Nigeria LNG keen on renewing contracts despite rise of spot market

Nigeria LNG keen on renewing contracts despite rise of spot market

The Nigerian LNG has said that due to the erratic nature of the LNG spot market, it is not keen to explore it fully even though the market has reached over $90billion and is influencing pricing for long-term contracts. Despite a global shift to spots market, NLNG says it is focusing on renewing its expiring…

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