Cheniere Energy Inc. CEO Jack Fusco said Thursday the Biden administration’s decision to pause new LNG export authorizations has not slowed down the company’s expansion projects, which management expects to stay on track despite an ambiguous regulatory environment.

“It does introduce regulatory and permitting uncertainty to the U.S. liquefied natural gas industry as a whole,” Fusco said of the pause during a call to discuss year-end results. 

Fusco stressed that a “fair and transparent regulatory framework is essential for the future development of natural gas infrastructure in the United States, particularly for liquefaction capacity, given the scale of investment, commercial support and time required to bring these projects online.”

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