Trump May Waive US Ship Mandate for Natural Gas
The last LNG vessels built in the US would be 50 years old if they still existed at all. LNG ship building has moved to China and it will take a decade to rebuild the expertise in the US. That’s not impossible but in the meantime, its smart to allow US LNG being used in parts of the country that need it. Trump is right on this.
President Donald Trump is seriously considering waiving the requirement that only U.S.-flagged vessels can move natural gas from American ports to Puerto Rico or the Northeast, according to people familiar with the deliberations.