Cheniere LNG deal heralds new US push for Chinese market

China’s ever-increasing demand for LNG is good news for US exporters of the fuel China’s ever-increasing demand for LNG is good news for US exporters of the fuel.
By Peter Stewart 22 February 2018 0 29683
Sabine Pass LNG plant The Cheniere contracts provide further evidence that China’s fragile relationship with the US is improving. (Cheniere)

Two long-term LNG contracts Cheniere signed this month with China mark an important milestone in the United States LNG export saga. 

The company’s sales-and-purchase agreements (SPAs) with state-run China National Petroleum Corp. (CNPC), which were announced on 9 February, are the first long-term LNG contracts between the US and China. The deal followed a visit to China by US President Donald Trump in November 2017, during which more gas sector cooperation was pledged. Cheniere signed a memorandum of understanding in November in which it committed to...

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