Name: LNG: 2021 in review
Brand: Wood Mackenzie
SKU: 140453
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Author: Wood Mackenzie

Insight 21 January 2022

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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Following the oversupply and price collapse in 2020, the global LNG market took a 180-degree turn in 2021. Global supply was no match for the strength of global demand, contributing to the largest sustained upward LNG price rally ever witnessed, shattering all previous price records. Europe got dangerously short of gas, while China and others raced to secure long term contracted supply. QatarEnergy was the top seller, contracting a monster 205 million tonnes over contract life. China overtook Japan as the world’s largest LNG import market and the United States outpaced the rest of the world in supply growth. For analysis of all the year’s key LNG market developments, check out our 2021: LNG in Review, with contributions from across our Short-Term Analytics, Europe Gas and Global LNG research teams.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

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            Executive summary
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        <ul id="458ba91b-6ace-4a08-bd18-7482b6122b9c" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Global LNG trade and price dynamics
    </li>
    <li class="push-quarter--bottom">
        Prices
    </li>
    <li class="push-quarter--bottom">
        LNG supply
    </li>
    <li class="push-quarter--bottom">
        LNG demand
    </li>
    <li class="push-quarter--bottom">
        LNG in Europe
    </li>
    <li class="push-quarter--bottom">
        Shipping rates
    </li>
    <li class="push-quarter--bottom">
        New global LNG supply capacity
    </li>
    <li class="push-quarter--bottom">
        LNG Contracting
    </li>

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<h3 class="alpha push-half--bottom">Tables and charts</h3>

<p class="push-half--bottom">This report includes the following images and tables:</p>

<ul class="list list--bullets">
         <li class="list__item push-quarter--bottom">LNG and gas prices *</li><li class="list__item push-quarter--bottom">LNG supply growth in 2021</li><li class="list__item push-quarter--bottom">LNG import growth in 2021</li>
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            <li class="list__item push-quarter--bottom">Top 10 LNG importing countries 2021</li><li class="list__item push-quarter--bottom">Europe LNG imports</li><li class="list__item push-quarter--bottom">LNG spot/short-term charter-rates</li><li class="list__item push-quarter--bottom">Path utilization</li><li class="list__item push-quarter--bottom">Capacity of LNG projects taking Final Investment Decision</li><li class="list__item push-quarter--bottom">ACQ of contracts by pricing indexation (mmtpa)</li><li class="list__item push-quarter--bottom">ACQ of contracts by delivery region (mmtpa)</li><li class="list__item push-quarter--bottom">Commissioned in 2021</li><li class="list__item push-quarter--bottom">LNG ship orders and deliveries</li>
        </ul>
        
    </div>

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<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Lng Year In Review 2021 Data.xlsx</p>
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<p class="font-regular" >LNG: 2021 in review</p>
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