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offtake contracts and secure financing or equity partners for their projects But there are risks from
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get sufficient contracts to reach a final investment decision by the first quarter of 2020 ” for 12
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dollar deal to develop the South Pars gas field in July The contract gave CNPC the option to take over
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contracts most likely resulting in a delay or a cancellation of their projects ” the credit rating agency
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Last month Sempra finalized an engineering procurement and construction contract with Bechtel Europe
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tightening access to bank loans could prove disastrous Shorter flexible contracts a challenge for LNG
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2017 Total signs short term LNG contract with Japanese buyer Reuters; April 13 French oil and gas major
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it welcomes China to receive shipments and engage in long term contracts That may help ease concerns in China
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more gas ” The biggest challenge for NextDecade is locking in long term contracts with buyers Without
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Japan investigating destination restrictions in LNG contracts Bloomberg; July 13 Japan the world’s
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and would be buyers of wind power are scrapping contracts putting off projects and postponing investment
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developers have delayed investment decisions as they struggle to secure firm long term contracts with buyers
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on the planet Pakistan advises LNG importers to renegotiate long term contracts S P Global Platts; Nov 22
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liquefied natural gas cargoes they are contracted to buy from U S suppliers in exchange for cargoes shipped
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in fiscal 2016 Tokyo Electric and Chubu Electric handed over their long term LNG contracts to the joint
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for cargo said Alex Siow ICIS lead Asia gas and LNG analyst Reduced demand means China is over contracted
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and further pushing prices to record lows On the U S side new commercial contracting has all but dried up
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said March 19 as the company has awarded the project’s front end engineering and design contract
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to double that by 2020 The Saudis will supply oil on a long term contract Louisiana LNG developer reduces
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long term contracts still to be honored It also pointed to opportunities particularly in growing