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US LNG License Pause Benefits Competitors: Argus


The Biden administration’s pause on new LNG export permits is a gift to competitors, energy industry executives said at CERAWeek, cited by Argus.

  • "This is bad for the US, good for Qatar," Chevron president of midstream Colin Parfitt said.
  • Freeport LNG CEO Michael Smith said that customers making decisions via 20-year contracts are not going to choose US projects that don’t have permits.
  • US natural gas producer EQT CEO Toby Rice said The "bipartisan blowback" from the pause is "the reason why I think you hear the (Biden) administration yesterday saying that this is going to be in the rearview mirror quickly," Rice said. "This needs to be ended today."

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