Exxon: Biden’s Halt To LNG Project Approvals is ‘A Mistake’ ...Middle East

Economy by : (OILPRICE) -
The pause in new LNG export project approvals announced by the Biden Administration last week is “a mistake” as it would actually hold back global efforts to reduce emissions, ExxonMobil’s CFO Kathy Mikells told Bloomberg in an interview published on Friday.     “Reducing production of LNG actually harms the world achieving net zero sooner rather than later,” Mikells said told Bloomberg. “It’s a mistake,” the senior Exxon executive added. Last week, the Biden Administration…

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