No. 15



Foreign Partners Fill The Gap As Buyers Shun Floor Prices InMideast LNG Sales Contracts

Now that Qatar's Ras Laffan LNG (RasGas) venture has waived theminimum price provision in its first 2.4mn ton per year sales contract with Korea GasCorp. in order to obtain a commitment from the Korean firm for a second 2.4mn t/y tranche,it is probably safe to consign the concept of floor prices in long-term liquefied naturalgas supply agreements to the archives of...