Trump lifts freeze on LNG export permit applications, scraps Biden's policy

Quick Summary:

In Texas, a second phase of Sempra's project Port Arthur LNG, awaits approval.

Biden, a Democrat, paused the approvals so US national laboratories could study the environmental and economic effects of the booming export industry.

But the pause in new export permits had created uncertainty for a slew of projects in the works, many supplying Asia and Europe.

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Article Details

Category: BusinessFinance

Markets: India

Topics: United States LNG Joe Biden Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 11:19:57 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 363 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25309958

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Official Website: business-standard.com

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Year Established: 1975

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News Last Updated: 3 hours ago

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