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Making Sense Of Cheniere's $18 Billion LNG Deal With China

From forbes.com

When President Donald J. Trump and General Secretary Xi Jinping meet to discuss trade next month, liquefied natural gas (LNG) will be front and center of their discussion. America’s leading LNG exporter Cheniere is in talks to sign a 20 year, $16-$18 billion-dollar supply agreement with China Petroleum & Chemical Corp, also known as Sinopec. If the deal materializes – and by all accounts, it will – it would mark the third such long-term contract signed since Cheniere opened its Beijing office in 2017. The growing business relationship between the two bodes well for the future of U.S.–Sino energy relations, ... (full story)

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  • Category: Fundamental Analysis