China’s imports of US liquefied natural gas have completely stopped for more than 10 weeks, according to shipping data showing how the Sino-American trade war has spread to energy co-operation.
Since a 69,000-tonne LNG tanker from Corpus Christi in Texas arrived in the southern province of Fujian on February 6 there have been no further shipments between the two countries.
A second tanker was redirected to Bangladesh after it failed to arrive before China imposed a 15 per cent tariff on US LNG on February 10. The tariff has since increased to 49 per cent, making US gas uneconomic for Chinese buyers for the foreseeable future.
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