How Biden’s LNG Export Pause Could Backfire ...Middle East

OILPRICE - Economy
How Biden’s LNG Export Pause Could Backfire
source : OILPRICE ( Middle East ) () 23
President Biden recently announced a “temporary pause on pending approvals of liquefied natural gas exports.” This announcement comes on the heels of news that in 2023 the U.S. surpassed Qatar and Australia to become the world’s two largest LNG exporter. This decision has sparked debate and raised several key points. I will discuss the reasons behind the pause, potential implications, and next steps. Reasons for the Pause The key reason cited for the pause was climate change concerns. Natural gas, while much cleaner than coal,…

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