Liquified Natural Gas: What to know about LNG and Biden's decision

The Biden administration said Friday it is delaying consideration of new natural gas export terminals i n the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine.

The decision by President Joe Biden, announced as the 2024 presidential election year kicks off, aligns the Democratic president with environmentalists who fear the huge increase in exports of liquefied natural gas, or LNG, is locking in potentially catastrophic planet-warming emissions when Biden has pledged to cut climate pollution in half by 2030.

Industry groups and Republicans condemned the pause as a “win for Russia,” while environmentalists cheered it as a way to address climate change and counter Biden’s approval of the huge Willow oil project in Alaska last year.

What is LNG and why does it matter?

LNG is short for liquefied natural gas and occurs when gas is cooled to about –260° F (–162° C), changing it into a liquid that can be stored and shipped safely aboard specially designed vessels to destinations around the globe. Upon arrival, the gas is reheated to return it to a gaseous state and transported by pipeline to distribution companies, industrial consumers and power plants.

Natural gas is used to heat homes and businesses, and is often produced in the United States through a technique known as fracking that has unlocked vast supplies underneath the ground. U.S. gas exports rose sharply after Russia’s February 2022 invasion of Ukraine, and the Biden administration has celebrated the delivery of U.S. gas to Europe and Asia as a key geopolitical weapon against Russian President Vladimir Putin, allowing U.S. allies to use gas without relying on Russia.

Why did Biden delay consideration of LNG