Tag Archives: China

The two leading non-OECD oil markets. China and India. both remain on course to grow solidly this year.

China’s ties to Islamabad have deepened in recent years as Beijing has pledged to fund $57 billion in infrastructure as part of its Belt and Road initiative.

Qatar is looking to expand its LNG capacity to 100 million tonnes per year from 77 million tonnes per year currently.

U.S. LNG exports only started in 2015. and sales to China were a booming business opportunity for the American natural gas industry.

China has proposed import taxes of up to 25 percent on U.S. crude. as well as on liquefied natural gas and coal.

China is the third largest importer of US LNG.

Oil output in the U.S. fell by 100.000 barrels a day to 10.9 million last week. according to the Energy Information Administration.

China accounted for 13% of the exports from Cheniere’s Sabine Pass terminal in Louisiana as of mid-June.

UNIPEC and Sinopec are Asia’s largest refiner and biggest buyer of U.S. oil.

The trade fight with China hangs over potential long-term progress for U.S. LNG exports.