2022 was one for the natural gas/LNG record books. It will be remembered as one of the most volatile and unpredictable years we have seen in the recent past. Numerous colliding and successive market events since 2020 and 2021 culminated in a wave of acute supply, operational and financial uncertainties for market players. Repeatedly throughout 2022, events brought into focus the critical question of how parties can, commercially and contractually, confront these market issues in an effort to ease and improve the effects on their business – now, and, importantly, into the future.
