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The US government has now paused approval for new LNG exports [1]. This was big news in Germany because their government is betting on US LNG to replace Russian
by FrojoS 3y ago
The US government has now paused approval for new LNG exports [1]. This was big news in Germany because their government is betting on US LNG to replace Russian gas imports and wants to expand natural gas use to complement renewables (peaker plants) and phase out coal.
[1] "Biden pauses LNG export approvals after pressure from climate activists"
Reuters, January 26, 2024
https://www.reuters.com/business/energy/biden-pauses-approval-new-lng-export-projects-win-climate-activists-2024-01-26/ https://www.reuters.com/business/energy/biden-pauses-approva...