Natural Gas Asia

Tuesday, October 25, 2016

News - South Korea

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Despite Low Oil Prices Asian LNG Buyers May Not Go for JCC Only Price Indexation

Although recent drop in oil prices has weakened the argument that oil-price indexing is disadvantageous for customers, Asian buyers may be reluctant to go back to JCC-only price indexation even with strong price review provisions in future contracts, Vivien Yang, partner with law firm Simmons & Simmons...