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Trump’s tariff pressure pushes Asia toward American LNG, but at the cost of climate goals
HOÀN KIẾM, HANOI, JUL 18 – Asian countries offer to increase U.S. LNG imports to ease trade tensions despite concerns that long-term contracts may hinder renewable energy adoption, analysts say.
- Earlier this year, Asian countries offered to buy more U.S. LNG, aiming to ease trade deficits and forestall higher tariffs.
- Long before current trade frictions, U.S. efforts to sell LNG to Asia gained momentum with Trump’s push for trade deals, becoming a key bargaining chip since tariff talks began.
- Experts caution long-term gas deals pose infrastructure risks, and LNG contracts could lock countries into fossil-fuel infrastructure.
- Since LNG costs soared, electricity prices increased, and `LNG only contributes to energy security when it's available and affordable`, Dario Kenner said.
- For the long term, experts say long-term infrastructure commitments could undermine those countries' climate ambitions and energy security while only about 1% of Southeast Asia’s solar and wind potential is being used.
34 Articles
34 Articles
American LNG reels in Asian buyers amid Trump's tariff pressure
HANOI, Vietnam — Asian countries are offering to buy more US liquefied natural gas (LNG) in negotiations with the Trump administration. This is as a way to alleviate tensions over US trade deficits and forestall higher tariffs. Analysts warn that strategy could undermine those countries’ long-term climate ambitions and energy security. Buying more US LNG
U.S. Exports of LNG to Asia Surge Amid Trade Tensions - Real News Now
Amid trade tensions with the U.S., Asian nations offer to increase their imports of American liquefied natural gas (LNG). This strategy has been advanced as an effort to mitigate concerns over U.S. trade imbalances and avert escalating tariffs. Nevertheless, analysts caution that such an approach might jeopardize these nations’ sustainability and energy security objectives in the long run. Increasing purchases of the U.S’s super-cooled fuel has …
Trump’s tariff pressure pushes Asia toward American liquefied natural gas
Asian countries are offering to buy more U.S. liquefied natural gas in negotiations with the Trump administration as a way to alleviate tensions over U.S. trade deficits and forestall higher tariffs.
Febeliec sounds alarmed about Europe's dependence on US liquefied natural gas (LNG).
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