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LNG Update
Dec 05:   US LNG cargoes are not price competitive yet in the Asian markets, where bulk of the demand is likely to emanate. Unless US producers change their core pricing policies
8The LNG glut will continue till around 2023-24
8The long term contract model seems to be in decay as deep pocketed portfolio players are players take both the price and the volume risks and sell the LNG to the final consumer in a variety of long-term, short-term or spot contracts to optimise the matching of supply and demand.
8So buyers don’t need to take volume risks.
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