Sixteen US states sue federal government over ban on LNG permit
FILE PHOTO: Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
NG
-0.06%
Add to/Remove from Watchlist
Add to Watchlist
Add Position
Position added successfully to:
Please name your holdings portfolio
Type:
BUY
SELL
Date:
Amount:
Price
Point Value:
Leverage:
1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000
Commission:
Create New Watchlist
Create
Create a new holdings portfolio
Add
Create
+ Add another position
Close
WASHINGTON (Reuters) – Sixteen U.S. states, including Texas, have filed a lawsuit to challenge the federal government’s ban on approving applications to export liquefied natural gas, the office of Texas Attorney General Ken Paxton said on Thursday.
The lawsuit argues the federal government lacks the authority to broadly deny those permits.
The lawsuit was filed in federal court in Lake Charles, Louisiana, by a coalition of states including Texas, Louisiana and Florida that claim the U.S. Department of Energy’s pause will harm the U.S. economy and undermine efforts to supply foreign allies in Europe with steady supplies of LNG as the region seeks to wean itself off piped gas from Russia.
The administration of President Joe Biden said in January that the pause will allow officials to review its process for analyzing economic and environmental impacts of projects seeking approval to export LNG to Europe and Asia where the fuel is in high demand.