Natural gas transactions Q1’2020: “slow quarter reflects highly uncertain economic conditions”

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A slow quarter for transactions in Q1’2020 reflects the highly uncertain economic conditions created by Covid-19 and the global lockdown. In fact, the most notable transactions in the gas space in Q1 are closures of deals that had already been agreed in Q4’2019. Several ready-to-go transactions scheduled to move in Q1 have been delayed or shelved on account of the current market environment, as vendors and purchasers alike weigh the effect of the pandemic on debt markets and transaction values.

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