China Halts U.S. LNG Imports Amid Trade War
Since early February, China has stopped receiving liquefied natural gas (LNG) from the United States, with the last tanker arriving on February 6 in Fujian province, according to the Financial Times.
The trade war and Chinese tariffs on U.S. energy supplies have forced importers to resell American LNG to Europe instead.
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Analysts surveyed by the publication warn that due to escalating tensions between the U.S. and China, Chinese companies are unlikely to sign new contracts with American firms, opting instead for supplies from the Middle East and the Asia-Pacific region.
Additionally, plans by Russia and China to boost pipeline gas deliveries will replace U.S. LNG without significant losses for Chinese consumers.
