Outlook 2025: Trump to unleash new wave of US LNG projects

The incoming administration is expected to quickly change-up the LNG approvals process and boost several major projects to FID. But market fundamentals still matter

The election of Donald Trump to the presidency of the US has raised hopes among LNG developers, who see an opportunity for significant regulatory reform. But while many promises of sweeping changes will face bureaucratic and legislative limitations once in office, the LNG sector stands out as an area where the president could easily institute immediate and far-reaching reforms. Within its first few days in office, the new administration is expected to revoke a Biden-era directive to the Department of Energy (DOE) asking it to pause the issuing of LNG export permits while it developed a process for considering their climate impacts. This regulatory shift—moving away from what had been an almo