US LNG exporters fret over China tariff move as they try to market terminals

摘要

China’s decision on September 18 to hit US LNG imports with a 10%rntariff dealt a blow to the prospects of US Gulf Coast export projectsrnthat are hoping to start up in the early to mid-2020s, while LNGrndevelopers in other countries could get a boost from the news by usingrnthe trade war to court Beijing buyers.rnAs global LNG leaders gathered for the second day of the Gastechrnconference in Spain, they were left to digest the fallout from China’srnretaliation for President Donald Trump’s earlier imposition of additionalrntariffs on US imports of Chinese goods.rnThe tit-for-tat tariffs create uncertainty in the market, Steve Hill, anrnexecutive vice president in Shell’s unit that provides natural gas andrnLNG, as well as marketing and trading services, said in an interviewrnwith S&P Global Platts on the sidelines of the conference.