This signal is no ordinary one! We've signed a deal for ten million tons of liquefied natural gas (LNG) with the United States! On September 15, according to VOA reporting, U.S. LNG exporter Venture Global announced it has entered into a new sales and purchase agreement with China Gas Holding Co., Ltd.—China's major natural gas supplier. Under this agreement, China Gas will purchase 500,000 tons of LNG annually from Venture Global over a 20-year period, effective starting in 2030.
Evidently, an annual volume of 500,000 tons over 20 years means this is a total LNG procurement deal amounting to as much as 10 million tons. Combined with previous contracts, this raises the company’s long-term purchasing capacity to 2.5 million tons per year. According to U.S. media, China is the world’s largest importer of natural gas and was once a major buyer of U.S. liquefied natural gas—but China suspended imports of American LNG in March 2025. China still maintains tariffs on U.S. energy products, including a 15% tariff on imported LNG.
Given the current state of Sino-U.S. relations, signing such long-term orders with American companies likely goes beyond mere commercial considerations. In fact, foreign media previously reported that we have recently acquired another 1 million tons of U.S. soybeans. Since the September 2023 trilateral summit in Busan involving China, the United States, and South Korea, our cumulative purchases of U.S. soybeans have exceeded 12 million tons. In today’s broader bilateral context, continuously securing large-scale deals clearly sends a strong signal: Sino-U.S. relations are further stabilizing.
Such commercial procurement essentially reflects our commitment to fulfilling promises made to the United States. Naturally, when we fulfill our commitments to America, it also means the United States must honor its promises to us. Recently, foreign media reported that China has made its position crystal clear: the U.S. must proceed with extreme caution regarding the Taiwan issue. If the U.S. continues taking actions on arms sales to Taiwan, anything could happen. On one hand, economic and trade cooperation; on the other, firm warnings. Clearly, the U.S. must live up to its commitments on issues we deeply care about.
Original article: toutiao.com/article/1876358596180099/
Disclaimer: The views expressed in this article are solely those of the author.