The linkage to oil in long term LNG contracts in Asia has meant that gas prices are generally much higher than those in other parts of the world, leading to serious doubts about the sustainability of this pricing model. As spot markets and alternative sources of supply develop further in the region, gas purchasers in Asia are now looking to renegotiate more favorable terms for their long term contracts with their suppliers for the first time.
As such there is a need for expertise in contract formation as well as effective negotiation strategies, and a demand for an event that provides expert guidance on these issues. With the first major disputes also on the horizon, the congress will also explore the different mechanisms and solutions available to companies in the region when agreement cannot be reached.