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S with three under construction and six more holding permits while waiting on sales contracts before making
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and supply to contract But gas production is at a record high and expected to keep growing Demand is rising
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at stake a 500 000 tonnes per year legacy contract that expired in March 2016 would seem insignificant
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20 2017 Japan’s LNG buyers continue pushing for better contract terms Reuters; Feb 17 Japan
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20 2016 LNG buyers in Asia increasingly turn to short term contracts Bloomberg; Oct 18 – Australia
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at the earliest Indian LNG buyer says no more long term price contracts The Economic Times; India; Oct 8 Indian
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9 2019 Asian buyers start talks with LNG suppliers for lower priced contracts Reuters; Dec 5
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when prices were at their peak Those contracts require them to buy gas at a higher percentage
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Tokyo Gas will push for lower LNG prices better contract terms Reuters; July 13 Japan s Tokyo Gas
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units are scheduled to come online in 2018 and 2019 All of Yamal’s output is under contract to European
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barrels a day While about 70 percent of Ichthys LNG is contracted to Japanese buyers supply from
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into an engineering procurement and construction contract and additional commercial agreements and obtaining adequate
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and condensate in Asia have added a new clause in contracts that prevents prices of their oil from falling below
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for this year’s LNG deliveries are vague Contracts have not been signed for the full volume U S National Security
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Platts; Dec 1 China s rush for long term LNG contracts with the U S has been triggered by record high
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raised the odds of more Chinese LNG importers reneging on supply contracts and suppliers raising concerns
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buyer of liquefied natural gas is considering canceling two long term contracts as a slump in spot
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Israel into an exporter with long term contracts worth an estimated 25 billion From a geological view
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report released this month In another evolving change in the industry about 70 percent of LNG contracts
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it also stands to be a boon for the liquefied natural gas market A large share of LNG contracts are linked