The U.S. and China have announced the initial steps in their 100-Day action plan of the Comprehensive Economic Dialogue, inviting Chinese companies to negotiate long-term contracts for liquefied natural gas (LNG) shipments from U.S. suppliers.

This is a really big deal. 

LNG is the fastest growing major energy market, the U.S. is the fastest growing exporter, and China is the largest incremental consumer (with nearly a $30 billion market by 2030). Since LNG exports from the contiguous U.S. began in February 2016, about 10 of our cargoes have reached China, but only sold on the spot market.

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