Strategic Issues in Structuring and Documenting LNG Natural Gas Projects
Article from: OGEL 1 (2006), in Liquefied Natural Gas (LNG)
Introduction
Liquefied natural gas ("LNG") is playing an increasingly important role in global energy markets. Because the demand for natural gas worldwide has outstripped the demand for any other fuel, countries have begun looking for new ways to increase supplies, and LNG is leading the charge as an economically competitive supply source. Given the rise in the role of LNG, it is important to understand the strategic issues in structuring, negotiating and documenting LNG projects. This article provides an overview of these issues. It will begin by describing the technology behind LNG and the ...