Buyers to press Qatar, UAE for cheaper, more flexible LNG deals after Hormuz shock

Asian and European LNG buyers are set to push Qatar and the UAE for lower prices and more supply guarantees as the U.S.-Iran conflict increases shipping/insurance costs. The reported rise in delivery costs adds pressure to LNG pricing and contract terms, likely creating volatility for LNG-related supply chains and spreads.

Analysis

Asian and European LNG buyers are set to push Qatar and the UAE for lower prices and more supply guarantees as the U.S.-Iran conflict increases shipping/insurance costs. The reported rise in delivery costs adds pressure to LNG pricing and contract terms, likely creating volatility for LNG-related supply chains and spreads.