Biden Halts Approvals for New LNG Export Projects, Citing Economic and Environmental Review

Biden Halts Approvals for New LNG Export Projects, Citing Economic and Environmental Review

US President Joe Biden paused approvals for new liquefied natural gas export projects, citing a need to review their economic and environmental impacts. The Department of Energy will conduct a review during the pause that could delay decisions on pending projects until after the November 2024 election. The pause is a win for climate activists but could worry US allies in Europe and Asia seeking more LNG supplies amid energy security concerns.


User: Benzinga

Views: 207

Uploaded: 2024-01-26

Duration: 00:45