China is already a keen customer for US LNG
China is behind only Mexico and Chile in terms of demand for US LNG. However, it is paying top dollar for cargoes China is behind only Mexico and Chile in terms of demand for US LNG. However, it is paying top dollar for cargoes.
22 May 2017
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There are hopes that warmer trade ties between the United States and China will result in Beijing boosting imports of US-produced LNG. However, the Middle Kingdom is already the third-largest importer of LNG from the Cheniere Energy-operated Sabine Pass LNG plant in Louisiana.
Chinese imports of US LNG in 2016
Date | Vessel | Volume, MMcm | Price at export point ($/MMBtu) | Notes |
20 Jul 2016 | Maran Gas Apollonia | 88.7 | 5.6 | |
16 Nov 2016 | Methane Julia Louise | 102.9 | 3.18 | |
25 Nov 2016 | Maria Energy | 105 | 3.18 | |
5 Dec 2016 | Maran Gas Alexandria | 94.7 | 3.72 | |
5 Dec 2016 | Maran Gas Alexandria | 2.6 | 5.82 | Spot market transaction |
9 Dec 2016 | Gaslog Salem | 93.7 | 5.17 | Spot market transaction |
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