Tag Archives: United States of America

US President Donald Trump has mounted pressure on Iran.

The market seems to be inadequately prepared for a rapid loss of exports.

In the latest round of levies. China said it would impose additional tariffs of 25 percent on $16 billion worth of U.S. imports.

Trump cited the devaluation of the Turkish lira in his Friday decision to double the steel tariffs for imports from Turkey.

Europe received about 10% of total US exports last year.

Qatar aims to boost its LNG export capacity from the current 77 million tons to 100 million tons annually by 2024.

The price for LNG shipment into key Asian markets is hovering around $10 per million British thermal units.

In the short term. supply is not seriously impacted. given that Saudi Arabia. Russia ramped up their oil production.

The United States hasn'.t been able to persuade China—Iran’s biggest oil customer—to reduce Iranian oil purchases.

The company appears to have begun negotiations with multiple companies to sell the project.