Home / Market Update / Commodities / No US ban on natural gas exports in winter

No US ban on natural gas exports in winter

The White House has denied any ban or curbs on natural gas exports this winter to help alleviate energy woes in European allies.

Earlier in 2022, US President Joe Biden committed to deliver 15 billion cubic metres (bcm) of liquefied natural gas to Europe following Russia’s invasion of Ukraine and has already surpassed that goal.

The White House expressed support for ongoing exports although rising energy costs and a colder than expected winter would test Biden’s commitment. A ban has not been seriously considered according to a US official who spoke to Reuters.

Check Also

What is Trump’s MAGANOMICS? Why Is It criticized?

MAGANOMICS is a term used to describe the economic policies advocated by former US President …