Republican Says House Will Vote on Reversing Biden-Bloomberg LNG Export Pause

WASHINGTON (Reuters) – The U.S. House of Representatives will vote next month on a measure to reverse the Biden administration’s moratorium on approving new liquefied natural gas exports, Bloomberg reported, citing a Republican lawmaker.

The measure will be voted on the following week, the report said, citing Rep. Cathy McMorris RodgersChairman of the House Energy and Commerce Committee.

The measure could gain broad support in the House, which is controlled by Republicans, but if passed there, it likely would not pass the Senate, controlled by Democrats.

President Joe Bidena Democrat, announced Friday a pause allowing his administration to carefully examine the environmental and economic impact of LNG exports to major markets in Asia and Europe with which the United States does not have free trade agreements. -exchange.

Republican lawmakers criticized the moratorium that applies to pending LNG export applications and future applications that could be submitted to the Department of Energy, if the Federal Energy Regulatory Commission (FERC) votes to first to approve more LNG projects.

The moratorium, which will likely be in effect until after the Nov. 5 election, was criticized by House Speaker Mike Johnson, a Republican, who said it was intended to “please radical activists to the climate within the Democratic Party.

Johnson’s office did not immediately respond to questions about the timing of the vote.

The pause could affect the timeline of Venture Global’s Calcasieu Pass 2 terminal project in Louisiana, if approved by FERC. CP2 would be the largest U.S. LNG terminal, once approved.

Johnson, a Louisiana native, said the pause benefits Russia, which still supplies gas to Europe by pipeline, despite the region weaning itself off Russian gas after Russia’s invasion of Ukraine. Moscow in 2022.

(Reporting by Timothy Gardner; editing by Stephen Coates)

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