China Resells U.S. LNG Amid Tariff Row ...Middle East

OILPRICE - Economy
China Resells U.S. LNG Amid Tariff Row
source : OILPRICE ( Middle East ) () 800
The trade war is prompting China’s LNG buyers to resell the cargoes they are buying from the U.S. as Chinese tariffs on American goods are raising the costs of U.S. LNG imports, analysts and traders have told Reuters. LNG import demand in China has been weaker this year amid comfortably full winter inventories. Chinese LNG imports are expected to drop this year, according to the latest estimates from BloombergNEF. China is set to see the first annual decline in LNG imports since 2022. The trade war and the new tariffs on U.S. LNG are driving…

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