LNG buyers seek to dismantle rigid long-term contract structures in flexibility push

LNG buyers are holding their ground in long-term contract negotiations with suppliers, pushing back on an array of rigid terms and conditions that traditionally favored sellers, signaling ongoing commoditization and evolution of the LNG marketplace despite recent upheavals. The long-term LNG contract market is starting to look like a buyers’ market again with two of the world’s largest producers –… LNG buyers are holding their ground in long-term contract negotiations with suppliers, pushing back on an array of rigid terms and conditions that traditionally favored sellers, signaling ongoing commoditization and evolution of the LNG marketplace despite recent upheavals. The long-term LNG contract market is starting to look like a buyers’ market again with two of the world’s largest producers –… Read More