Asia, Europe gas buyers switching to long-term supplies to beat volatile prices

May 25, 2022 2:08 PM

DAEGU, South Korea (REUTERS) – Natural gas buyers in Asia and Europe are seeking to lock in supplies via long-term contracts as a buffer against volatile global prices, industry executives said, in moves that will reverse the last decade’s trend of increasing spot purchases.

Source : https://www.straitstimes.com/business/companies-markets/asia-europe-gas-buyers-switching-to-long-term-supplies-to-beat-volatile-prices