Biden’s LNG Pause Has Asian Fuel Buyers Hunting for Other Options
- Japan says it will take steps to ensure energy security
- Move comes after US halted approvals of new licenses for LNG
An LNG vessel in Louisiana.
Photographer: Jon Shapley/Houston Chronicle/Getty ImagesThis article is for subscribers only.
Asian liquefied natural gas buyers have begun looking for alternatives to offset potential delays to US projects hit by a moratorium on new approvals, in a potential boost for rival exporters.
Buyers, including those in major importers China and Japan, are reviewing options including new talks with already-licensed projects in the US or suppliers from other nations, according to people with knowledge of the matter.