And, it’s this seemingly insatiable gas demand that gives...

And, it’s this seemingly insatiable gas demand that gives Beijing leverage with the U.S. As the so-called second wave of U.S. LNG development unfolds, numerous projects will likely not reach the all-important final investment decision (FID) needed to go forward unless they can secure either Chinese funding, Chinese long-term off-take agreements or both. In fact, it’s already starting to happen. On Monday, Australia’s LNG Ltd delayed until next year a planned decision on whether to build its Louisiana-based Magnolia LNG plant due to problems lining up Chinese customers.

https://oilprice.com/Energy/Natural-Gas/Chinas-LNG-Tariffs-Are-A-Tactical-Stroke-Of-Brilliance.html