LNG

A US federal judge in Louisiana, one of the centres with Texas of the LNG industry, has blocked the Biden Administration’s planned suspension of oil and gas leases on public lands and waters in a legal setback for unilateral actions by Biden against the hydrocarbons industry.

Global natural gas trade expanded last year by 63 billion cubic metres, or 6.2 percent, with growth in LNG outpacing growth in pipeline trading, according to the 67th edition of the BP Statistical Review of World Energy.