Insight
LNG Corporate Service: 2018 in review
Report summary
The mood in the LNG market has improved markedly through 2018. This new-found aplomb has translated into a buying spree. Majors project sellers like Cheniere and Qatargas have completed sales to the big Asian utilities, which came back to the market in a big way. But portfolio players such as BP and Shell have been going long supply, with few deals done out of portfolio. Traders have also pursued a similar strategy, continuing to build their footprint with additional long-term offtake. Only three new projects were sanctioned in 2018, but companies have made progress on many more. Over half of contracted volumes in 2018 are tied to pre-FID projects, setting strong foundations for a big 2019. Oil-indexed deals have continued to attract buyers in Asia but popularity has shifted back to Henry Hub indexed deals too. Competition in the US has pushed Henry Hub indexed contract prices down, but oil contract slopes have edged upwards.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Corporate CCUS benchmarking 2024
Which oil and gas companies are embracing CCUS as part of their energy transition strategy?
$1,350
Asset Report
Wingellina - Cobalt project
A detailed analysis of the Wingellina nickel project.
$2,250
Asset Report
NiWest - Cobalt project
A detailed analysis of the NiWest Laterite nickel project.
$2,250