The oil and natural gas industry praised the Biden administration’s announcement last week of a joint U.S.-European Union (EU) task force to increase liquefied natural gas (LNG) supply to Europe.

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The White House said it would seek to expedite approvals of pending LNG export projects, a move long advocated by the industry, in order to help the EU end its reliance on Russian fossil fuels as soon as possible. 

“Over the past few months, American producers have significantly expanded LNG shipments to our allies, establishing Europe as the top US LNG export destination,” said the American Petroleum Institute’s (API) CEO Mike Sommers.

He added, “We stand ready to work with the administration to follow this announcement with meaningful policy actions to support global...