House Republicans are mulling the possibility of linking potential financial aid to Ukraine to LNG export project approvals, people familiar with the matter told Bloomberg on Thursday.
While the final wording for the potential aid package for Ukraine has yet to be approved, such a provision—to be included in the packgage—would require that some backlogged LNG export projects—ones that have been waiting for approval from the DOE—be approved. Nothing has been set in stone yet, and the final wording for the aid package still needs to be decided on and approved, the anonymous source said.
If the provision is successful, LNG projects that will likely benefit the soonest are Commonwealth LNG’s Lousiana project and Energy Transfer’s Lake Charles export project, just to name a few. A spokesman for Mike Johnson has previously linked Ukraine and LNG permitting by arguing that the DOE’s permitting pause hurts Ukraine by increasing dependence on Russian gas. The House will return from its spring recess on April 9, and the bill is likely to make its way to the floor sometime soon after.
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