Hey there! 👋 Did you know that big companies in the United States that sell liquid gas (that’s super-cooled gas turned into a liquid called LNG) are worried about some new rules? Let’s break it down! 🧐
The US government wants these companies to use ships that are built in the United States to carry their gas across the ocean. Sounds simple, right? But here’s the catch: There aren’t any US-built LNG ships right now! 🚢❌
The American Petroleum Institute (API), which is a group that represents these gas companies, says it’s really hard to follow this new rule. They sent letters to the government saying that making them use only US-built ships would make everything cost more money 💰, mess up their business 📉, and make it harder for the US to sell gas to other countries.
Even though the companies have been given some extra time (until 2029) to start using US ships, the API says that’s still not enough. Building these special ships takes a long time, and US shipyards can’t build them fast enough. 🏗️⏳
So, what does this all mean? The companies are asking the government to rethink the rules so they can keep doing business without problems. They want to find a solution that works for everyone! 🤝
Isn’t it interesting how rules can affect how we trade and do business around the world? 🌍
Reference(s):
LNG trade group says impossible to follow Trump rules on Chinese ships
cgtn.com
