Biden Approves Exports From Planned Alaska LNG Project

The Department of Energy approved on Thursday LNG exports from a proposed $39-billion Alaska project, with which the Biden Administration drew criticism from environmentalists again. DOE approved exports by vessels from the planned Alaska LNG Project to countries with which the U.S. does not have free trade agreements in a volume equivalent to 929 billion cubic feet (Bcf) per year of natural gas for a term of 30 years. The LNG may be sourced from natural gas supplies from Prudhoe Bay and Point Thomson fields on the North Slope of Alaska, DOE said.…