree, assistant secretary for the Office of Fossil Energy and Carbon Management.
- Japan’s trade minister and importer Jera Co. have expressed concerns about energy security following the US decision in pause new export licenses.
- On a trip to Tokyo Crabtree said the US is “100% focused” on energy security in Japan. “They understand that in the near to medium term, we are going to be bringing substantially additional natural gas to market,” Crabtree said.
- US Secretary of State Amos Hochstein said last month that the US needs to take a pause to think about whether demand will be there for higher exports beyond doubled capacity as well as understanding the environmental and economic implications of the projects. He suggested the pause on LNG permits could last between 10 and 14 months until after the US election.
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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.