President Trump speaking at the Cameron LNG facility in 2019
Trump’s LNG metamorphosis
Fast-tracking US project approvals and increased trade pressures have already changed the LNG landscape since Trump came to office, with further transformation ahead
US President Donald Trump is making up for lost time when it comes to gas. While the Biden administration had pressed the pause button on LNG export approvals, Trump has his thumb firmly on fast-forward. “Approve, baby, approve” could be Trump’s mantra and, assisted by his trade tactics and a spate of M&A activity, could mean another wave of US LNG projects reach FID in a very quick timeframe—even if this could have knock-on effects on other LNG proposals globally. Australia's Woodside Energy gave final approval to build a $17.5b LNG project in Louisiana in late April. marking the first financial go-ahead to construct an LNG plant in the US since Trump returned and a clear vote of confid
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