Inside Trade

September 9, 2024

Energy Department issues first LNG export permit after Biden’s pause is overturned

By Oliver Ward  / September 3, 2024 at 6:25 PM
The U.S. Energy Department has issued its first export permit for a liquefied natural gas project serving countries without a U.S. free trade agreement since the Biden administration paused approvals in January. The department authorized New Fortress Energy to export up to 1.4 million tons annually to non-FTA countries from its offshore facility near Altamira, Mexico, according to its Aug. 31 order . The approval lasts for five years – less than the 26 years the company requested. Explaining its...

Not a subscriber?

Request 30 days free access to exclusive, behind-the-scenes reporting on trade policy in the Biden era.