U.S. judge halts Biden administration pause on LNG export licenses (NYSE:LNG)

Towing liquefied gas tanker. Transportation of hydrocarbons by sea.

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A U.S. district judge on Monday blocked the Biden administration’s ban on approving applications to export liquefied natural gas, ordering the LNG export ban “be stayed in its entirety, effective immediately.”

A coalition of 16 Republican-led states, including Texas and Louisiana, had