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Biden War on LNG

Posted: Wed Feb 08, 2023 10:50 am
by ChuckGeb
In case you didn't catch the fine print in Aegis price post yesterday:

"LNG developer criticizes FERC over delays (Reuters)
NextDecade said on Monday that delays in reviewing information for its proposed $15.7 billion Rio Grande export facility were inexcusable
The export plant has been stalled due to a ruling by a federal appeals court that argues that the original approval did not consider impacts on the climate
The CEO of NextDecade said, “It is patently clear that an ongoing, 18-month process to address two questions remanded to the Commission is inexcusable,"
The company believes it will move ahead with financial approval for phase one of the project this quarter"