From Friday, September 22nd at 4 PM ET until Monday, September 25th, Wood Mackenzie will be experiencing a planned internal system migration. If you need any support during this time, don't hesitate to contact our customer support team using the Webchat below.

Insight

LNG contract trends

This report is currently unavailable

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

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 2023, with around 49 mmtpa (million metric tonnes per annum) of LNG SPAs (sales purchase agreements) signed since the beginning of the year. A further 16 mmtpa HOAs (head of agreements) have been signed. This follows 83 mmtpa of new LNG SPAs and HOAs signed last year. Recently, we are seeing a renewed momentum of Brent-linked contracting. 35 Brent-linked contracts have been signed since November last year, with large volumes from both Oman and Qatar.

Table of contents

Tables and charts

This report includes 18 images and tables including:

  • Extract of the Theme slidepack
  • Recent contracts
  • LNG contracts ACQ by destination (including only SPAs)
  • LNG contracts ACQ by destination (including SPAs 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)
  • 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
  • Total ACQ of US LNG contracts by buyer type since January 2021
  • Total ACQ of US LNG contracts by buyer type since February 2022
  • ACQ of US LNG contracts by liquefaction owner since January 2021
  • Total ACQ of US LNG contracts by liquefaction owner since January 2021
  • Total ACQ of US LNG contracts by liquefaction owner since February 2022

What's included

This report contains:

  • Document

    LNG contract trends

    PDF 1.62 MB