Daily on Energy: DOE denies LNG pause rehearing, green bank rolls out grants, and sanctions hurt Russian refining 

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DOE DENIES REHEARING OF LNG PAUSE: The Department of Energy is defending its pause on liquified natural gas export terminals, denying a request from the American Petroleum Institute for a rehearing of the move.

The Department of Energy is defending its pause on liquified natural gas export terminals, denying a request from the American Petroleum Institute for a rehearing of the move. denying the application, the agency defended the pause and called it an “integral part of DOE’s process” for the public interest determination required by the Natural Gas Act.

“When President Biden and I made the largest investment in our nation’s history to address the climate crisis and to build a clean energy economy, we made sure that every community would be able to participate and benefit,” Harris said in a written statement. This has been further exacerbated by the recent Ukrainian drone strikes on at least a dozen Russian refineries in recent weeks, which the outlet notes have shut in some 14% of its refined petroleum product capacity in the first quarter of the year.that these repair and replacement struggles have caused significant harm to the country’s fuel output.

“If the stream of drones continues at this rate and Russian air defenses don’t improve, Ukraine will be able to cut Russian refining runs quicker than Russian firms will be able to repair them,”, a non-resident fellow at the Carnegie Endowment for International Peace specializing in Russian energy issues, told the outlet.

 

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