LNG buyers try to ditch U.S. gas commitments

LNG is a long shot. You will see all kinds of market turns and twists while you execute your contract and as sure as hell you wont like each single one of them. Buyers buy longterm risk/opportunity with a longterm contract. Looks like that was conveniently forgotten quite some time ago.

Several large liquefied natural gas (LNG) players have tried to offload their obligation to buy future cargoes from the United States, shedding excess commitments made years ago in the rush for new sources and commercial terms for the fuel.

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