LNG short-term liquidity goes into reverse
We have seen many of those back and forth swings. When markets are short, buyers want long-term deals, and the sellers not so much. When markets are long, it’s the sellers ranting about buyers going for spot only. But the short market is still better for LNG as it takes willing buyers to get FID’s out the door and a seller from a yet-to-be-built project will have project finance breathing down his neck angling for long-term safety as well. There will be new LNG liquefaction deals during this period of market shortness. of course, it will lead to oversupply again – in time.