LNG

The United States and China have extended a bilateral trade truce – the so-called Busan Agreement – until January 10. The accord reduces the risk of renewed tariff escalation between the world’s two largest economies, but does not include a commitment that China will buy US LNG.

Australia's Offshore Alliance ​is seeking to extend industrial action through July 6, threatening to halt all loadings at the Inpex-operated Ichthys LNG terminal. The strikes were initially expected to end on June 23.