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

Benzinga 2024-01-26

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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.

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