Pakistan LNG Mulls Nixing Eni, Gunvor Deals Amid Cheaper Options
It’s going to cost them more than penalties. Hell, I know that nowadays, nobody gives a damn about anything anymore. Except that this is not true. Longterm contracts are negotiated in good faith. You trust that the other side is not going to mess with you. Parties stand together through thick and thin. Look at some of the oldest LNG supply lines with Japan or South Korea. Those people never mess with each other. When you marry, you mary a package. In good times as well as in bad times. Pakistan is going to be known as a party that will drop you for your neighbor’s wife if it looks a bit better. You can’t buy trust with money.
