WASHINGTON, Feb 14 (Reuters) - President Donald Trump's

administration said on Friday it has granted a license to export

liquefied natural gas for Commonwealth LNG in Louisiana, the

first approval of exports of the resource after former President

Joe Biden paused them early last year.

The exports are approved to markets in Asia and Europe.

Trump also signed an executive order in the Oval Office on

Friday creating a new energy council to be led by Interior

Secretary Doug Burgum that will seek to expand U.S. output of

oil and gas. The U.S. is already the world's largest producer of

those fossil fuels.

In addition, Trump said more than 600 million acres of

offshore federal waters are now open to oil and gas development

after Biden had taken them off the table.

Trump lifted the freeze on export approvals on the evening

he came into office for a second time.

Commonwealth LNG

, which has waited longer than any other company for its

permit, wants to build a 9.5 million metric ton per annum export

plant in Louisiana to sell to countries that do not have a free

trade agreement with the U.S.

Two other LNG companies, Cheniere and Energy

Transfer, have said they plan to move full speed ahead with

their plans to export the fuel.