As natural gas production increases, here’s how LNG is changing the global market - Business Insider

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As natural gas production increases, here’s how LNG is changing the global market CMEGroup ad

Gas markets have traditionally been fragmented into separate regions or countries because of the need for pipelines to connect producers and consumers in different parts of the world.

LNG projects are very complex and expensive and so developers have tended to lock in their buyers to very long-term contracts.

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