LNG market volatility clouds forecasts, even with long-term contracts in place

Despite the perceived stability offered by long-term contracts, the LNG export business operates in a highly volatile commodity market. The market’s uncertainty was underscored by lower-than-expected average fixed liquefaction fees earned by a pair of Venture Global export terminals. The lower-than-expected figures prompted investors to cut Venture Global shares by 17%, wiping out $4 billion in shareholder value in a […]