The market and contract structures for liquefied natural gas (LNG) are constantly evolving as the LNG market matures and deepens. Historically it was common for LNG suppliers to negotiate large-volume, 20+-year contracts, with A-rated credit buyers. Many of these legacy contracts have now ended and are being displaced by short-term, more flexible contracts. However, new […]
The shale gas weekend
Shale gas seems to be the flavor of this weekend wherever one looks. If the Wall Steet Journal did an editorial defending fracking, the New York Times continued its superb Drilling Down series on shale gas with a piece questioning if the industry was another bubble in the making. The WSJ editorial was a great […]
No energy is more expensive than no energy
Homi Bhabha, the architect of India’s nuclear industry, reportedly once declared that no form of energy was more expensive than having no energy. Consumers in the developing world without (or at the margins of) access to electricity can empathize with that sentiment. Renewable power technologies are becoming cheaper but several developing world consumers are “ignoring” […]