Skip to main content
  4. Sinopec preparing to resume purchases of US LNG

Sinopec preparing to resume purchases of US LNG

Published by
 LNG Industry,

Reuters is reporting that Sinopec Corp. will resume purchasing US LNG cargoes as soon as it receives orders to from the Chinese government.

This news comes from Ma Yongsheng, President of Sinopec, and follows China and the US coming to terms on a deal reportedly aimed at rolling back US tariffs on approximately US$200 billion worth of Chinese goods. As the US reduces its tariffs, China will in return remove its own tariffs on US goods and pledge structural economic reform.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/05032019/sinopec-preparing-to-resume-purchases-of-us-lng/

You might also like

Wood Mackenzie: LNG in APAC

Gavin Thompson, Asia Pacific Vice Chair, Wood Mackenzie, comments on the future of LNG supply in APAC, stating that projects must move fast to take advantage of strong LNG prices and contracting fever.

 
 

Embed article link: (copy the HTML code below):

 

This article has been tagged under the following:

US LNG news LNG export news LNG import news China LNG news

 

LNG Industry is not responsible for the content of external internet sites.