Middle East & Africa: Price trends
Algeria will keep trying to send LNG to Europe, partly because of higher netbacks from Europe compared with Asia.
Although most of Algeria’s LNG is sold under long-term contracts with European customers, in 2016 the country sold just over 15% of its LNG on the spot market or under short-term contracts. Meanwhile, the country is also negotiating its long-term deals as all of them are due to expire by 2022, and is likely to offer more flexible terms (see Algeria’s gas trade hinges on contract flexibility, 23 March 2017).
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up