Chinese buyer signs first SPA for US LNG since tariffs

Monday, 02 June 2025

China's Guangdong Pearl River Investment Management Group (GPRIMG) announced via its official WeChat account the company has signed a long-term LNG sale and purchase agreement (SPA) with ConocoPhillips. The deal is believed to be the first SPA signed by a Chinese company since tariffs were put on US LNG.


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