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China to Resell First US LNG Cargo in a Year Instead of Importing It

Chinese buyers that received the first U.S. LNG cargo in over a year plan to resell it on another market to profit from higher prices elsewhere and avoid paying a 25% tariff, sources familiar with the plans told Bloomberg on Monday. The Yangpu port in south China earlier this month received a cargo of U.S.

Original report: OilPrice.com ·

China to Resell First US LNG Cargo in a Year Instead of Importing It

This is a curated industry news brief from the MarineCraft News Desk. Read the original coverage at the source.

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Source: OilPrice.com