The Yangpu port in south China earlier this month received a cargo of U.S. LNG from the Plaquemines LNG export terminal operated by Venture Global in Louisiana’s Plaquemines Parish. The cargo was bought with the intention to resell for higher prices at a non-Chinese market, according to Bloomberg’s sources. The move suggests that China is not so starved of LNG as to be willing to pay the 25% tariff to resume importing U.S. liquefied natural gas. China raised its liquefied natural gas imports for a second month in a row in June as the world’s top LNG buyer prepares for peak summer power demand. This was the second consecutive month in which China’s LNG imports increased from the year-ago period, following three months of falling LNG cargo arrivals in February, March, and April.