WASHINGTON, D.C.—Marty Durbin, president of the U.S. Chamber’s Global Energy Institute, issued the following statement regarding the Administration’s announcement that they will halt review of new liquified natural gas (LNG) export authority to non-free trade agreement countries, effectively freezing the process for reportedly up to 15 months.
“U.S. LNG plays an essential role in the energy transition, displacing dirtier Russian gas and higher-emissions energy sources that Europe, Japan and others around the world still rely on. The Administration’s decision to freeze review of new LNG exports is deeply disturbing and raises significant risks around the globe. It betrays our allies at a time of geopolitical instability and could slow the energy transition. Our allies around the world have made it abundantly clear they need more U.S. LNG, and the White House should listen.”