Washington Approves More U.S. LNG Exports For Europe n response to Russia’s move to cut off gas to Poland and Bulgaria, the Biden administration has authorized more LNG shipments from two U.S. plants currently in the development phase.
Texas-based Golden Pass LNG, owned by Exxon and Qatar Petroleum, have been authorized to export an additional 0.35 billion cubic feet per day of LNG, including to Europe. The second authorization is for Louisiana-based Magnolia LNG, owned by Glenfame Group LLC, to ship an additional 0.15 billion cubic feet per day, Bloomberg reports.
Golden Pass should be online in 2025, while Magnolia is expected to launch exports around 2027.