Related Articles
Australian LNG being delivered to the Beihai terminal
Opinion
Forward article link
Share PDF with colleagues

Letter from China: Beijing targets Australian spot LNG

LNG is the latest Australian export targeted by China in its trade spat with Canberra. Even limited moves represent an escalation in the standoff

Long-term purchases of Australian LNG by China’s NOCs look to have been deemed sufficiently strategically important by Beijing to escape any fallout from deteriorating relations between the two nations. But a handful of smaller Chinese LNG importers have felt an impact, having been told to avoid purchasing new Australian cargoes over the next year. The aim appears to be to curtail spot deliveries from Australia, which overtook Qatar last year to become the world’s top LNG supplier. And the Canberra administration should be alarmed by China’s willingness to up the ante on LNG. US exporters such as Cheniere could stand to gain if the standoff stretches into the winter A year ago

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Beijing strives to balance security and decarbonisation
15 October 2021
The ongoing global energy crunch underlines the difficult task facing China’s leaders in balancing energy supply security while reaching net zero in the next 40 years
Occidental exits Ghana
15 October 2021
The US super-indie is divesting its assets in the country
Gran Tierra cranks up the gears
14 October 2021
Midstream takeaway has returned to normal in Colombia, paving the way for production growth opportunities
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video