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Trump Administration Grants First U.S. Export License After Biden’s Freeze

Reuters

By Timothy Gardner and Jarrett Renshaw

WASHINGTON, Feb 14 (Reuters) – U.S. President Donald Trump’s administration said on Friday it has granted a liquefied natural gas export license to the Commonwealth LNG project in Louisiana, the first approval of LNG exports after former President Joe Biden paused them early last year. 

The exports are approved togo to markets in Asia and Europe.

Energy Secretary Chris Wright, whose agency is responsible for approving the shipments, said exporting U.S. LNG “strengthens the U.S. economy and supports American jobs while bolstering energy security around the world.”

The U.S. is trying to increase its LNG exports to help reduce Europe’s dependency on Russian gas after Moscow’s invasion of Ukraine three years ago.

Trump ordered a lifting…

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