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Qatar is offering shorter and cheaper liquefied natural gas contracts as it attempts to secure customers for supply from expansion projects amid rising competition with the US. A deal agreed last week between the world’s top LNG exporter and Bangladesh included more lenient payment deadlines than typically offered, according to people with knowledge of the matter. The supplier aims to be more accommodating of customers' needs, particularly emerging nations in Asia that struggle with high energy costs or are unable to commit to long-term agreements.

Qatar Offers Looser LNG Contract Terms to Entice Asian Buyers

Qatar is offering shorter and cheaper liquefied natural gas contracts as it attempts to secure customers for supply from expansion projects amid rising competition with the US. A deal agreed last week between the world’s top LNG exporter and Bangladesh included more lenient payment deadlines than typically offered, according to people with knowledge of the matter. The supplier aims to be more accommodating of customers’ needs, particularly emerging nations in Asia that struggle with high energy costs or are unable to commit to long-term agreements.

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