Industry Groups Letter to Administration on Harm of Restricting LNG Exports

Source: www.gulfoilandgas.com 1/24/2024, Location: North America

In a letter to Secretary Granholm and senior administration officials, the industry groups led by the American Petroleum Institute (API) and including the Independent Petroleum Association of America (IPAA), the American Exploration and Production Council (AXPC), Center for LNG (CLNG), LNG Allies and dozens of other industry groups, emphasized the critical role that continued U.S. LNG exports play in safeguarding national security, creating U.S. jobs, supporting our European allies and contributing to global climate goals.

“Our nation’s abundant supply of natural gas is an impactful geopolitical tool, helping insulate American consumers from increasing global instability while advancing American national interests and ensuring the energy security of key U.S. allies,” the groups wrote. “Moving forward with a pause on new U.S. LNG export approvals would only bolster Russian influence and undercut President Biden’s own commitment to supply our allies with reliable energy, undermining American credibility and threatening American jobs.”


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