long-term contracts

Kerala’s power crisis is partially attributed to the cancellation of long-term contracts during the LDF government’s term, according to V.D. Satheesan. The statement links the current energy challenges to policy decisions made under the LDF administration.

European utilities are shifting away from long-term U.S. LNG contracts, creating challenges for Louisiana's LNG developers. This shift is driven by Europe's desire to avoid supplier dependence, declining gas demand due to renewables, price volatility concerns, and regulatory uncertainty, complicating financing for Gulf Coast projects like Lake Charles LNG.