The directive directs the Department of Energy to continue reviewing applications for new permits.
On his first day in office, US President Donald Trump lifted a moratorium on liquefied natural gas export licenses, fulfilling a campaign promise. Bloomberg reported this on Tuesday, January 21.
The directive directs the Department of Energy to continue reviewing applications for new permits.
During the election campaign, Trump promised to lift the moratorium, which has disrupted plans for multibillion-dollar export projects by Venture Global LNG Inc., Energy Transfer LP and Commonwealth LNG.
The President directed the Department of Energy to review the economic and employment benefits of approving the new export authorizations, as well as the “security impacts on allies and partners.”
Let’s remember that on January 20, Donald Trump took the oath of office in a ceremony in Washington. He has officially become the 47th President of the United States of America.
It was previously reported that Trump would create a new government agency called the External Revenue Service to collect duties, taxes and all income from foreign sources.
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.