January’s decision by US President Joe Biden’s administration to put a hold on approvals for new LNG projects will have a “significant impact” on LNG markets post-2027, according to US broker and consultant Poten & Partners.
On a webinar, Poten global head of business intelligence Jason Feer said the US Department of Energy’s pause on LNG export project permitting will create a “major problem” that will hit most liquefaction under development.