# Gas Sellers Warn Hard-Bargaining Buyers: Market Is Turning - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

> Bloomberg reports that a worldwide gas glut has let buyers push for better terms and shorter contracts. LNG Ltd's chief executive warned that the market could tighten by 2021 if buyers avoid long-term contracts needed to finance new export terminals. Malaysia's Petronas has already scrapped a $27 billion Canadian export complex because of low prices.

- Date: 2017-08-09 · published 2017-08-09T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/69636-gas-sellers-warn-hard-bargaining-buyers-market-is-turning-energy-news-top
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Cancelled export projects and a possible shift back to long-term contracts could tighten supply later, but the near-term price outlook remains soft.

## Read by commodity

- NATGAS: neutral

## Sources

- energynow.com: https://energynow.com/2017/08/gas-sellers-warn-hard-bargaining-buyers-market-turning-1/

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