Insight

LNG Corporate Service: 2018 in review

Get this report

$1,050

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

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

- FAQ's about online orders
- Find out more about subscriptions

09 January 2019

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:

  • Document

    LNG Corporate 2018 in review.pdf

    PDF 3.13 MB

Trusted by leading organisations