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Policy & Regulation

US-China trade truce offers little to LNG exporters for now

LNG does not appear to have been included upfront in the ‘phase one’ trade accord between the US and China, meaning there will be no immediate respite for American exporters and project developers LNG does not appear to have been included upfront in the ‘phase one’ trade accord between the US and China, meaning there will be no immediate respite for American exporters and project developers.
By Colin Shek 16 December 2019 Asia Pacific / LNG 0 34882
Wang Shouwen, China's vice minister of commerce, speaking at a press conference about the US-China trade deal. (PA)

An agreement between the United States and China to pause their bruising trade war appears to be within sight, but an immediate revival of dealmaking between American LNG export developers and Chinese buyers remains unlikely for now.

Washington and Beijing have worked out a nine-chapter accord to temporarily settle their trade dispute. It includes intellectual property, technology transfer, food and agricultural products, financial services, exchange rates and transparency, trade expansion, mutual assessment and dispute settlement, Wang Shouwen, vice minister of commerce and deputy international trade representative,...