LNG buyers seek to dismantle rigid long-term contract structures in flexibility push

"The spot market has continued to take market share and that trend will continue. Liquidity will continue to increase, transparency will continue to increase and we'll end up with a spot price that can be hedged in the same way as Brent crude oil, gasoline or diesel," said Richard Holtum, global head of gas and power at Trafigura, in a recent interview.

This article was originally published by S&P Platts in 2023.

Read the full article: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/lng/092823-lng-buyers-seek-to-dismantle-rigid-long-term-contract-structures-in-flexibility-push#:~:text=LNG%20buyers%20are%20seeking%20shorter,while%20including%20more%20FOB%20volumes.