Saturday, October 19, 2024

LNG Market Moving toward Flexible Contracts: Kuwait Petroleum

From Natural Gas World Weaker than expected demand in traditional Asia markets is leaving several large LNG buyers in the region over-contracted which should help accelerate a transition towards more flexible contractual structures, Nizar Mohammad Al-Adsani, CEO, Kuwait Petroleum Corporation said during his talk at the fifth IEF – IGU Ministerial Gas Forum that was held in New Delhi December

Eurogroup Agrees on Short-Term Greek Debt Measures

From Stratfor Eurozone finance ministers gathered Dec. 4 for a Eurogroup format meeting to reach consensus on several Greek debt relief measures planned since May. They agreed on a number of short-term measures that include locking the interest rates on current and future loans and extending the repayment period. By 2060, these could reduce Greece’s debt to GDP ratio by about 20 points.

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