China to Get Greater Access to US Liquefied Natural Gas – US Commerce Secretary

© Sputnik / Sergey Krasnouhov / Go to the mediabankRussia's first liquefied natural gas (LNG) plant on Sakhalin
Russia's first liquefied natural gas (LNG) plant on Sakhalin - Sputnik International
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US Commerce Secretary Wilbur Ross said Thursday that Washington has reached an agreement with Beijing that will allow China getting a greater access to US liquefied natural gas (LNG) exports.

WASHINGTON (Sputnik) — China will have as much access to US liquefied natural gas (LNG) exports as any other partner that does not have a free trade deal with Washington, US Commerce Secretary Wilbur Ross told reporters.

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"Companies from China may proceed at any time to negotiate all types of contractual arrangement with US LNG exporters, including long-term contracts, subject to the commercial considerations of the parties," Ross said.

Ross said the Department of Energy in April capped natural gas exports to non-FTA countries at 19.2 billion cubic feet per day.

The agreement on LNG is part of a broader 100-day economic action plan, which was hammered out during Chinese President Xi Jinping’s visit in April to Donald Trump’s estate in Florida. The two leaders also reached a consensus on addressing issues in agricultural trade, financial services, and investment.

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