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An LNG container ship from Australia docks at Yangkou port of Rudong county, Jiangsu province, on Jan 15.
Beijing's countermeasure against the United States in their trade dispute would hurt US liquefied natural gas exporters while providing opportunities to other LNG-exporting countries, said the Ministry of Commerce.
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China, as a very huge market, is willing to further open up and will give opportunities to LNG suppliers around the globe, he said, adding that Australia is an important source of LNG for China, and the two sides have a large amount of trade with great potential.
Wang made the comments when speaking about a white paper titled The Facts and China's Position on China-US Trade Friction. It was published on Monday to clarify the facts about China-US economic and trade relations, demonstrate China's stance on the trade friction with the US, and pursue reasonable solutions.
The White House announced new tariffs on $200 billion worth of Chinese goods beginning on Sept 24, including various aluminum and steel items that had been left out of tariffs imposed in March. China announced countermeasure tariffs in response on $60 billion worth of US imports including a 10 percent tariff on LNG effective the same day.
Meanwhile, US crude oil exports to China, which reached record levels in June, are safe for now with oil's exclusion from this announcement.
It is reported that PetroChina will stop buying spot US cargoes for this winter if the tariff is imposed, while it has also signed contracts with Papua New Guinea and Qatar in the past few months for deliveries up to 6MMtpa starting soon, she said.
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