The administration resumed granting export permissions after a court blocked a pause on approvals.
The Department of Energy announced the approval of shipments of liquefied natural gas (LNG) from a New Fortress Energy Facility in Mexico, which allows the company to sell LNG to countries that do not have a free-trade agreement with the United States.
President Biden’s administration had paused the approval of natural gas exports this past January, citing environmental concerns due to LNG emissions. However, a federal judge halted this ban in July, ruling that lawsuits challenging the ban were likely to succeed once they were fully processed by the court system.
Chair and CEO of New Fortress Energy Wes Edens stated that, as a result of the approval, the company is “now able to freely supply cheaper and cleaner natural gas to underserved markets across the world.”
As the Lord Leads, Pray with Us…
- For wisdom for Secretary Granholm as she oversees the Department of Energy.
- For U.S. energy officials as they evaluate the liquid natural gas market and address climate issues.
Sources: The Hill, Bloomberg
