Under the Phase One trade agreement signed between Washington and Beijing on January 15, China is due to import $50 billion worth of U.S.-produced oil and gas over the next two years. But it may not be able to reach this target unless it enacts certain reforms or experiences a surge in demand.
Posted by Jennifer Delay Iacullo
Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.
