Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.

The move came in an executive order directed at energy and ordered the Energy Department to resume reviewing applications for new permits. The pause began last January when then-President Joe Biden ordered his administration to study the climate, economic and social security implications of increasing LNG exports.

President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's climate policies.