LNG

Structural reforms set LNG on path for next phase

A series of small developments in the LNG sector is set to boost the commodity’s tradability A series of small developments in the LNG sector is set to boost the commodity’s tradability.
By The Wildcat 14 September 2018 0 32540
The Meridian Spirit loading a cargo at Sabine Pass LNG The Meridian Spirit loading a cargo at Sabine Pass LNG. (Cheniere)

A combination of standardised LNG contracts and the growing number of destination-free cargoes will make LNG more tradable. This is good for trading houses – which have already upped their LNG portfolios – and could attract new players to the market.

A lack of standardisation has long been decried as an obstruction to free trading in the LNG market. One of the trickiest aspects has been navigating the web of bilateral master sales agreements that govern the trades. However, switching to general terms and conditions (GTCs)...