Perspective

Perspective. How to structure LNG SPAs and GSAs for volatile markets

Contracts are no longer static - they are dynamic risk management tools whose structures can either create resilience or amplify risk.

Apr 2026 Gas Strategies

Download

Market volatility has become a defining feature of global LNG trade – pricing swings, shifting trade flows, portfolio reshuffling, evolving demand, and geopolitical uncertainty.

Experienced understanding and negotiation across contracts are essential to optimise value and risk so that the deal gets done. This Perspective lays out the essential principles for structuring contracts so that they can survive – and even thrive in – today’s volatility.