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Started By
Message
re: Chinese put tariffs on LNG
Posted on 8/6/18 at 6:45 am to I B Freeman
Posted on 8/6/18 at 6:45 am to I B Freeman
Wet blanket? LOL. Get your facts straight. This is largely a symbolic move by the Chinese. For the 11st 7 months of this year only 6.9% of China LNG imports are from the US. China imports of LNG are on par with South Korea. Japan imports almost 3 times as much LNG as China. US better off selling all our LNG to Europe anyway. This is not going to hurt the US oil patch.
2
Posted on 8/6/18 at 7:21 am to Kat Kat
quote:
only 6.9% of China LNG imports are from the US
The State has a gas pipeline deal with China. Cost of construction is 45-65 billion dollars, and export gas to China.
It would be a huge loss for Alaska.
Posted on 8/6/18 at 7:30 am to Kat Kat
New LNG infrastructure/production/exports will be Euro focused first - by the time we can cover that and China, they will be on board (as much as they ever will be). We are actively trying to push Russia away from the Euro market... we know if that is successful it will push their product to China. We will be fine on this front.
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