In addition to their basic terms (price formula, quantity, etc.), LNG sale and purchase agreements (SPAs) normally include other provisions that significantly affect such contracts’…
A general rule in energy risk management is that there exists an inverse relationship between contractual and operational flexibility, on the one hand, and financial…
Over the course of this year, the buyer’s market that took hold of LNG trade for spot cargos and tenders last winter (2014-2015) has steadily…
A Win-Win Deal: Supply Diversification and Risk Management Statoil’s recently announced sale of approximately 0.4 million tons (6-7 cargos) per year for five years (2015-2019)…
According to Reuters, Chevron has been “struggling to lock-in 20-year sales contracts for its Gorgon liquefied natural gas (LNG) export plant in Australia.” In spite of…