Updated Aug 30, 2024
8/30/24
The Biden administration has finalized rules to slash 90% of emissions from new natural gas-fired power plants, designed in part to encourage the use of more carbon capture and sequestration (CCS).
Click here to listen to the latest episode of NGI’s Hub & Flow podcast. Neil Chatterjee, a former FERC chairman and commissioner, joins NGI’s Jamison Cocklin, managing editor of LNG, to discuss the political and regulatory aspects of President Biden’s pause on authorizing new liquefied natural gas export projects.
As the United States moves to reassure allies that reliable LNG exports are still a priority, market analysts warn the Department of Energy’s (DOE) pause on new export permits has already opened the door for international competitors.
NO. 1: The Biden administration has rejected a proposal from House Speaker Mike Johnson (R-LA) to tie a national security package to a temporary pause on new LNG export authorizations.
The global LNG market continued growing in 2023 and faces a new set of challenges this year as it continues working to meet projected demand growth. Read what NGI analysts learned during 4Q2023 earnings season and how they view trends in the global natural gas market moving forward.
Natural gas trade associations and LNG project developers could be forced to rely on the courts or Congress for a swift end to the U.S. Department of Energy’s (DOE) pause on new export authorizations after the agency closed the door on revisiting its decision.
A final investment decision (FID) for Commonwealth LNG will have to wait until next year, or even later, as Gulf Coast export project developers continue to adapt to the fallout of the Department of Energy’s (DOE) indefinite authorization pause.
Click here to listen to the latest episode of NGI’s Hub & Flow podcast, in which NGI’s Jacob Dick explores the market implications of the Biden administration’s pause of new LNG export authorizations with Rapidan Energy Group's Alex Munton.
As congressional pushback against the Biden administration’s pause of LNG export permits heats up, EQT Corp. CEO Toby Rice said U.S. producers and exporters already have work ahead to abate the potential damage to project development.
In the days since the Biden administration’s decision to review the process for approving more U.S. LNG export capacity, speculation has swirled about what a temporary pause of Department of Energy (DOE) authorizations means for the industry.