LNG macro analysis, page-1303

Bill Newby -- D.A. Davidson -- Analyst
I appreciate that. And then, I guess, shifting over to hydrocarbons and just another follow-up on LNG. I guess, just as you're in dialogues with customers and that they're looking at FIDs. How much weight are these guys given to all this tariff noise that we're seeing with China? And I guess, is -- do you see any projects that could be pushed due to that kind of risk and how are these guys thinking about that?
Stuart J. B. Bradie -- President and Chief Executive Officer
Yeah, it's interesting. Magnolia did come out and say that they are struggling to close deals with Chinese off-takers. However, I think there's a fantastic opportunity now, and you saw this with Germany more recently this quarter basically opening up for LNG imports. So, I do think there's probably a higher demand from Europe than expected.
And I think at the end of the day, when you look at companies like Venture Global there, off-takes they've announced though with people like Shell and BP and into Repsol in Spain, et cetera. So, I do think that there are other avenues for LNG off-takes that we're seeing. And of course, the big traders, I guess, the big names in LNG trading are not worried too much about that. So, I think, ultimately, we are not seeing really any negative impact of tariffs at the moment. We are watching it, of course, very carefully.