U.S. President Donald Trump's administration said on Friday it has granted a liquefied natural gas export license to the Commonwealth LNG project in Louisiana, the first approval of LNG exports after former President Joe Biden paused them early last year.

President Donald Trump on Friday signed an executive order formally creating a National Energy Dominance Council and directed it to move quickly to drive up already record-setting domestic oil and gas production.

Energy Secretary Chris Wright issued the Trump administration’s first export authorization for a liquefied natural gas (LNG) project Friday, part of a broader push to promote fossil fuel development and reverse the Biden administration’s promotion of renewables.