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Chinese force maneure on LNG imports: Are there lessons to be drawn by Indian buyers?
Mar 11: More Chinese LNG buyers have invoked force majeure caveats to postpone LNG purchases.
8But force majeure cases are rarely straightforward and even a specific reference to a potentially relevant event (like ‘epidemic’, ‘quarantine restrictions’, or ‘acts of government’ under an SPA would not  typically guarantee force majeure relief. In most cases, and depending on the applicable law, the buyer will still need to fulfil several contract-specific requirements, as per the definition of force majeure under the  relevant SPA.
8At this point, there are five possible outcomes of the force majeure notices (filed and expected to be filed) by Chinese LNG buyers are possible.
8Are there lessons here for Indian buyers as well?
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