China stops buying liquefied gas from the US

Quick Summary:

Since a 69,000-tonne LNG tanker from Corpus Christi in Texas arrived in the southern province of Fujian on February 6 there have been no further shipments between the two countries.

A second tanker was redirected to Bangladesh after it failed to arrive before China imposed a 15 per cent tariff on US LNG on February 10.

The tariff has since increased to 49 per cent, making US gas uneconomic for Chinese buyers for the foreseeable future.

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Article Details

Author / Journalist: Malcolm Moore

Category: MarketsFinanceInvesting

Markets: United StatesBangladeshChina

Topics: Buyers Data Financial Cent Countries Chinese Imports Energy Trade China’s China

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 04:15:32 (2 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 616 words

Reading Time: 4 minutes read

Sentences: 13 lines

Sentence Length: 48 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 27971827

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