NOCs find allure in LNG trading
Traditionally conservative players are embracing more flexible approaches
Optimisation is the new name of the game for many NOC LNG exporters, from Southeast Asia to the Middle East. They have finally embraced trading in order to keep up with a rapidly changing landscape almost unrecognisable from the market they first entered. NOCs have been selling LNG since the 1970s, but only in the last decade or so have they made headway in terms of trading. Building a liquefaction plant was about monetising natural resources; optimisation is about value creation from every molecule of LNG produced. Gone are the days of single point-to-point LNG contracts, while US liquefaction played a key role in ushering in a new level of commercial flexibility. NOC producers must now re-
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
