LNG pricing – all change!

Changes in LNG pricing – with sellers under pressure, and buyers gaining power and what it could mean for Asia is assessed in this contributed feature from Nicholas Fulford and Ryan Pereira of Gaffney, Cline & Associates
Malacca LNG terminal, Malaysia. (Petronas)

Many Asian gas and LNG buyers are going through – or at least contemplating – market reforms that, from a pricing and contractual perspective, will start to erode the old way of doing things.

Japan’s energy market reform is well under way. There has been a shift in gas purchases by major utility companies recently because they have successfully captured power customers from their competitors.

In Thailand, detailed market reforms are being evaluated by the country’s Energy Regulatory Committee, although it has yet to decide on how...

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