Buoyed by a victory that has seen the US deciding to pause approvals for pending and future applications to export liquefied natural gas (LNG) from new projects, climate activists are now aiming at overseas projects that Washington may support and this could possibly impact on Guyana’s project which is awaiting a financing decision from the US Ex-Im bank.
Reuters on Friday reported that the US Department of Energy (DOE) will conduct a review during the pause that will look at the economic and environmental impacts of projects seeking approval to export LNG to Europe and Asia where the fuel is in hot demand.
The review will take months and then will be open to public comment which will take more time, US Energy Secretary Jennifer Granholm said in a teleconference.
