This winter’s LNG supply constraints and the associated surge in Asian spot LNG prices in mid-January have prompted buyers to rethink their procurement strategies, given sellers’ opportunity to market long-term deals with renewed vigor, and may trigger some lasting changes in contracting behavior, reports S&P Global.
Disturbance in the supply chainThe supply disruptions seen in recent weeks exposed vulnerabilities in the procurement system for many importers, with countries like Japan focusing...
https://mfame.guru/lng-buyers-rethink-procurement-plans-due-to-surge-in-spot-prices/