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Archive for month: January, 2015

You are here: Home / Frustrated with supply contracts / 2015 / January

Worst Deal Ever: Why rise & fall pricing mechanisms help

January 29, 2015/0 Comments/in Procurement Insights /by Simon Thompson

Today, on the front page of the AFR the headline read “Worst deal ever” and referred to the deal struck in 2002 between Woodside Petroleum and its partners in the NW Gas Shelf to supply shipments of LNG to China.  The 25 year supply deal did not include any mechanism to adjust the price. Read more →

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