Exclusive: Sinopec to Review Potential $16 Billion U.S. Gas Deal With Cheniere

New York Times | Jan 17, 2020 at 12:34 PM
  • China’s Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp drop in LNG prices.
  • Sinopec and Texas-headquartered Cheniere had been expected to sign the 20-year deal once a trade truce was reached between Beijing and Washington.