LNG exports
EIA
The Department of Energy approved a five-year term for New Fortress Energy’s Fast LNG 1 project to export gas produced in the U.S. to countries without free trade agreements.
Venture Global LNG
The U.S. District Court for Western Louisiana issued a stay on the Biden administration’s pause in considering new applications for LNG export facilities.
IEEFA
The world’s largest coal consumer will not be replacing that domestic resource with imported natural gas, IEEFA said in its report.
Senate ENR Committee
Energy Secretary Jennifer Granholm defended her department’s $51 billion budget proposal for FY25 before hostile Republicans on the Senate Energy and Natural Resources Committee.
Senate Energy and Natural Resources Committee
A Department of Energy official defended the Biden administration’s pause on processing LNG export facilities at a Senate hearing.
Constellation Energy
Republicans teed off on President Biden’s pause on processing new applications for liquified natural gas exports at a congressional hearing.
Venture Global LNG
The Biden administration is planning to delay its decision on approval of a major LNG export terminal in order to evaluate the project’s climate impacts, The New York Times reported.
© RTO Insider LLC
FERC released its State of the Market report, which showed some of the highest natural gas and power prices in years.
Freeport LNG Development
A surge in U.S. LNG exports is driving up domestic natural gas prices and contributing to uncertainty about the reliability of the grid as winter begins.
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