# Growing global LNG market needs better pricing system, according to executives | FMT

> LNG executives at the World Gas Conference in Washington argued that the market needs a better pricing benchmark than oil-indexed contracts. Woodside's CEO said LNG should be delinked from crude, while Cheniere's CEO warned that high oil-linked prices could erode buyer demand. The discussion concerned contract structure rather than a specific price move.

- Date: 2018-06-27 · published 2018-06-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/64722-growing-global-lng-market-needs-better-pricing-system-according-to-executives
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

If LNG pricing shifts away from oil indexation, gas and energy price relationships could change, affecting long-run energy input costs. There is no immediate price effect on feed commodities.

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/business/2018/06/27/growing-global-lng-market-needs-better-pricing-system-according-to-executives

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.