Long-Term LNG Supply Contracts Increasing Amid Embargo with Russia
This year, demand for long-term LNG supply contracts has surged amid global efforts to reduce Russian gas imports. Manufacturers have capitalized on this trend by charging much higher prices for new long-term contracts. According to an Oil & Gas Journal report, 10-year LNG supply contracts are currently worth about 75% above 2021 levels. However, the […]
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