“It’s not a big deal,” Tellurian founder Charif Souki recently told CNBC’s Jim Cramer when asked about the danger of China slapping 25-percent tariffs on U.S. LNG. “If they impose tariffs on American gas, all that means is we’ll receive different gas,” Souki added. This may be good for Tellurian, but here’s a question: how is this good for the U.S. LNG industry as a whole? “We have the cheapest gas in the world,” Souki said during his chat with Cramer. This might be true but the LNG market is dynamic like all other commodity markets. Besides, a 25-percent tariff on “the cheapest gas in the world” will certainly change its status as the cheapest. It would also throw a wrench in U.S. LNG producers’—Tellurian’s included—plans to boost their production capacity. Here’s what one analyst said earlier this month in a note, as quoted by CNBC. Chinese tariffs “would […]