President Donald Trump announced on July 29 that export term limits for liquified natural gas (LNG) to non-free trade agreement countries have been extended through 2050. Trump also signed four presidential permits to approve pipeline and railway infrastructure at the border.
The U.S. Department of Energy’s final policy statement allows LNG exports to be extended through 2050, Trump announced at Double Eagle Development, a shale oil and gas company in Midland, Texas. The policy change is a shift from the current protocol of granting 20-year export terms, the energy department noted in a statement.