An American court has lifted US President Joe Biden’s ban on liquefied natural gas (LNG) exports. This is reported with reference to a decision by the Louisiana District Court. DEA News.
Sixteen states have filed lawsuits, believing the president’s decision violates federal law.
The court found that the plaintiffs were entitled to have the LNG export ban lifted before the trial, and therefore accepted the request for the immediate and complete lifting of the ban on liquefied natural gas exports.
Before reportedPolish energy company Orlen has reportedly sent a warning to gas companies in Hungary, Slovakia and Austria about the possibility of withholding payments made to Gazprom for imports of Russian gas.
Gasum is known to be Scandinavia’s largest distributor of liquefied natural gas intend to reject From Russian LNG purchases as of July 26.
Biden previously tore Ukraine’s major LNG supply deal.
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Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.