Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

dalton99a

(95,671 posts)
Fri Apr 18, 2025, 10:54 AM Apr 2025

China halts liquefied gas imports from U.S. [View all]

https://oilprice.com/Latest-Energy-News/World-News/China-Halts-US-LNG-Imports-Amid-Tariff-War.html

China Halts U.S. LNG Imports Amid Tariff War
By Tsvetana Paraskova - Apr 18, 2025, 5:00 AM CDT

China hasn’t imported liquefied natural gas from the United States since early February, as the tariff war hit energy trade and could have long-term consequences for U.S. LNG export contracts.

The last LNG cargo to arrive in China from America was a tanker from Corpus Christi, which docked in the southern Chinese province of Fujian on February 6, according to shipping data cited by the Financial Times.

The Chinese tariffs on U.S. goods, including energy products, and the broader trade war between the world’s two biggest economies could have long-term consequences on the ability of new U.S. LNG export projects to attract anchor offtake commitments, analysts warn.

“I do not think Chinese LNG importers will ever contract any new US LNG,” Anne-Sophie Corbeau, a gas specialist at Columbia University’s Center on Global Energy Policy, told FT.

Since the U.S.-China trade war escalated, China’s LNG buyers have been reselling the cargoes they are buying from the U.S. as Chinese tariffs on American goods are raising the costs of U.S. LNG imports.

...


2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»General Discussion»China halts liquefied gas...