Biden halts new LNG exports ...News

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Biden halts new LNG exports
The fuel is seen as a vital lifeline for Europe, which has cut itself off from cheaper Russian gas imports US President Joe Biden has ordered a pause on liquefied natural gas (LNG) exports from new projects in the country, citing their potential contribution to climate change. Energy costs in Europe have skyrocketed since nations such as Germany switched from Russian gas to American LNG, but Biden insists the continent doesn’t currently need additional supplies.  The pause will allow the US Department of Energy (DOE) to update the economic and environmental guidelines it uses when approving new export licenses, an

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