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Pause – Major Risk
Biden LNG Pause Poses Major Risk, Says Smith (Nikkei Asia) Ryosuke Hanafusa (March 23): Freeport CEO Michael Smith has voiced concerns over the recent decision to pause new USLNG export licenses. The decision, which is expected to last at least through Nov. 2024, has put several proposed USLNG projects in a state of uncertainty. Smith […]
Granholm: A Short Pause
U.S. Energy Secretary: Pause Will Be Short-Lived (CNBC) Spencer Kimball (March 21): DOE Sec. Jennifer Granholm reassured oil and gas executives at CERAWeek that the pause on USLNG exports from new projects would be lifted within a year. The DOE announced the pause in Jan. to evaluate the impact of the USLNG boom on climate, […]
Pause Hijacks CERAWeek Discussions
Biden LNG Pause Sours Energy Conversations at CERAWeek (Forbes) Dipka Bhambhani (March 20): The Biden administration’s pause on new USLNG export licenses has been a contentious topic at CERAWeek by S&P Global. The decision has been criticized by Sen. Joe Manchin (D-WV), and other Republican senators, who have urged the administration to lift the pause. […]
House Passes Bill to Kill Pause
U.S. House Passes Bill to Reverse Biden’s LNG Pause Jacob Fischler, Louisiana Illuminator (Feb. 16): On Thurs. (Feb. 16) the House of Representatives voted 224-200 to approve a bill that would preempt President Biden’s pause on new USLNG export permits. The pause, which has no specified end date, is in place while DOE reviews its […]
House Votes to Reverse Pause
US House Passes Bill to Reverse Biden’s LNG Pause (U.S. News & World Report) Reuters (Feb. 15): The U.S. House of Representatives, controlled by Republicans, passed a bill to reverse President Joe Biden’s pause on approvals of USLNG exports. The bill, sponsored by Rep. August Pfluger (R-TX), was approved by a vote of 224-200, mostly […]
Overseas Coal Could Surge
Armstrong: Pause May Fuel Overseas Coal Consumption (PGJ Online) (Feb. 14): Williams CEO Alan Armstrong warned that the Biden administration’s pause on USLNG export permits could boost global coal use. Armstrong expressed concern that consumers in growing electricity markets like Southeast Asia, might opt for coal infrastructure over natural gas. Armstrong: “We had a huge […]
Legal Case Against LNG Pause
Red States Build Legal Case Against LNG Pause (E&E News) Pamela King, Carlos Anchondo, and Brian Dabbs (Feb. 7): 23 Republican-led states are preparing legal claims against President Biden’s pause on USLNG export permits. They argue that the pause threatens billions in capital expenditures and tens of thousands of jobs. The states accuse the administration […]
No Big Deal?
Concerns about USLNG Pause Overblown Sam Reynolds (Feb. 6): The Institute for Energy Economics and Financial Analysis (IEEFA) says that the pause on permits for new LNG export facilities: (1) Does not affect U.S. exports from existing or under-construction facilities. (2) There will be plenty of LNG to go around as the world is on […]
USLNG Developers React to Export Pause
US LNG developers react to White House pause on issuing new LNG permits (S&P Global Commodity Insights) Corey Paul, Giselle Rodriguez (Jan. 30): The Biden administration’s decision to pause new USLNG export licenses has elicited responses from several USLNG developers. NextDecade, one of three USLNG developers to reach FID in 2023, stated that the moratorium […]
LNG Pause Causes Stir at Meeting
LNG Pause Sparks Controversy at BKR Meeting (Turbomachinery Magazine) Drew Robb (Jan. 30): President Biden’s unexpected pause on new USLNG permitting approvals caused a stir at the Baker Hughes Annual Meeting in Florence, Italy. Several speakers and panels expressed disappointment with the announcement. Lorenzo Simonelli, CEO of Baker Hughes, strongly opposed the moratorium and called […]