Tag: LNG

LNG Disputes Beyond Price Reviews

In an article published in Oil, Gas & Energy Law*, Luis Agosti and Boaz Moselle describe several types of commercial disputes in long-term liquified natural gas (“LNG”) contracts that are not directly related to the more common price review type disputes. They identify a common thread to many such disputes: differences between contract and short-term prices give rise to arbitrage opportunities, and parties are unable to agree on how the payoff from arbitrage should be shared between them.

Natural gas price review arbitrations: issues in adopting hub indexation

Boaz Moselle and Luis Agosti authored a chapter in the second edition of Gas & LNG Price Arbitrations: A Practical Handbook. They discuss several questions that arise in the context of price reviews in long-term gas supply agreements when the contract price is reviewed to follow gas commodity market prices, generally referred to as hub indexation.