FT: Asia’s LNG users seek pricing overhaul

With the flow of liquefied natural gas from the US likely to weaken the oil price link of Asian gas prices, the region’s users are calling for more flexible gas pricing, writes Emiko Terazono.

The current debate among Asian buyers centres around indexing some LNG sales to the US Henry Hub benchmark. However, while a link to the US natural gas market is better than one linked to crude oil, Professor Jonathan Stern, head of gas research at the Oxford Institute for Energy Studies, argues that “it’s not a solution to the problem”.  MORE