APPEC: Asian LNG buyers seek flexible contracts to backstop supply security

Asian LNG importers are increasingly using flexibility in LNG contracts to manage supply security such as adjustment of offtake volumes during weak demand or due to uncertainty around alternative fuels and energy transition, executives at the Asia Pacific Petroleum Conference (APPEC) said in Singapore Sept. 11. Flexibility on a range of terms and conditions were initially built into LNG supply…Asian LNG importers are increasingly using flexibility in LNG contracts to manage supply security such as adjustment of offtake volumes during weak demand or due to uncertainty around alternative fuels and energy transition, executives at the Asia Pacific Petroleum Conference (APPEC) said in Singapore Sept. 11. Flexibility on a range of terms and conditions were initially built into LNG supply…Read More