LNG

US LNG to China still uncertain despite new pacts

Donald Trump may have left Beijing with promises by the Chinese to buy American LNG, but China will remain cautious of committing to deals Donald Trump may have left Beijing with promises by the Chinese to buy American LNG, but China will remain cautious of committing to deals.
By Colin Shek 13 November 2017 0 28348
A tanker docked at China’s Hainan LNG terminal. (Qatargas)

LNG agreements dominated the $250 billion in United States-China trade deals unveiled last week during President Donald Trump’s visit to Beijing. The deals align with China’s gas ambitions, but there are still question marks over the competitiveness of US LNG.

The agreements reflect China’s resolve to restructure its energy mix from relying on coal to using cleaner sources, Lin Boqiang, director of the China Centre for Energy Economics at Xiamen University, told Interfax Natural Gas Daily. The country needs more gas if Beijing is to achieve its...