liquefied natural gas (LNG) News

Biden’s LNG-Permit Halt Challenged by 16 States in Lawsuit

Texas, Louisiana and more than a dozen other US states challenged the Biden administration’s suspension of new licenses to export natural gas via ocean-going tankers. A lawsuit filed against President Joe Biden and the US Department of Energy in Louisiana …

Oil Heavyweights Take Aim at Biden’s LNG Permitting Freeze

Top oil industry lobbying groups set the stage for a potential lawsuit challenging the Biden administration’s pause in approving new liquefied natural gas exports. In a petition filed Monday with the Energy Department, the American Petroleum Institute and six other …

Insurers’ LNG Support at Odds With Their Climate Ambition, Report Says

The underwriting of liquefied natural gas (LNG) capacity in the US by major global insurers is at odds with their climate ambition, according to a report from activist groups including Public Citizen and Rainforest Action Network. Chubb, American International Group …

Texas Freeport LNG Unit Faces Month-Long Outage After Winter Storm

U.S. liquefied natural gas (LNG) company Freeport LNG said on Friday it expects one of three liquefaction units at its Texas plant will be out of service for about a month after it faced a technical issue during last week’s …

Biden Set to Halt Review of LNG Export Approvals on Friday

The Biden administration intends to announce its strategy on Friday for beefing up environmental scrutiny of applications to export natural gas, according to people familiar with the matter. President Joe Biden will order the Energy Department to halt reviews of …

Biden Administration Reevaluates Climate Criteria for LNG Export Facilities, Potentially Stalling Pending Projects

The Biden administration is reevaluating the climate criteria it uses when approving new liquefied natural gas export facilities in a move that has the potential to stall pending projects as the 2024 election nears. A panel of government officials convened …

Federal Appeals Court Strikes Down Air Pollution Permit for Texas LNG Terminal

A federal appeals court on Monday struck down a major air pollution permit issued by Texas’s environmental regulator, arguing that the state allowed improperly high emissions limits for Port Arthur LNG, a gas liquefaction and export terminal currently under construction …

Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters

Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war in Russian waters for at least three months for liquefied natural gas (LNG) vessels, industry sources said on Friday. Japan’s …

How Will Japan Secure Shipping Insurance for Imports of Russian LNG?

Japan, the world’s top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from Russia after Western reinsurers said they would halt marine war insurance for ships traveling in Russian waters from Jan. 1. …

Japan’s LNG Buyers Assess How Insurance Halt Will Affect Supplies

Japan’s buyers of Russian liquefied natural gas are assessing how imminent changes to shipping insurance — triggered by the ongoing war in Ukraine — will affect supplies from the key Sakhalin-2 project in Russia’s Far East. Three Japanese insurance companies …