Insight

LNG contract trends

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What’s inside this report?

Our latest quarterly assessment of LNG contract and tender trends.

With each new report, you’ll get access to a full set of data files and a slide deck discussing the hottest trends.

Download the data files and perform your own analysis, using our interactive tools to filter and cut the data in multiple ways.

What key questions does this quarter’s report answer?

  • What is the appetite for additional Henry Hub indexation in Asia?
  • How will IMO regulations impact the relationship between Brent and JCC?
  • How do contracts support new pre-FID projects?

LNG contracting momentum has continued in 2024. Since the beginning of the year, 16.7 mmtpa (million metric tonnes per annum) of LNG SPAs (sales purchase agreements) have been signed. This follows over 86.5 mmtpa of new LNG SPAs and HOAs agreed upon last year.

Table of contents

    • Brent-linked deals
    • Qatar Equity Deals
    • North American deals
    • Moving forward
    • Long-term uncontracted price assumption
  • Our latest theme (Q3 2022)
  • Our previous theme (Q3 2020)

Tables and charts

This report includes 18 images and tables including:

  • Extract of the Theme slidepack
  • LNG contracts ACQ by destination (only LNG SPAs)
  • LNG contracts ACQ by destination (including LNG SPAs, options and HOAs)
  • ACQ of contracts by duration (SPA Only)
  • ACQ of contracts by destination (SPA Only)
  • ACQ of contracts by indexation (SPA Only)
  • ACQ of contracts by source (SPA Only)
  • Contract Pricing of volumes delivered to Asia vs Time
  • Average oil indexations in new contracts + US$0.50/mmbtu constant
  • Average oil indexations in new contracts in to Asia + US$0.50/mmbtu constant
  • US liquefaction fee ($/mmbtu)
  • ACQ of US LNG contracts by buyer type since January 2021
  • LNG contract ACQ by buyer type (since January 2021)
  • LNG contract ACQ by buyer type (since February 2022)
  • ACQ of US LNG contracts by liquefaction owner since January 2021
  • LNG contract ACQ by liquefaction owner (since January 2021)
  • LNG contract ACQ by liquefaction owner (since February 2022)

What's included

This report contains:

  • Document

    LNG contract trends

    PDF 1.44 MB