Companies proposing LNG export terminals in the US including Alaska Gasline Development and Liquefied Natural Gas Ltd have expressed relief at the trade war truce between the US and China . At the recent G20 summit, President Xi Jinping and Chinese President Donald Trump agreed to a 90-day moratorium on additional tariffs. The move is seen as a positive development for the industry that upcoming US projects will not be disrupted. This year , G20 has reduced its US LNG imports to an estimated 10% , down from 15% in This year , but more long-term agreements are needed to secure the Liquefied Natural Gas Ltd industry.
Companies proposing LNG export terminals in the US including Alaska Gasline Development and Liquefied Natural Gas Ltd have expressed relief at the trade war truce between the US and China. At the recent G20 summit, President Donald Trump and Chinese President Xi Jinping agreed to a 90-day moratorium on additional tariffs. The move is seen as a positive development for the industry that upcoming US projects will not be disrupted. This year, China has reduced its US LNG imports to an estimated 10%, down from 15% in 2017, but more long-term agreements are needed to secure the LNG industry.