Contributed by: MatthewSecomb, Partner, White & Case LLP
Long-term LNG contracts with price review clauses continue to dominate the Asian LNG market. The pricing in those contracts remains predominantly oil-based. The evident reason for that is the absence of a reliable price signal for LNG itself in Asia.
Interview with Chong Zhi Xin, Principal Analyst for Asia Gas and Power, Wood Mackenzie
The arrival of new commodities traders dealing in LNG has caused a shift in the LNG market. Trading entities tend to be more responsive when it comes to meeting changing buyer demands. So what role will this play in the development of LNG hubs in Asi