Alwaght | News & Analysis Website

Editor's Choice

News

Most Viewed

Day Week Month

In Focus

World against US Recognizing Al-Quds as Israeli Capital

World against US Recognizing Al-Quds as Israeli Capital

undefined
Myanmar Committing Genocide, Ethnic Cleansing against Rohingya Muslims

Myanmar Committing Genocide, Ethnic Cleansing against Rohingya Muslims

undefined
Awamiyah: Saudi Regime Killing Own Civilians

Awamiyah: Saudi Regime Killing Own Civilians

undefined
Qatar Row Deepens Persian Gulf States Rifts

Qatar Row Deepens Persian Gulf States Rifts

undefined
Ansarullah

Ansarullah

A Zaidi Shiite movement operating in Yemen. It seeks to establish a democratic government in Yemen.
Shiite

Shiite

represents the second largest denomination of Islam. Shiites believe Ali (peace be upon him) to be prophet"s successor in the Caliphate.
Resistance

Resistance

Axis of Resistances refers to countries and movements with common political goal, i.e., resisting against Zionist regime, America and other western powers. Iran, Syria, Hezbollah in Lebanon, and Hamas in Palestine are considered as the Axis of Resistance.
Persian Gulf Cooperation Council

Persian Gulf Cooperation Council

A regional political u n i o n consisting of Arab states of the Persian Gulf, except for Iraq.
ISIS Terrorist Group

ISIS Terrorist Group

A terrorist group that fights against Resistance Axis in Syria and Iraq. It was founded & armed by America and its allies covertly.
Taliban

Taliban

Taliban is a Sunni fundamentalist movement in Afghanistan. It was founded by Mohammed Omar in 1994.
  Wahhabism & Extremism

Wahhabism & Extremism

Wahhabism is an extremist pseudo-Sunni movement, which labels non-Wahhabi Muslims as apostates thus paving the way for their bloodshed.
Kurds

Kurds

Kurds are an ethnic group in the Middle East, mostly inhabiting a region, which spans adjacent parts of Iran, Iraq, Syria, and Turkey. They are an Iranian people and speak the Kurdish languages, which form a subgroup of the Northwestern Iranian branch of Iranian languages.
NATO

NATO

The North Atlantic Treaty Organization is an intergovernmental military alliance based on the North Atlantic Treaty which was signed on 4 April 1949.
Islamic Awakening

Islamic Awakening

Refers to a revival of the Islam throughout the world, that began in 1979 by Iranian Revolution that established an Islamic republic.
Al-Qaeda

Al-Qaeda

A militant Sunni organization founded by Osama bin Laden at some point between 1988 and 1989
New node

New node

Map of  Latest Battlefield Developments in Syria and Iraq on
alwaght.com
News

China Slashes LPG Imports from US, Turns to West Asia

Tuesday 9 October 2018
China Slashes LPG Imports from US, Turns to West Asia

Alwaght- China has slashed purchase of liquefied petroleum gas (LPG) from the United States by 50 percent and turned to the West Asia for extra supplies as trade war escalates between two countries.

Consultancy IHS Markit estimates US imports fell to barely 1 million tons during the first eight months of 2018, down from about 2.1 million tons for the same period last year, said He Yanyu, Executive Director for Natural Gas Liquids, Reuters reported.

China bought nearly 3.6 million tons of US LPG in 2017, making the United States the country’s second-largest supplier of the fuel used in petrochemicals, as well as for cooking, transport and heating.

The fall came as Chinese buyers wound back US purchases of LPG amid uncertainty about the impact of buying product from the United States, said a trader who tracks the fuel.

No US LPG cargoes have landed in China since tariffs were imposed in late August, said Ong Han Wee at consultancy FGE.

“China has stopped shipping in U.S. LPG cargoes as they are now too expensive,” added a second trader who tracks LPG cargoes.

The United States last year accounted for about 20 percent of China’s total LPG imports, which are currently running at about $1 billion a month, based on Thomson Reuters calculation.

The US gap is being filled largely by Qatar, the United Arab Emirates (UAE), Saudi Arabia and Kuwait, analysts said.

Tags :

Trade War US China LPG

Comments
Name :
Email :
* Text :
Send

Gallery

Photo

Film

Jordan-Syria Main Border Crossing Reopened after 3-Year Closur

Jordan-Syria Main Border Crossing Reopened after 3-Year Closur