November 13, 2024

Trump presidency likely to expedite DOE LNG permitting, but tariffs could affect competitiveness of US LNG projects

Donald Trump won re-election to the office of the US Presidency in a decisive victory over Kamala Harris. Trump’s ascension back into the seat of power will likely spur a complete reversal from the Biden Administration’s US energy and climate policy, similar to his first term. In particular, Trump has vowed the put an end to the Department of Energy (DOE) pause on non-FTA permit approvals for LNG export projects that was instituted during the Biden administration. In this Research Update, we will discuss how a Trump presidency might affect future LNG project development in the US.

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Trump presidency likely to expedite DOE LNG permitting, but tariffs could affect competitiveness of US LNG projectsCargo ship docked at industrial port with red-covered containers and red ore piles, city skyline in the background.

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