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re: Shell backs BP in fight over Venture Global LNG exports
Posted on 1/3/24 at 7:49 pm to skeetandtrap
Posted on 1/3/24 at 7:49 pm to skeetandtrap
quote:
Not “commissioning” their trains so they don’t have to sell at long term contract prices but instead selling on the spot market where they could fetch way higher prices. Especially last year when Europe was paying high prices due to the Russia Ukraine war.
yep, this is it.
they don't wanna sell at the prices they locked in contracts for because they can get a lot more at current prices.
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