LNG Market & Pricing Strategist

WSP; Midrand; On-site; ZAR 1,400,000 - 2,400,000; Full time

Job summary

WSP Africa is seeking a Market and Pricing Specialist (Liquefied Natural Gas) to provide independent commercial and market review across the LNG-to-burner value chain for a large-scale gas-to-power project. You will assess market fundamentals, pricing structures and contracting strategies to support informed decision-making.

The role requires 15+ years in gas markets or LNG, with experience in LNG sourcing, shipping, and regulatory considerations.

Qualifications

• Relevant degree in Energy Economics, Finance, Commercial Law, Engineering, Economics, Business or a related discipline.
• 15+ years’ experience in gas markets, LNG trading, commercial structuring or LNG procurement.
• Experience within large-scale LNG, gas-to-power, energy infrastructure or independent power project environments.
• Demonstrable experience in large-scale LNG sourcing, pricing, trading, shipping, terminal interface and regasification commercial arrangements.
• Strong familiarity with LNG contracting approaches, including FOB/DES, SPA/GSA structures, take-or-pay, make-up/carry, force majeure, credit support and change in law provisions.
• Experience reviewing LNG pricing benchmarks, indexation structures, cost-stack assumptions, sensitivities and commercial model inputs.
• Understanding of lender expectations, bankability considerations and commercial risk allocation for energy infrastructure or power generation projects.

Responsibilities

• Review LNG and gas market fundamentals, demand and supply assumptions, pricing basis and sensitivities used in the financial model.
• Assess LNG sourcing, pricing structures, indexation mechanisms, cost-stack assumptions and benchmark references.
• Review contracting strategy and risk allocation for SPA/GSA, shipping and terminal services agreements.
• Evaluate key contractual terms, including volume flexibility, quality, force majeure, take-or-pay, make-up/carry rights, credit support and change in law provisions.
• Assess shipping, port, logistics, terminal and regasification feasibility assumptions, including outage, curtailment and contingency arrangements.
• Review nominations, imbalance, measurement and settlement principles across the LNG-to-burner value chain.
• Evaluate counterparty credit, FX, regulatory, customs, tax and compliance considerations that may affect cost, schedule and bankability.
• Review alignment between fuel pricing risk treatment and the power offtake or tariff structure, including pass-through, indexation and availability obligation assumptions.
• Prepare commercial readiness memos, independent pricing and cost-stack benchmarking notes, contract risk allocation commentary and action lists for phase-gate decisions.

Skills

Gas markets

LNG trading

Commercial structuring

LNG procurement

Education

Degree in Energy Economics, Finance, Commercial Law, Engineering, Economics, Business

Job description

WSP Africa is seeking a Market and Pricing Specialist (Liquefied Natural Gas) to provide independent commercial and market review across the LNG-to-burner value chain for a large-scale gas-to-power project. You will assess market fundamentals, pricing structures and contracting strategies to support informed decision-making.

The role requires 15+ years in gas markets or LNG, with experience in LNG sourcing, shipping, and regulatory considerations.