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LNG 2023 - Vancouver 

10-13 July 2023
Vancouver Convention Centre
B.C. Canada

Chevron and Qatar Energy

Program Overview

LNG 2023


PL.01 The Effect of Geopolitical Risk and Market Volatility on LNG Commercial Activity

Monday 10 July 2023
Plenary | East Exhibition Hall A
LNG markets, Energy Security and Decarbonisation , Operations and Best Practice , Commercial Stimulii , Upstream/Midstream Gas Production, Processing, Liquefaction , Shipping, Marine operations and Terminals , Downstream Infrastructure and Applications , Clear Filters - See Full Programme
Volatility and geopolitical risk have led to extreme market tightening and a material decoupling of spot prices from term prices. Europe is seeking to replace Russian pipeline gas with LNG while regasification investments are alleviating the infrastructure strain. In Asia there has been a retreat from spot purchases due to affordability concerns exacerbated by currency deterioration. Post-2025 contract activity is searching for direction amidst concerns over long-term demand uncertainty, carbon pricing, and the risk of oil prices decoupling from gas prices. Is this the new normal going forward when it comes to LNG contracting?
Michael Stoppard, Global Gas Strategy Lead and Special Advisor - S&P Global Commodity Insights
Sarah Bairstow, President & Chief Commercial Officer - Mexico Pacific
Octávio Simões, President & CEO - Tellurian
Michael Lewis, CEO - Uniper
Nathan Tungseth, SVP, Global Industry Manager, LNG - ABB
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