Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana say they will move full speed ahead with their plans after the freeze on export permits is lifted, Reuters reports.
The Trump administration’s executive order effectively reversed a pause on permits for new projects that former President Joe Biden put in place in early 2024 to study the environmental and economic effects of the booming export industry.
Trump’s decision could pave the way for almost 100 million metric tons per annum (MTPA) of additional LNG by 2031 by projects that are significantly advanced, further cementing the U.S. as the world’s largest exporter of LNG.
“We remain full speed ahead on our current and future expansion projects and are confident that we will secure all necessary regulatory approvals,” says Bernardo Fellas, Cheniere Energy’s director of communications. Read more.