28 April 2024
G7 leaders add weight to calls for an end to LNG destination clauses
Publication date: 12 April 2017
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Energy leaders from the G7 group of major economies have added their weight to growing calls for greater flexibility in LNG commercial contracts and specifically a relaxation of destination clauses.
Head delegates at the G7 energy ministerial meeting in Rome this week “reaffirmed the importance of greater flexibility of commercial clauses in LNG contracts, including relaxing destination clauses, and similar restrictive mechanisms”.