LNG

Australia woos China as US LNG tensions persist

Australian LNG exporters are eyeing a chance to take advantage of China-US trade tensions to help meet China’s gas needs for the winter Australian LNG exporters are eyeing a chance to take advantage of China-US trade tensions to help meet China’s gas needs for the winter.
By Sally Bogle 26 October 2018 0 33064
Loading an LNG tanker in Australia. (Woodside)

Australian LNG exporters are scrambling to take advantage of China-US trade tensions by stepping in to help meet China’s gas needs, which are set to rise ahead of the northern hemisphere winter and as a result of the ongoing restrictions on coal use. 

Woodside’s recently announced LNG cooperation agreement with ENN – one of the largest private energy companies in China – will see the two jointly investigate opportunities for cooperation in LNG marketing, trading and shipping. 

The deal may lead to Chinese support...