Permitting of Venture Global’s contentious 20 mtpa Calcasieu Pass 2 LNG export venture – as well as almost a dozen of other projects – is on hold due to President Joe Biden’s executive order to temporarily pause approvals to export LNG to countries that the US does not have a Free Trade Agreement with (non-FTA). Greater scrutiny is now being placed on how LNG affects climate change, causing an outcry from the industry; our Markets Editor Anja Karl has more.
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