China Inks First Term Deal for U.S. LNG Since Trade War Erupted

摘要

China inked its first term deal to buy liquefied natural gas from an American exporter since thetrade war disrupted deliveries, a sign of confidence that relations with the U.S. could benormalizing.Foran Energy Group said it signed a framework agreement with U.S. producer Cheniere Energy Inc.to purchase 26 cargoes between 2021 and 2025. The deal was made during the annual trade fair inShanghai, a signature project of President Xi Jinping designed to showcase China’s openness to theworld. Prices will be linked to the U.S. Henry Hub benchmark.