Reuters: U.S. LNG producers fear more price drops as they await China buys under Phase 1 deal

30 January 2020

The Phase 1 accord between the United States and China has a two-year term, making it harder for buyers and sellers to enter long-term agreements, executives said. Phase 1 should be viewed as a “ceasefire” as opposed to an accord, said Jason Feer, head of business intelligence at LNG shipbroker and consultancy Poten & Partners.

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