New deal with China expected to boost U.S. LNG exports

A new agreement between China and the United States links the world’s largest liquefied natural gas (LNG) growth market to the fastest-growing LNG exporter and may encourage a new round of expansion along the Gulf Coast, reports FuelFix.com. The news site says the U.S. Commerce Department recently announced a 100-day action plan that allows Chinese companies to negotiate long-term contracts to source LNG from U.S. suppliers. Energy research firm Wood Mackenzie said the deal has the potential to alter global LNG trade. For more, read the full story.

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