Changing Markets and Contracts of LNG Business
Article from: OGEL 4 (2003), in National and International Issues in Natural Gas Development
Summary
This article seeks to present a general view of the beginnings of the markets and contracts of the LNG business and also to chart their developments over time. It seeks to identify some of the principal changes and the events which have occurred. Whether the commercial position of a participant means that these changes and developments will be seen as opportunities or threats, it is inevitably the case that these changes and developments will create tensions and challenges to most projects over time. The long-term contracts of the LNG business will not simply go away or revise ...