pctay123
Publish Date: Tue, 17 Sep 2024, 19:47 PM
HOUSTON, Sept 17 (Reuters) - ConocoPhillips (COP.N) , opens new tab CEO Ryan Lance on Tuesday called on the U.S. government to end "this crazy LNG (permit) pause" and allow the country to lead the liquefied natural gas industry.
The White House implemented in January a pause on permits to give time for the Department of Energy to take a "hard look" at the environmental and economic impacts of the industry. The pause temporarily stopped approvals for exports from LNG projects.
A federal judge in July blocked President Joe Biden's administration from continuing to pause the approval of applications to export LNG.
"You gotta stop this crazy LNG pause from going forward," Lance said during the Gastech conference in Houston. "We absolutely need permitting reform, and we need more infrastructure."
Sign up here.
https://www.reuters.com/business/energy/conocophillips-ceo-calls-us-end-crazy-lng-permit-pause-2024-09-17/