Market-based LNG pricing gains traction in long-term contracts for Southeast Asia: sources

The use of market-based pricing in the Southeast Asian LNG market appears to be on the rise, with two term deals signed this year possibly linked to Platts JKM LNG prices, according to market sources. One of the two term deals was from Electricity Generating Authority of Thailand (EGAT), Thailand’s state-owned utility, for 1.2 million mt for delivery over 2024… The use of market-based pricing in the Southeast Asian LNG market appears to be on the rise, with two term deals signed this year possibly linked to Platts JKM LNG prices, according to market sources. One of the two term deals was from Electricity Generating Authority of Thailand (EGAT), Thailand’s state-owned utility, for 1.2 million mt for delivery over 2024… Read More