US decision to pause LNG terminal approvals concerning

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The US decision to pause new liquefied natural gas (LNG) export terminal approvals has raised concerns in Canada’s energy industry. This move, affecting US Gulf Coast facilities crucial for Canadian LNG exports, is seen as a setback for both US and Canadian energy sectors. The Canadian Association of Petroleum Producers (CAPP) and companies like Enbridge Inc. view LNG as a key lower-emission energy source. Biden’s election-year decision comes as gas shipments have soared since Russia’s invasion of Ukraine. From having zero LNG export facilities a decade ago, the US has grown to become the world’s largest LNG exporter, averaging 20.4 billion cubic feet per day in the first half of 2023. However, the White House cites climate risks and greenhouse gas impact concerns for the pause.

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