LNG Exporters’ Tax Credits Queried by Democratic Senators

A group of Democratic senators write to Treasury Secretary Scott Bessent inquiring about the qualifications of LNG exporters for alternative fuel tax credits.

• Senators comment in an emailed statement, letter to Bessent is dated today
• Lawmakers question whether companies using LNG to propel LNG tankers would qualify for the tax credits, which they say were meant to subsidize the use of “alternative fuels”
• Senators in the statement cite reports that Cheniere Energy received a “questionable” $370m “tax break”

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Bryan Pietsch in Washington at bpietsch3@bloomberg.net

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