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China’s new oil position
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
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The EIA expects US LNG exports to increase by 6pc year-on-year by close of 2021
LNG China US Cheniere Energy Tellurian
Anna Kachkova
7 December 2021
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Asian demand green lights US LNG

Chinese deals are driving boom in cargoes and LNG export capacity

The US LNG sector is enjoying a period of relative strength, with FIDs looming for several projects. And US exporter Cheniere Energy added to the positivity in late November by announcing that it had produced its first LNG from Train 6 at its Sabine Pass terminal in Louisiana, with substantial completion anticipated in the first quarter of 2022. Shortly afterwards, Cheniere revealed it had struck a 20-year deal to supply LNG to China’s Foran Energy Group. The SPA, covering 300,000t/yr to be delivered from 2023, is the fourth offtake deal struck by the US company since early October. Three of the four deals were with Chinese buyers, part of a broader trend of growing Chinese interest in US LN

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China’s new oil position
26 February 2026
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
The AI industry’s coming dominance of oil and gas
25 February 2026
Tech giants rather than oil majors could soon upend hydrocarbon markets, starting with North America
HPI Market Data Book 2026: Global construction – Americas
25 February 2026
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true
HPI Market Data Book 2026: Global construction – Asia-Pacific
25 February 2026
The surge in demand for fuel and petrochemical products in Asia has led to significant expansion in refining and petrochemicals capacities, with India and China leading the way

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