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🛳 US President Joe Biden has announced a temporary halt to pending approval procedures for #LNG export terminals. The US government wants to take a close look at the impact of LNG exports on energy costs, US energy security and the environment. The pause in LNG licences highlights the importance of the climate crisis, according to a White House statement. This is the existential crisis of our time: https://lnkd.in/eU86t8U3 #naturalgas #terminal #energynews #energy #germany #europe #us

BIDEN'S "POLITICAL" LNG PAUSE Nearly 75 Democratic Lawmakers Support Biden’s LNG Pause - Read More: https://hubs.la/Q02wwJs50 Nearly 75 U.S. lawmakers from President Joe Biden’s Democratic party on Tuesday praised his pause on approvals of exports of liquefied natural gas, or LNG, saying it would protect Americans from pollution and potential higher prices. #lng #natgas #naturalgas #oilgas #oilandgascompanies #bidenadministration

US LNG: The Biden administration is halting the approval of pending applications for new LNG export licenses while it updates its criteria, including the broader climate implications of continuing to hike US LNG export capacity. It is not clear exactly how long the Department of Energy (DOE) will take to review its approval criteria for LNG export volumes to non-free trade agreement (FTA) countries. But a senior administration official said Thursday it could take several months even to release the revised criteria for public comment. There are more than a dozen applications in the DOE queue to export LNG to non-FTA countries — a list that includes several dormant projects. But DOE officials are only counting “four” projects as affected by the freeze because the Federal Energy Regulatory Commission has not green-lighted the others, including Venture Global's CP2 project in Louisiana. https://lnkd.in/dc2BuPx7 #uslng #energytransition #energycrisis #lng #lngindustry #naturalgas #naturalgasindustry

Interesting article in the Financial Times about the potential winners and losers following President Joe Biden's decision to suspend authorisations for new LNG plants. Whilst the decision has been welcomed by enviromentalists, its longer term geopolitical impact as yet remains unclear. The decision clearly creates an opportunity for LNG producers in the Middle East who are best placed to respond; should demand for LNG in Asia and Europe continue apace. But it may also create opportunities for projects closer to home in Canada and Mexico. The decision could well be what's needed to accelerate both countries ambitions in the LNG space. If the political climate thaws in the coming years - whether by international resolution of Russia's invasion of Ukraine, or changing realpolitik driven by European need for Russian gas - Russia could also ultimately be a winner of this decision. #lng #lngindustry #energyindustry #riskmanagement #insurance #canadianenergy #mexicobusiness Andrew George Guy Bessis Michael Kolodner Robert Gefers Ali Rizvi Robert Albino

Remains to be seen if they can get this passed.... [...] According to Cassidy and Barrasso, this legislation, called the LNG Security Act, would support energy-producing states like Louisiana, where 12 of the 18 impact LNG export facilities are or will be built. More specifically, the LNG Security Act would: Require DOE to immediately approve all LNG exports to countries which have imported, are importing, or are physically capable of importing natural gas from Russia or Iran. Place a 45-day deadline for DOE to issue a decision on applications to export LNG to all other countries, once the Federal Energy Regulatory Commission (FERC) approves the siting, construction, and operation of an LNG export facility. Move all current and future litigation challenging the approval or denial of LNG export authorizations to the Circuit Court where the facility is or will be located. Some local industrial leaders have expressed disapproval over the Biden Administration’s pause, which affects four proposed LNG export projects right here in Southwest Louisiana. Concerns include the economy of Louisiana and our national security. Supporters of the pause say if these projects come to fruition, it will further the current climate crisis for decades to come. [...] #LNG #louisiana #reliableenergy #energysecurity #naturalgas #reliablepermittingprocess https://lnkd.in/gkaxHJtz

LNG News: New Liquefied Natural Gas ruling makes Jones Act even more unreasonable 🌟 🔍 Global LNG Insights: Uncover the latest in LNG with a focus on key markets and innovations. #LeaveaComment ! 📝 Highlights: A new Customs and Border Patrol (CBP) decision will make compliance with the Jones Act even more onerous for natural gas producers. The Jones Act, a law that is over 100 years old, requires all ships used to move goods from one US port to another be US-owned, -built, -crewed, and -registered. This makes it […] 🔗 Dive Deeper: [Read More: https://lnkd.in/dpUB7fzK] 🌐 Visit: https://lnkd.in/grCFA2SN for more insights. Join the Discussion! Your opinions are invaluable. #Comment below to share your views. 🗨️ #lng #energy #biolng #GlobalMarkets #Innovation #LNGTechnology #LNGCluster #EnergyTransition #MarketInsights #IndustryAnalysis #Natgas #NaturalGas #Tech #economy

Last week, the U.S. government — the world’s largest exporter of liquified natural gas (LNG) — announced a pause on new LNG export approvals, citing climate and domestic cost-of-living concerns. Applauding the decision, First Nations and environmental groups are urging the B.C. and Canada governments to follow suit and stop new LNG export projects. The groups warn that continuing to build new terminals will derail the province’s climate plan and impose higher costs on households for both electricity and gas. #EndFossilFuels #SayNoToLNG

Another victory for Americans and a blow to Biden’s war on energy! Judge James Cain ordered the Biden administration’s LNG export ban will be reversed. Judge Cain’s ruling focused on LNG exports being in the public interest, just as I and other members of Congress have argued. With LNG exports, we will bolster national security by reducing our ally’s dependence on Russia and the Middle East for energy while reducing global climate emissions with American LNG which is 40% cleaner than Russian natural gas. https://lnkd.in/eC6iddfX

Take Action: Support H.R. 7176, The Unlocking Domestic LNG Potential Act President Biden’s is once again pandering to the radical eco-left with his latest attack on reliable, abundant, affordable American energy: the LNG export ban. The LNG export ban will: * Cost our economy more than $70 billion * Prevent the creation of around 450,000 new, good-paying U.S. jobs * Raise energy prices for American homes and business * Force our allies to buy natural gas from Russia Thankfully, U.S. Representative August Pfluger (Texas) has introduced H.R. 7176, the Unlocking Domestic LNG Potential Act, to immediately repeal the LNG export ban. The bill would take LNG export authorization out of the hands of Biden’s energy department and give it to the Federal Energy Regulatory Commission, taking politics out of the process. H.R. 7176 will protect American strength through energy security. The American Free Enterprise Chamber of Commerce needs your help to tell Congress to pass H.R. 7176. Please sign our petition supporting this important legislation here: https://lnkd.in/e8u87YAc

LNG News: New Liquefied Natural Gas ruling makes Jones Act even more unreasonable 🌟 🔍 Global LNG Insights: Uncover the latest in LNG with a focus on key markets and innovations. #LeaveaComment ! 📝 Highlights: A new Customs and Border Patrol (CBP) decision will make compliance with the Jones Act even more onerous for natural gas producers. The Jones Act, a law that is over 100 years old, requires all ships used to move goods from one US port to another be US-owned, -built, -crewed, and -registered. This makes it […] 🔗 Dive Deeper: [Read More: https://lnkd.in/d8QrTZgx] 🌐 Visit: https://lnkd.in/gvCrX7kR for more insights. Join the Discussion! Your opinions are invaluable. #Comment below to share your views. 🗨️ #lng #energy #biolng #GlobalMarkets #Innovation #LNGTechnology #LNGCluster #EnergyTransition #MarketInsights #IndustryAnalysis #Natgas #NaturalGas #Tech #economy