LNG trading showing strain from US – China trade war

As the trade war continues and grows in intensity, fewer and fewer LNG shipments departing from the US have been bound for China.

China, which purchased 14% of all US LNG shipped between February 2016 and April 2018, purchased just one shipment from the US in May and none in June; compared to 14 in the early months of this year.

However, this should not be cause for widespread concern as there are reportedly a number of reasons for the slowdown, including seasonal influences and rising Australian LNG production.