Middle East & Africa Price trends
April 2018
Asia is expected to remain a popular destination for Angolan LNG, driven partly by attractive netbacks.
Portfolio players are actively involved in marketing LNG from Angola, and they trade part of the volumes on the spot market. Angola LNG has signed term supply contracts with three portfolio players – RWE, Vitol and Glencore.
The portfolio players are targeting both Asian and European markets with Angolan LNG, but the former are looking more attractive. Asian customers received almost 86% of...