Polina Zhuravleva

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                    [post_content] => LNG projects are highly capital-intensive and in order to protect the investment’s return, the project developers traditionally covered all their future LNG production with sales and purchase agreements (SPAs). SPAs enabled them to share the risks – LNG sellers bore price risk, while the volume risk was transferred to the buyers. Long-term contracts are still central to the LNG trade/industry, but some significant change has taken place in recent years: the elimination from some new contracts of the destination clause which was standard in long-term contracts signed before 2006, and an increase in the number of uncommitted LNG ships. LNG shipping is a crucial part of the LNG trade and just a few years ago there were a limited number of vessels that were not committed to a particular SPA with a defined delivery route.
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Latest Publications by Polina Zhuravleva

Latest Tweets from @OxfordEnergy

  • Decarbonized Market Design: An Insurance Overlay on Energy-Only Electricity Markets https://t.co/5ABluITTPn

    October 16th

  • Jim Henderson quoted on Gazprom and Turkmenistan natural gas imports: Extra gas in winter might help Gazprom, and c… https://t.co/VgtWZWibdK

    October 12th

  • At SPIGF OIES’s @thierry_bros interviewed in French on the merits of LNG flexibility in @sputnikInt - https://t.co/uUc6XDOvBh

    October 10th

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