US President Joe Biden's decision to pause new liquefied natural gas export approvals has impacted Commonwealth LNG, a project set to supply Woodside Energy (ASX:WDS) with up to 2.5 million tonnes annually over 20 years.
The moratorium raised concerns about potential delays in the final investment decision for Commonwealth LNG's Cameron, Louisiana Project.
The delay could affect Woodside's anticipated low-cost gas supply, with the startup likely postponed from mid-2026.
The pause, affecting around 70 million tonnes of LNG capacity, prompts global LNG buyers to reconsider reliance on US LNG for energy security.