New Pressures Facing US LNG Sales Contracts

摘要

Unprecedented low gas prices and weaker demand exacerbated by the coronavirus pandemic have made buyers of US LNG among the most badly hit players as they are locked into expensive long-term contracts that are uncompetitive in today's market. Lessons from the coronavirus pandemic are expected to add further pressure on US developers pursing final investment decisions (FIDs) to rethink their business models and devise ways to respond to buyers' needs for greater volume flexibility and price checks.