Biden administration approves more LNG exports to Europe

(EurActiv, 17 Mar 2022) The Biden administration said on Wednesday (16 March) it had authorized additional exports of liquefied natural gas from Cheniere Energy’s, approvals that can likely help Europe deal with an energy crunch worsened by Russia’s invasion of Ukraine.

The approvals allow Cheniere’s Sabine Pass, Louisiana and Corpus Christi, Texas terminals flexibility to export the equivalent of 0.72 billion cubic feet per day (bcfpd) of LNG to any country with which the United States does not have a free trade agreement, including all of Europe.

It expanded the scope of export destinations that were authorized in October by the Federal Energy Regulatory Commission.

Before Russia’s 24 February Ukraine invasion, the United States talked with LNG exporting countries and companies on contingency plans on keeping the fuel flowing to Europe. Russia usually provides around 30% to 40% of Europe’s gas, which totaled about 18 bcfd in 2021.

“This authorisation will allow for additional operational flexibility for us and our customers during this pivotal time and for decades to come,” Cheniere said in an e-mailed statement.

Every operating US LNG export project now has approval to export its full capacity to any country where not prohibited by US law or policy, the Energy Department said.

External link

EurActiv, 17 Mar 2022: Biden administration approves more LNG exports to Europe