Oz LNG won't be hit by US-China $50B energy deal: Westpac

WESTPAC’s Robert Rennie has analysed the latest, not-yet-inked, US-China trade deal and noted that among a focus on agriculture and services, China has also agreed to US$50 billion worth of US energy imports over a two-year period, but suggests Australian LNG may not be directly affected.

Oz LNG won't be hit by US-China $50B energy deal: Westpac Oz LNG won't be hit by US-China $50B energy deal: Westpac Oz LNG won't be hit by US-China $50B energy deal: Westpac Oz LNG won't be hit by US-China $50B energy deal: Westpac Oz LNG won't be hit by US-China $50B energy deal: Westpac

Beijing takes $50B of American energy but long-term contracts insulate Aus. market

 
Rather, the bank's head of Financial Market Strategy believes there is much larger potential for a ramp up in US crude imports assuming Chinese refineries can handle what he says is a growing

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