https://newsletter.mw.creamermedia.com
Building|Coal|Export|Gas|generation|LNG|Power|PROJECT|Power Generation|Power-generation
Building|Coal|Export|Gas|generation|LNG|Power|PROJECT|Power Generation|Power-generation
building|coal|export|gas|generation|lng|power|project|power-generation|power-generation-industry-term

Biden’s natural gas export project freeze is a 'mistake', Exxon CFO says

5th February 2024

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

The Biden administration’s decision to halt new natural gas-export licences is a “mistake” that will slow efforts to reduce climate-damaging emissions, according to Exxon Mobil.

“Reducing production of LNG actually harms the world achieving net zero sooner rather than later,” CFO Kathy Mikells said during an interview. “It’s a mistake.”

Although natural gas that is liquefied for export produces carbon emissions, it is 50% cleaner than coal when burned for power generation.

Exxon is currently building an LNG export terminal with Qatar along the US Gulf Coast. The Golden Pass project probably will start up next year and already has all the government approvals it needs, Mikells said.

Edited by Creamer Media Reporter

Comments

Showroom

BOVA Safety Wear
BOVA Safety Wear

BOVA cemented their reputation in Africa by delivering high quality engineering through their range of safety footwear. 21 years after producing...

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025
BOLSTERING PRESENCE
The project is set to bolster Namibia’s position as one of the world’s leading uranium producers
Uranium mine moving closer to production
21st February 2025 By: Simone Liedtke

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.082 0.157s - 128pq - 2rq
Subscribe Now