Hormuz LNG transit risk boosts chances for Russia-China pipeline
Persistent disruptions to LNG flows through the Strait of Hormuz bolster Russia’s chances of getting the Power of Siberia II pipeline built. A 2032 startup would give Gazprom a new major outlet, as the EU’s 2027 ban on Russian LNG reshapes Moscow’s long-term export strategy.
China seeks more US oil, may lift tariff on LNG
China wants to buy more American oil and may lift its 25% tariff on US LNG imports as “energy is the one thing they really need,” President Donald Trump told Fox News. Beijing could unilaterally approve the resumption of US LNG imports, but the country has proven resilient to Qatari supply disruptions in the third month of the Middle East conflict.
US LNG vessels headed to China prior to Trump-Xi summit
Prospects that Donald Trump’s upcoming visit to Beijing could help reinstate direct US LNG imports to China are gaining traction, with LSEG data indicating that three carriers loaded in Louisiana could reach China within a month.
