Posted inChina

China lends US gas producers a big helping hand

China is offering life support to beleaguered US and other liquefied natural gas (LNG) producers hit by the double whammy of a multi-year supply overhang and the Covid-19 pandemic’s rising economic fallout. China’s procurement of US LNG represents a certain olive branch after a 13-month punitive halt on purchases due to the US-China trade war. […]