QATAR

While not yet a watershed moment for global LNG pricing dynamics, another Qatari LNG supply deal was inked using a mechanism that deviates from the traditional oil-link, once the standard for Qatari LNG.

Both of Qatar’s LNG producers – Qatargas and RasGas, which together make Qatar the world’s single largest LNG exporter with about a third of the global market share – have signed supply contracts in recent months with non-traditional pricing formulas. RasGas...