Does the Portfolio Business Model Spell the End of Long-Term Oil-Indexed LNG Contracts?

Historically the cornerstone of the LNG industry has been the long-term oil indexed contract with restrictions on destination flexibility. However, market liberalisation in North America, the UK and Northwest continental Europe, the temptation to make contracts more flexible to capture arbitrage upside and large volumes of destination flexible US LNG under development – have encouraged the rise of … [Persbericht]