US-China energy trade could restart with $6 billion in annual LNG purchases
- Xi Jinping could offer Trump a $6 billion-a-year US LNG trade revival during their upcoming Washington talks.
- China effectively stopped importing US LNG after imposing a 15% tariff on American energy amid the trade war.
- Chinese firms still hold US gas contracts worth about 14 million tonnes a year, which could resume if tariffs ease.
- China has already shown signs of a thaw, including buying some US LNG and signing a 20-year supply deal with a US exporter.
Source: theprint.in
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