Subscribe  Log in | Register | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
Search
Related Articles
Letter from China: Rebounding demand meets economic headwinds
Opec+ and the IEA have both revised up 2023 forecasts for Chinese oil demand in recent weeks
Marcellus pipeline woes threaten to change entire US gas market game
Permitting issues have radically curtailed the access to cheaply produced gas to which the industry has grown accustomed
EU bodies issue gas price cap warnings
Two preliminary reports echo industry criticisms, although lower prices have reduced the likelihood of the mechanism being triggered
Greater Tortue Ahmeyim FPSO sets sail
The LNG project’s vessel is due to arrive in the second quarter
Aussie gas industry calls for intervention clarity
New guidelines fail to quell industry criticism, while the prevalence of long-term contracts and Australia’s geography limit the efficacy of the reforms
Alberta’s Sovereignty Act stokes controversy
Supporters say the act will deter Ottawa from introducing further legislation affecting oil and gas, while opponents say it creates uncertainty that will harm investment
Consolidation heats up for maturing US shale
Growth might not be on the table, but operators are eyeing opportunities to add quality acreage
Headwinds threaten Haynesville growth
Output from the play set for slowdown as pipeline bottlenecks loom and operators remain cautious
Riyadh doubles down on Chinese downstream partnership
A flurry of petchems co-investments reflects Aramco’s drive to preserve long-term market share in both crude and its products
LNG faces growing shipping constraints
New regulations are likely to restrict an already limited pool of vessels capable of transporting gas
Chinese imports of US LNG have fallen dramatically this year
Opinion
China US LNG Gas Natural Gas markets
Shi Weijun
Shanghai
26 October 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Letter from China: Geopolitics injects uncertainty into US LNG take

China has drastically cut its imports of US LNG this year, but Chinese buyers are still signing up for more volumes

The US and China have always had a complicated relationship when it comes to LNG. But China’s interest in US volumes has seesawed more than ever this year amid the backdrop of geopolitical tension in Asia-Pacific and Europe’s energy crisis. LNG became caught in the crossfire of the US-China trade war in 2018-19, when Beijing imposed a 25pc tariff on US imports that effectively halted shipments. But the fuel then emerged as a rare point of bilateral cooperation in 2021, with Chinese buyers signing a flurry of long-term SPAs with US exporters. Chinese imports of US LNG have fallen dramatically this year, however, confounding predictions of a continuation of last year’s robust flows and procure

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in
Subscribe now
to get full access
Register now
for a free trial
Any questions?
Contact us

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Ice to launch London-based TTF market
30 January 2023
The move will allow participants to hedge without being affected by the EU’s incoming market cap rules
Letter from China: Rebounding demand meets economic headwinds
Opinion
30 January 2023
Opec+ and the IEA have both revised up 2023 forecasts for Chinese oil demand in recent weeks
Argentina plays midstream waiting game
30 January 2023
The arrival of additional gas takeaway capacity this year is welcome news for E&Ps, but much more will be needed if the Vaca Muerta is ever going to replicate US shale
Marcellus pipeline woes threaten to change entire US gas market game
30 January 2023
Permitting issues have radically curtailed the access to cheaply produced gas to which the industry has grown accustomed

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
  • Twitter
Tweets by Petroleum Economist
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search