Tariffs open LNG gate: China Glenda Korporaal AUST 25 Sep ‘China...

Tariffs open LNG gate: China
Glenda Korporaal AUST 25 Sep


‘China is prepared to open up more markets for Australian LNG sales as a result of its trade war with the US, a senior trade official in Beijing said today. “The US is a major supplier of LNG to China, but because of its trade restriction measures, China is compelled to adopt counter measures,” China’s vice minister of commerce and deputy international trade representative, Mr Wang Shouwen, said at a briefing today on China’s latest position paper on its trade war with the US. “Australia is an important source of China’s LNG. “The trading between China and Australia in LNG is pretty sizeable and there is huge potential,” he said. “China is a huge market. It is ready to expand the market.....’