Germany’s Uniper To Bet On Spot LNG Deals

Recently nationalized German utility Uniper will continue to look for LNG cargoes on the spot market due to a perceived uncertainty of long-term gas demand. This is what the company’s new chief executive Michael Lewis has said, as quoted by Reuters. Lewis praised the flexibility of spot market deals in the LNG space. Speaking at a conference in Canada, Lewis said that "We want to continue to diversify geographically but also in terms of the duration of contracts." "The key challenge will be getting the right pricing and the right flexibility…