DOE Action an Important Signal for Projects

Energy Approves New LNG Licenses

Jeremy Beaman, Wash. Examiner (March 17): DOE announced March 16 that it has authorized LNG facilities on the GOM to export additional volumes in the midst of the strain on global energy markets… Fred Hutchison of LNG Allies: “We really view the rhetoric as having changed substantially in the last week by a number of DOE and other Biden administration officials. And for that to be followed up right away this week by a couple of concrete actions, it’s very positive.” Hutchison said that the market dynamics, response in Washington, and overall effects of the war have substantially changed the state of play for developers of projects.

“I can’t even begin to tell you how much the momentum has changed for companies in the United States that have wanted to bring their projects forward and just haven’t been able to get long term contracts.” Link to Content

DOE authorizations

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