Technip Energies CEO Says US LNG Projects Can Skirt Chinese Yards
Technip Energies CEO Arnaud Pieton asserts that US LNG export projects can circumvent the tariff uncertainty on Chinese-made equipment by sourcing from alternative yards in Asia and the Middle East. This statement comes amid ongoing trade tensions between the US and China, which have led to the imposition of tariffs on various imports. Pieton suggests that US LNG project builders can mitigate the impact of these tariffs by diversifying their supply chains and exploring options outside of China. This strategy could help US LNG projects navigate the complex trade landscape and potentially reduce the financial burden associated with tariffs on Chinese-made equipment. The CEO's remarks highlight the importance of adaptability and strategic decision-making in the energy industry, particularly in the face of evolving trade policies and geopolitical uncertainties.
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