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What's Not on China's Tariff List? Smog-Controlling U.S. Gas

  • LNG use by the Asian giant is growing after switch from coal
  • Winter natural gas shortage from pipelines boosted LNG needs
Bloomberg business news
Don't Panic Yet About U.S.-China Trade Dispute Says CMC

In punching back against U.S. tariffs, China included almost all energy-related commodities on a list of its retaliatory actions. The exception: liquefied natural gas.

That’s not surprising, according to a report Monday by Wood Mackenzie Ltd., a U.K.-based research firm. After an aggressive coal-to-gas switching policy was put in place by China’s government last year to fight the country’s smog issues, U.S. LNG supplied 4 percent of that country’s demand, the report said.