26 April 2024
FEATURE: Have Asian buyers overcommitted to new LNG supply?
Publication date: 30 January 2015
Gas Strategies Group
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ISSN: 0964-8496
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Asian buyers have committed to nearly 100 mtpa of LNG since visual_editor009 from new projects in the Pacific basin, the US and Russia, as well and from aggregators, many of whom have contracted supply from the same sources. Some buyers find they have over-committed. Gas Strategies considers how buyers are dealing with the over-commitment and the outlook for demand as oil-linked LNG prices, which are still the main way in which LNG is priced in Asia, are set to fall to their lowest level since visual_editor009.