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Business & Economics

US LNG exporters seek to renegotiate deals to cover rising costs

Reuters
Summary
Nutrition label

81% Informative

Several U.S. LNG producers are trying to renegotiate higher prices with buyers as a result of rising construction, labor and borrowing costs.

Mexico Pacific , Venture Global and Energy Transfer are among those trying to negotiate higher prices.

Rising liquefaction costs, a tighter domestic gas market, and falling prices for rival supplies indexed to oil could all impact LNG competitiveness, analyst says.

VR Score

91

Informative language

97

Neutral language

69

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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