Asian LNG buyers reduce contractual uptake on wider LNG to oil-linked price discount
March 4, 2024 Comments Off
Asian LNG buyers have exercised the downward quantity tolerance option, which allows LNG buyers to receive fewer cargoes from their original contract volumes, as spot LNG prices continue its trajectory below that of contracts linked to crude oil, market sources said earlier in the week. Although there are certain limitations of exercising these options, this trend could result in greater…
Asian LNG buyers reduce contractual uptake on wider LNG to oil-linked price discount
Asian LNG buyers have exercised the downward quantity tolerance option, which allows LNG buyers to receive fewer cargoes from their original contract volumes, as spot LNG prices continue its trajectory below that of contracts linked to crude oil, market sources said earlier in the week. Although there are certain limitations of exercising these options, this trend could result in greater…
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