Categories
North America

China’s Sinopec signs up for more US LNG | Source: Energy Voice

China’s Sinopec signed a deal with US liquefied natural gas (LNG) developer Venture Global LNG that will double China’s imports of LNG from the US. Last week, Cheniere, located in Texas, signed a long-term LNG supply contract with China’s ENN Natural Gas, the first major US-China deal since 2018. Over the past three years, new LNG deals between the two great powers were put on ice as rising political tensions under the Trump administration thwarted trade. Expect more supply deals of this kind to be announced in future, as China faces an energy crunch and has now overtaken Japan as the world’s largest LNG importer.

Source: Energy Voice


MORE NEWS ABOUT NORTH AMERICA:

North America

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s