08
Apr
Apr
China Forced to Resell U.S. LNG Cargoes as 25% Tariffs Bite, Market Chaos Looms
-
News Editor / 5 months
- 0
- 1 min read
Chinese national energy companies have begun emergency resales of U.S. liquefied natural gas cargoes after Beijing’s 25% retaliatory tariffs rendered American shipments commercially unviable. At least three China-bound LNG vessels originally destined for Sinopec and CNOOC have been diverted to Europe and Asia spot markets, with traders reporting discounts of $2.50/MMBtu below benchmark prices. The […]