This episode is talking about “Pause on Pending Approvals of LNG Exports: Problems that need to be addressed”. On January 26, the Biden Administration announced a pause to the LNG export authorization process to non-FTA countries. It came as a big shock to LNG importing countries such as Japan. The responses in the US were mixed. Some experts, including those in the US administration, argue that the impact of the pause is very limited while other may consider it as sending the wrong message to the market. Mr. Terazawa, CEO, IEEJ, believe that we must investigate the reasoning behind these differences.