China 's implementation of a roughly 5% tariff on US liquified natural gas (LNG) imports could hamper growth for Chinese producers looking to secure long-term buyers, according to industry observers. While Ronald Ripple , professor of energy and finance at Cheniere Energy's said US LNG shipments could still be profitable in US compared to Europe supplies, others warned the trade dispute could put security of supply at risk and create obstacles for long-term procurement agreements. But right now US LNG is a small portion of China's total LNG imports, even though China is a significant destination for US LNG exports. as for those buyers who have already placed orders, some will look to divert cargoes from the China to other countries due to the trade war.
China 's implementation of a roughly 5% tariff on US liquified natural gas (LNG) imports could hamper growth for Chinese producers looking to secure long-term buyers, according to industry observers. While Ronald Ripple , professor of energy and finance at Cheniere Energy's said US LNG shipments could still be profitable in US compared to Europe supplies, others warned the trade dispute could put security of supply at risk and create obstacles for long-term procurement agreements. as for those buyers who have already placed orders, some will look to divert cargoes from the China to other countries due to the trade war.