LNG: 2022 in review
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- 2022 was a year that changed LNG markets forever
- Asia LNG demand: price sensitive buyers reduce purchases
-
LNG prices hit record highs in 2022
- Pinch point: constraints in the European gas network
- Europe’s increased appetite for LNG impacts Asia
-
Annual LNG supply growth was limited
- Over 40% of Europe's total LNG was imported from the US
-
85 Mt of new LNG contracts were signed
- US LNG momentum
- Portfolio players and traders dominate the market
- Energy security of supply vs. energy transition objectives
- Inflation and supply chain issues are hitting LNG projects
- Long-term costs
-
LNG charter rate roller-coaster
- Ultra-quick commissioning of new capacity
- Uncertain operational model and allocation procedures
- Europe has pulled FSRUs away from Asia
- Corporate strategies diverged
Tables and charts
This report includes the following images and tables:
- Historic LNG and gas prices: 2020 - 2022
- Global LNG imports by region - 2021 vs. 2022
- European LNG imports by month - 2021 vs. 2022
- Asian LNG imports year-on-year change by market
- Global LNG exports year-on-year change by region
- European LNG imports by source market
- Historic orders for LNG carriers by shipyard location
- Orderbook annual delivery profile by shipyard
- US LNG cargoes transiting the Panama Canal by month - 2022 vs. 2021
- Historic spot LNG charter rates
- New regas capacity in Northern Europe (mmtpa)
- Regas projects commissioned in 2022
- 1 more item(s)...
What's included
This report contains:
Other reports you may be interested in
PETRONAS FLNG 2 - commercial overview
The SB H block in deepwater Sabah contains four gas fields that will be developed as part of the first phase of a Floating LNG (FLNG) ...
$2,700PETRONAS FLNG 1 - Commercial overview
PFLNG 1 was the first floating facility in Malaysia, initially moored 180 kilometres offshore Sarawak and received gas from the Kanowit ...
$2,700ZLNG (Petronas FLNG 3) - Commercial Overview
Petronas FLNG 3, or ZLNG, is an under-construction floating facility in the Sabah region. It would be Petronas's third offshore ...
$2,700