Liquefied natural gas ( oil ) prices could rise 2 % if the trade gap between China and the US continues beyond 2020 , according to Christopher Goncalves , Chair and Managing Director of the research firm BRG . The impact of the rise , generated by rising steel tariffs hitting building blocks for new LNG liquefaction facilities and retaliatory Chinese tariffs on LNG from the US , would have particular impact during winter peak demand . He forecasts US imports and Chinese imports would increase although China may turn to pipeline imports from Central Asia and Russia , while US exports will likely fall to Europe and Asia .
Liquefied natural gas (LNG) prices could rise 2% if the trade dispute between China and the US continues beyond 2020, according to Christopher Goncalves, Chair and Managing Director of the research firm BRG. The impact of the rise, generated by US steel tariffs hitting building costs for new LNG liquefaction facilities and retaliatory Chinese tariffs on LNG from the US, could have particular impact during winter peak demand. He forecasts US exports and Chinese imports would fall although China may turn to pipeline imports from Central Asia and Russia, while US exports will likely fall to Europe and Asia.