The LNG spot market - any impact on longterm prices?
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The document discusses the impact of the growing LNG spot market on long-term LNG prices. In 3 sentences: The growth of the LNG spot market has indirectly impacted long-term LNG prices by changing the commercial behavior and expectations of LNG buyers and sellers. While spot prices may be volatile and influenced by different factors than long-term contracts, the increased transparency and flexibility in the LNG market benefits all players by improving supply security and incentivizing better long-term contracting. The fundamentals of LNG as a capital-intensive business still apply, but the rules of commercial engagement have changed as partnerships and portfolio management become increasingly important to optimize returns.
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