Trump to end LNG export permit renewal requirement

Investing.com -- President-elect Donald Trump has plans to eliminate the need for certain liquefied natural gas (LNG) producers to renew their export permits, according to two Reuters sources.

There are several companies that currently have permits to export to nations that do not have free trade agreements with the U.S. However, these companies have yet to construct their plants. The potential risk these companies face is the non-renewal of their permits, which could jeopardize their projects. Trump's planned policy change, once he assumes office, aims to alleviate this risk.

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Source: Investing.com