LNG

One US LNG cargo reached China on 16 July, the first in seventeen months, but it may never be imported. Our tracking shows the Al Fat'h diverted from Huizhou, an ordinary customs berth, to bonded Yangpu, where a cargo can wait, clear customs, or leave again with duty never falling due. Which of those happens is not yet knowable, and Beijing's tariff on US LNG still stands.

Four LNG cargoes loaded from Sabine Pass LNG and Plaquemines LNG between 5 and 18 May initially signalled arrival in Tianjin, China. All four have since updated their declared destinations and are headed for South Korea and Japan instead.