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 […]
Pause – Gift to Competitors
USLNG License Pause Benefits Competitors: Execs (Argus Media) Julian Hast (Mar. 20): President Biden’s pause on new LNG export terminal permits is seen as a boon to U.S. competitors. At CERAWeek by S&P Global, Chevron’s Colin Parfitt said: “This is bad for the United States, good for Qatar.” It creates uncertainty about the United States […]