china

China and the United States seem destined for major bilateral liquefied natural gas (LNG) trade as the U.S. shale gas boom continues unabated and China establishes itself as the world’s fastest growing LNG importer, according to a report by the Brookings Institution.

The United States will not lift new tariffs on steel and aluminum from China, even as both countries said over the weekend trade talks had been “constructive” and China had agreed to purchase more American goods and services, Treasury Secretary Steven Mnuchin said.

Cheniere Energy Inc. is raising its full-year earnings guidance because pricing for liquefied natural gas (LNG) is “stronger and more durable” than originally forecast, CEO Jack Fusco said Friday.

China’s unconventional natural gas production has undergone significant progress in the past 10 years, increasing to nearly 600 wells and 9 bcm (317.8 Bcf) of production in 2017, and output is likely to double to 17 bcm (600 Bcf) in 2020, according to Wood Mackenzie.

IGP Methanol LLC, which has an air permit in hand to build what could be the world’s largest methanol production facility in Plaquemines Parish, LA, on Wednesday added two Chinese partners to help build two plants, each capable of producing 1.8 million tons/year.

Despite some ruffled feathers during the application process and a nearly 11-month-long wait, FERC on Tuesday said it would conduct an environmental review of a proposed project, estimated at $43 billion, to export liquefied natural gas (LNG) from Alaska.

The Trump administration slapped a four-year tariff on imported solar cells and modules on Monday, a move that could hamper solar’s competitiveness against cheap natural gas while also giving a boost to the coal industry, and which analysts say could signal that the White House is stepping back from more aggressive trade policies.

The United States will become the world’s top producer of oil and natural gas over the next several decades, but China and India will lead a host of developing countries in embracing clean energy technologies for power generation as costs for renewables continue to decline.

Alaska’s planned natural gas export project got another boost this week after Tokyo Gas Co. Ltd. executed a letter of intent with Alaska Gasline Development Corp. (AGDC) to secure future supply.