18 March | Gas

China suspends LNG imports from the US

China suspends LNG imports from the US

China has suspended liquefied natural gas (LNG) imports from the US for 40 days, marking the longest hiatus in the past two years. Bloomberg experts attribute this pause to a 15% tariff imposed in response to US trade policy. As a result, Chinese gas buyers have had to redirect supplies to other markets, such as Europe. They are now reselling US LNG and seeking alternative sources from the Asia-Pacific and Middle East regions.

Meanwhile, China Resources Gas International has inked a 15-year supply deal with Woodside Energy to purchase LNG from Australia. Additionally, China is increasing its domestic gas production, according to Bloomberg.

Historically, during President Trump’s first term, trade tensions halted US LNG exports to China temporarily. When shipments resumed in 2020, imports averaged around 400,000 tons monthly, Bloomberg noted.

Elena Dorokhina MarketCheese
Period: 17.09.2025 Expectation: 500 pips
Buying SPX on 0.5% Fed rate cut
Today at 11:38 AM 110
Period: 24.09.2025 Expectation: 1500 pips
USDCAD is set to fall ahead of interest rate decisions
Today at 10:57 AM 88
Period: 23.09.2025 Expectation: 500 pips
NVIDIA shares approach gap closure at $170.50
Today at 10:26 AM 85
Period: 31.12.2025 Expectation: 200 pips
Buying NVIDIA shares with $195 in view
Today at 08:54 AM 26
Period: 24.09.2025 Expectation: 1300 pips
EURUSD is expected to correct after Fed announces rate decision
Today at 07:14 AM 94
Period: 23.09.2025 Expectation: 3000 pips
Buying Bitcoin with $118,800 target amid consolidation
Yesterday at 10:53 AM 248
Go to forecasts