First US LNG Shipment to China in a Year to Be Re-Exported


The cargo from Venture Global’s Plaquemines facility in Louisiana was offloaded at the Yangpu port in southern China earlier this month, ship-tracking data compiled by Bloomberg shows. The gas was then loaded into bonded storage, where it is currently being prepared for re-export, people with knowledge of the matter said. The LNG was delivered with the intention for resale overseas, where prices are more attractive, the people said.



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