Business news from Ukraine

Business news from Ukraine

Trump lifts moratorium on issuing new liquefied natural gas export licenses

21 January , 2025  

US President Donald Trump has lifted the moratorium on the issuance of new liquefied natural gas (LNG) export licenses imposed by his predecessor Joe Biden. The US Department of Energy reported that it is returning to the normal regime of reviewing export applications in accordance with Trump’s order.

“The Department has been instructed to resume reviewing applications for the export of US LNG to countries that do not have a free trade agreement with the United States. The proper review of export applications is required by law and must be carried out accordingly,” the Energy Ministry said in a statement.

In December, the agency published the results of a study on LNG exports and set February 18 as the deadline for public comments on it. Now the Ministry of Energy has decided to extend the comment period until March 20, 2025.

Earlier, the Experts Club think tank, Brian Mefford and Maxim Urakin, released a video analysis on what changes are expected to occur in US domestic and foreign policy under Trump, the video is available on the Experts Club YouTube channel – https://youtu.be/W2elNY1xczM?si=MM-QjSqGce4Tlq6T

 

, , , , , , ,