Abstract

Decarbonisation is one of the most fundamental changes to ever affect global energy markets. The shift from fossil fuels to renewable energy will dramatically impact, among other things, the extent to which gas/LNG is produced and consumed across the world. This could have profound consequences for existing long-term gas/LNG contracts. Among other things, they could result in a disconnect between the pricing of gas in long-term gas/LNG contracts and the value of gas in downstream markets. Long-term gas/LNG contracts often contain a price review clause, which aims to ...