Protracted weakness in spot LNG market will test buyer-seller relationships in 2024
March 13, 2024 Comments Off
A prolonged period of low spot LNG prices is expected to see the market shift in favor of buyers and seep into broader aspects of the LNG business such as price reviews, contractual terms and long-term deal negotiations in 2024, according to industry experts. Asian spot LNG prices have been under $10/MMBtu since the end of January and had dropped…
Protracted weakness in spot LNG market will test buyer-seller relationships in 2024
A prolonged period of low spot LNG prices is expected to see the market shift in favor of buyers and seep into broader aspects of the LNG business such as price reviews, contractual terms and long-term deal negotiations in 2024, according to industry experts. Asian spot LNG prices have been under $10/MMBtu since the end of January and had dropped…
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