Helping America Navigate a New Energy Reality

The Global LNG Price Dynamics

By on 18 Sep 2017 in quotes with 0 Comments

[In commenting on India forcing ExxonMobil to renegotiate LNG prices]  “This trend is overall a negative for sellers, as they are forced to provide more flexibility to buyers’ needs to maintain their markets. The risk of price renegotiations will become more acute over the next couple years as spot LNG prices remain depressed, even if oil-linked prices rise. The elephant in the room will be how negotiations play out with traditional markets in Japan and Korea, and especially the Chinese national oil companies.”

Saul Kavonic, analyst with Wood Mackenzie

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