US energy agency advises against China investment in LNG projects
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
The US Department of Energy has advised American companies not to allow Chinese companies to invest in US liquefied natural gas export projects, the head of one such venture said on Thursday.
The advice contributed to a lack of lucrative US gas export deals with Chinese companies, said Michael Smith, the chief executive of Freeport LNG. Some existing deals for liquefied natural gas, or LNG, are worth billions of dollars.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
