china

An escalating trade war between the United States and China threatens to jeopardize access to one of the largest markets for liquefied natural gas (LNG) exports and could delay final investment decisions (FID) on the next wave of U.S. LNG export terminals, according to an analysis by Morningstar Commodities Research.

In a development that could put even more pressure on domestic natural gas pipeline projects, the Department of Commerce said it has preliminarily determined that Canada, China, Greece, India, South Korea and Turkey have been selling large diameter welded pipe at less than fair value in the United States.

The Sino-U.S. trade war continued to widen this week as China was preparing to impose a 25% tariff on $16 billion worth of domestic imports but not on crude oil or liquefied natural gas (LNG). The announcement came one day after the Trump administration unveiled a similar tariff on a range of Chinese goods.

Note: This is the third in a three-part NGI series titled “Navigating the Nascent LNG Market Through A Choppy World Trade Sea,” which explores the emerging global liquefied natural gas market and the challenges it poses to buyers and sellers seeking to capitalize on the worldwide expansions underway.

Note: This is the second in a three-part NGI series titled “Navigating the Nascent LNG Market Through A Choppy World Trade Sea,” which explores the emerging global liquefied natural gas market and the challenges it poses to buyers and sellers seeking to capitalize on the worldwide expansions underway.

Misui OSK Lines (MOL) has signed a preliminary agreement to deploy a floating liquefied natural gas (LNG) unit in Hong Kong and supply two of the city-state’s largest electric generation plants.

As fears over a trade war with the United States loom, executives from China Energy Investment Corp. canceled an appearance they were scheduled to make at an industry conference in Pittsburgh this week, where a key announcement was expected about its multi-billion dollar plans for shale gas-related projects in West Virginia.

In another sign of a developing international trade war, the Trump administration has enacted a 25% tariff on a host of products imported from China, including parts used for offshore oil and natural gas drilling and production platforms.

Natural gas had a “bumper” year in 2017, as consumption and production increased worldwide at their fastest clip in nearly a decade, BP plc reported Wednesday.