There were early warnings: Chinese investors became reluctant about investing in U.S. LNG projects soon after President Trump fired the first shot in what has turned out in a full-fledged trade war with China. Now, according to Citi analysts, the trade war could inflict lasting damage to the nascent U.S. LNG industry. S&P Global Platts quotes in a recent story a note by Citi saying “China has not only paused (or shelved), pending LNG deals with the US, but it also appears to be reassessing its long-term investments in the US. This reassessment reflects escalated trade tensions, a recent slowdown in Chinese gas demand prompting a more extensive debate on China’s long-run gas demand growth, and the potential reexamination of Sino-US relations.” This is a potentially serious problem because the global LNG space is anything but quiet. U.S. producers, especially the ones that have yet to begin production and […]

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