Latest Analysis /
East of Suez Gas Service
GLMR #135-LNG Contract Negotiations in a Low Oil Price Environment
Published: 15 May, 2020
Highlights:
- The collapse in crude prices will have a direct impact on LT LNG prices as the majority of term LNG volumes are tied to crude prices.
- While a 12% slope might be feasible at an oil price of US$60/bbl, it does not work for a supplier if oil prices crash to US$20-US$30/bbl again.
- The buyers and sellers ...
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