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Park the Politics: Biden Urged to Reverse LNG Pause by Global Business Groups

Conventional Energy, Latest, LNG, Natural Gas, Pinned Primary, US News / By

Energy Department on Friday halted approvals of new plants US will study effect of exports on climate change, economy Business organizations from the US, Europe and Japan called on the Biden administration to reverse a decision to freeze approvals of new licenses for liquefied natural gas export facilities. “With numerous forecasts projecting global natural gas demand to …

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Impact of U.S. Pause on New LNG Project Approval Could Take Years to Manifest – TD Cowen

Conventional Energy, Latest, LNG, US News / By

U.S. President Joe Biden paused pending approvals of exports from new liquefied natural gas projects, a move cheered by climate activists that could delay decisions on new plants until after the Nov. 5 election. TD Cowen says it sees the timing as “suspicious” and don’t expect finalized policy reform before election. “We believe the global …

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Companies Most Affected by U.S. Pause on LNG Export Permits

Conventional Energy, Latest, LNG, Tri-Pinned, US News / By

U.S. President Joe Biden’s administration on Friday announced a pause on pending and future permits to export liquefied natural gas (LNG) to non-Free Trade Agreement countries until the Department of Energy finishes a new review of climate impacts. Many companies have been waiting for the U.S. to green light licenses to export LNG to their …

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Biden’s Natural Gas Plan Coming Soon as Industry Mounts Lobbying Blitz

Latest, LNG, Natural Gas, Pinned Primary, US News / By

Changes may derail Venture Global’s CP2 terminal in Louisiana Climate activists pressure White House to curb exports The Biden administration is set to unveil plans within days for intensifying environmental scrutiny of applications to export natural gas, potentially stalling massive planned projects for months, if not longer. The administration’s approach could be announced as soon …

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U.S. LNG Feedgas Slow to Return After Arctic Freeze, Problems at Freeport LNG

Conventional Energy, Latest, LNG, US News / By

The amount of natural gas flowing to the seven big U.S. liquefied natural gas (LNG) export plants has fallen by around 6% so far in January from a record high in December due mostly to the slow return of feedgas from last week’s Arctic freeze. Energy analysts also pointed to recent problems at Freeport LNG’s …

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White House Pauses Decision on Louisiana LNG Export Terminal

Conventional Energy, Latest, LNG, US News / By

The Biden administration is delaying a decision on a Louisiana liquefied natural gas (LNG) export project that would be the United States’ largest, but which has raised the ire of environmentalists, the New York Times reported on Wednesday. Venture Global LNG’s Calcasieu Pass 2 (CP2) project is twice the size of the company’s present CP …

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Gas Exporting Group Sees Tight Global LNG Markets Until 2026

CDN and International News, Conventional Energy, Latest, LNG / By

The Gas Exporting Countries Forum (GECF) sees tight global liquefied natural gas (LNG) markets until 2026 as demand rises 1.5% this year and by up to 22% through 2050, the group’s secretary general, Mohamed Hamel, said on Monday at a conference in Trinidad and Tobago. The GECF represents natural gas exporters including Qatar, Russia and …

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Climate Test for Natural Gas Exports Splits White House Advisers

Conventional Energy, Latest, LNG, US News / By

Election-year climate review fraught for President Joe Biden Liquefied natural gas projects worth billions hang in balance By Jennifer Jacobs, Jennifer A Dlouhy, and Ari Natter President Joe Biden’s top advisers are divided over how much to ramp up environmental scrutiny of licenses to ship natural gas abroad as companies and industry groups warn it could slow development of new export terminals, …

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Biden Urged to Keep LNG Exports Flowing to Help Kill Off Coal

Conventional Energy, Latest, LNG, US News / By

Natural gas producers and pipeline companies are warning the Biden administration against any move to pause US liquefied natural gas export approvals, saying it would squander the climate benefits of replacing dirtier coal-fired power worldwide. “US LNG is the single most powerful tool the world has to reduce global emissions by displacing coal use around the globe,” …

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