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Wednesday, 29 November 2006 17:11

LNG agreements designed to attract finance

Steven R. Miles, Washington D.C., and Jason K. Bennett, Dallas, Texas


The terms for the sale and purchase of LNG are evolving towards more complex and flexible relationships between suppliers and purchasers which will allow an increasingly global market in the future.
The ever more intricate and dynamic commercial relationships between LNG suppliers and purchasers are typically set forth in Sale and Purchase Agreements, which serve as the foundation for most LNG trades worldwide.

Published in Oct 2006