(LNG) from the Tangguh project: pay up or you won’t see the cargoes. In an increasingly resource-scarce world, suppliers like Indonesia are disregarding the sanctity of contracts and demanding to change terms and raise prices. Pricing of Tangguh’s LNG was agreed upon long before the sharp run-up in oil, gas and coal prices on the…
INDONESIA: Jakarta tells customers to pay higher prices for Tangguh LNG cargoes
Posted on August 6, 2008 by EnergyAsia