Trump, China and an LNG deal
The US president's trip to China yielded the promise of a new gas supply partnership. But the deal was heavy on fanfare and light on details
Among the headline announcements from President Donald Trump's first state visit to China was a non-binding memorandum of understanding for state-owned Sinopec, the Bank of China and China Investment Corporation, the sovereign wealth fund, to join the Alaska LNG megaproject. Details of the agreement were scant, probably because there aren't many details to share at this point. In a press release, Alaska Gasline Development Corporation (AGDC), the state government-backed company now leading the project, said "the parties have agreed to work cooperatively on liquefied natural gas marketing, financing, investment model and China content in Alaska LNG, and get a periodic result by 2018." The Chi
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
