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.
By Chris Noon 22 May 2017 0 25994

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
Source:...

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