Data & analytics solutions

Insight 12 April 2024

Get this report

$1,050

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

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

- FAQs about online orders
- Find out more about subscriptions

Report summary

Our LNG in brief is a rolling coverage of events as they happen in global LNG markets covering the latest stories including contracts, upstream supply, regas, policy and trade. Also included is our latest LNG Big Chill podcast where we provide a more in depth discussion every month on the hottest LNG stories. The page can be bookmarked for quick access to the latest stories and also for links to our most recent informs and insights.

LNG landing pages
LNG trackers
Aramco in the running to buy international LNG-player as it pulls the plug on domestic rig contracts
Papua LNG FID delayed by rising costs
Texas LNG announces LNG offtake agreement with Gunvor
TotalEnergies acquires Eagle Ford Shale position for US LNG integration
- Latest insights and informs
ADNOC issues LNTP for Ruwais LNG
Vitol and EOG Resources announce long-term gas supply agreement indexed to Brent pricing
Congo FLNG delivers record first cargo in 14 months
Woodside and KOGAS sign LNG SPA
- FERC approves Driftwood LNG extension
FERC approves Mexico Pacific’s Saguaro Connector Pipeline
Alexandroupolis FSRU receives its commissioning cargo
EIG’s MidOcean to acquire a 20 percent stake in Peru LNG
Delfin LNG, Chesapeake Energy and Gunvor sign offtake agreement
No deal: Woodside and Santos end merger discussions
Tellurian to Sell Upstream Assets
Tellurian Hires Financial Advisor to Explore "Commercial Opportunities
ADNOC Gas signs long-term LNG SPA with GAIL
TotalEnergies advances its LNG bunkering plans in Oman
- Ksi Lisims LNG: Liard shuffle sees Chevron exit, Paramount Resources enter and Woodside remain
- Tyson Gervais and Thomas Macchetto, 24 January 2024
Proposed LNG Projects Wait as Biden Administration Wrestles with Climate and Fossil Fuel Policy
GAIL inks 10-year LNG SPA with Vitol
BlackRock to Acquire LNG Investor Global Infrastructure Partners
Force Majeure called at Arctic LNG-2
Glenfarne’s Texas LNG Announces LNG Tolling Agreement With EQT
Cedar LNG Awards EPC Contract for FLNG Unit
INPEX acquires additional interest in Ichthys
Ksi Lisims LNG Signs First Offtake Agreement
ADNOC and ENN sign first LNG sales agreement linked to Ruwais LNG
Santos Barossa drilling plan re-accepted
Woodside and Mexico Pacific Sign LNG Supply Agreement
Cheniere Signs Long-Term Integrated Production Marketing Agreement with ARC Resources and LNG Sales and Purchase Agreement with OMV
Delfin moves closer to FID with Gunvor SPA
Port Arthur Construction to Continue Despite Permit Loss
Israel gives go-ahead for Tamar to resume production
BP rethinks Mauritania-Senegal LNG in blow to Kosmos
BP exits Senegal's proposed Yakaar-Teranga FLNG project
Qatar signs second 27-year gas supply deal with Sinopec
Cheniere and Foran Energy Group Sign Long-Term LNG Sale and Purchase Agreement
Chesapeake Takes Additional Steps Along Its Be LNG Ready Path
Bangladesh approves LNG supply deal with US FSRU player Excelerate Energy
Oman LNG extends partnerships and agrees to a new supply pact
QatarEnergy signs 27-year LNG SPA with Eni
ADNOC Gas signs a new LNG supply agreement with JERA
QatarEnergy signs two 27-year LNG SPAs with Shell
QatarEnergy signs long-term LNG SPAs with TotalEnergies
Israel’s Energy Ministry orders shut down of Chevron’s Tamar gas field
ADNOC awards a US$400 million contract for Ruwais LNG
Saudi Aramco enters global LNG business by acquiring stake in MidOcean Energy
Marketing ramps up at Commonwealth LNG
Thailand’s emerging LNG buyers make progress
GATE announces positive FID on 4 bcma expansion
- Sabah Sarawak Gas Pipeline taps out
Eni agrees to sell its Nigerian onshore subsidiary to partner Oando
Kumul splits 5% purchase of PNG LNG from Santos
NWS partners exploring options for the shutdown of a train
ADNOC Gas signs LNG supply agreement with JAPEX
Energy Transfer attempts to revitalise Lake Charles LNG project
Mexico Pacific and ConocoPhillips agree 2.2 mmtpa LNG SPA
Arctic LNG-2 gets the Kremlin seal of approval.
NNPC Limited agrees to take equity in Nigeria’s FLNG project
India signed two long-term LNG heads of agreement (HOAs)
Dominion Energy sells remaining interest in Cove Point LNG
Plans for Mozambique’s Coral Norte FLNG submitted
Deutsche Regas sublets Transgas Power FSRU from the German Government
Panama Canal Authority tightens draft restrictions
New LNG project in Australia? Tamboran signs MOUs with BP and Shell
Cheniere and Equinor sign long-term LNG offtake agreement
QatarEnergy signs large long-term SPA including equity participation with CNPC
Bangladesh signs 0.25-1.50 mmtpa 10-year SPA with Oman
Pakistan signs a framework agreement with Azerbaijan
JX Nippon buys small stake in Papua LNG
Bangladesh signed a 1.5 mmtpa long-term SPA, with QatarEnergy Trading
Indonesia flip-flops on LNG export ban
Tanzania LNG progresses after HGA and PSA agreement
South Korea’s government expects mid-term LNG demand to shrink while Wood Mackenzie holds a more positive view
QatarEnergy awards main EPC contract and takes de-facto FID on North Field South
Hanseatic Energy Hub FID-ready after selling 80% of long-term regasification capacity
Fujairah LNG is moving to Ruwais
4.4 mmtpa LNG project planned in Nigeria
NOVATEK gets the green light to acquire Shell’s stake in Sakhalin-2
First Chinese company to enter giant North Field East
Reduced LNG prices have shortened the timeline for commissioning the LNG import terminals in Asia
EIG & Brookfield confirm Origin offer; ConocoPhillips joins party
Elbehafen LNG (Brunsbuettel) sends first gas to the German grid
- Development and operational basis
- Downstream constraints
Papua LNG enters integrated FEED: electric drive and smaller scale
Northwest Europe’s new regas capacity faces start-up slowdowns
Perenco sanctions small LNG project in Gabon
Many hurdles remain for Mozambique LNG
NWS backfill: Beach downgrades reserves at troubled Waitsia
German Deutsche Ostsee import terminal starts operations
Japan ends 2022 announcing over 3 mmtpa of new long-term LNG contracts
Record year of US contracting bows out with late flurry
- NextDecade takes binding sales from Rio Grande Phase 1 to 9.75 mmtpa
- Venture Global adds INPEX as a CP2 LNG customer
- Sempra Infrastructure converts another HOA into a binding agreement
European regas latest development
Australian offshore regulator revamps approvals
Piombino FSRU operator Snam draft capacity allocation rules
- Approval, operating timeline and local opposition
PETRONAS sanction Kasawari CCS to reduce MLNG emissions
German LNG terminal, Deutsche Ostsee, gets an exemption from the third-party access regulation
French Terminal Fos Cavaou capacity fully subscribed until 2030
Petronet approves plan for the 4 mmtpa Gopalpur terminal
QatarEnergy completes its North Field expansion line-up
Sempra Infrastructure agrees final EPC contract with Bechtel for Port Arthur LNG
Shell expands its Qatar LNG position
New Fortress Energy awards Master Service Agreement for its next Fast LNG units
Nigeria LNG declares Force Majeure
German LNG terminal closes capacity allocation procedure
PETRONAS calls FM on SSGP
LNG shipping rates sent skywards on reduced vessel availability
Australian CSG LNG projects sign HOA with government
Santos sells down stake in PNG LNG
TotalEnergies moves first to expand its LNG portfolio in Qatar
US LNG contracting momentum: more deals signed
Petronas and YPF sign deal to pursue integrated LNG project in Argentina
Germany to charter fifth FSRU at Wilhelmshaven
Energy Transfer signs LNG SPA with Shell for 2.1 mmtpa
Germany clarifies initial operating model for Brunsbuettel and Wilhelmshaven FSRUs
Engie to book the 1bcm remaining capacity at Eemshaven LNG terminal
TotalEnergies to build and operate Le Havre floating LNG terminal
Enbridge acquires 30% stake in Woodfibre LNG
Marketing continues for NextDecade’s Rio Grande LNG project
Angola’s New Gas Consortium takes FID on country’s first non-associated gas project
Cheniere and PTT sign long term LNG SPA
TotalEnergies progresses Papua LNG, withdraws from Myanmar
PetroChina signs LNG SPA with Cheniere
CPC’s Taichung LNG storage tank project starts construction
ConocoPhillips partners with Sempra on US LNG
Russia takes first step towards Sakhalin-2 expropriation
Shell and CEZ secure regas capacity EemsEnergyTerminal
ExxonMobil gets a share in Qatar’s giant North Field East LNG project
Eni and ConocoPhillips join TotalEnergies in Qatar’s giant North Field East LNG project
Longer-term Freeport LNG outages
Tanzania LNG breakthrough, but still a decade away at best
TotalEnergies awarded interest in a new joint venture alongside QatarEnergy
Momentum builds for Sempra Infrastructure’s Gulf Coast Projects
Indian buyers discuss the acquisition of Shell’s stake in the Sakhalin-2
World Gas Conference, Daegu ushers in a new wave of South Korean contract announcements
Venture Global continues marketing at Calcasieu Pass Phase 2 and Plaquemines LNG
Total records US$4.1 billion impairment largely due to Arctic LNG-2
QatarEnergy finalises contracts for 32 mmtpa North Field East expansion
INPEX aims for Ichthys expansion
Prelude restarts as Crux moves towards FID
Testing times ahead for SSGP
JERA sets up new Singapore company to negotiate more flexibility into long-term contracts
NextDecade signs offtake agreements with Chinese emerging buyers
Sinopec and PetroChina consider buying discounted spot cargoes from Russia
Gunvor and ENI renege on long-term contracts to Pakistan
Woodside turns-on Pluto-NWS interconnector
TotalEnergies and Sempra expand North American strategic alliance
Venture Global’s marketing focus moves to Calcasieu Pass Phase 2
Cheniere issues Limited Notice to Proceed at Corpus Christi Stage 3
Uniper expanding its available regas capacity in North-West Europe
Mubadala starts gas production from Malaysia’s Pegaga field
CPC’s third LNG terminal passes environmental impact assessment
Santos' Bayu-Undan CCS project enters FEED
ExxonMobil to exit Sakhalin-1 in Russia
New Fortess Energy sign HoA with ENI, as ENI revisit Fast LNG in Congo
Cheniere and EOG expand commercial ties
- The facts
- Our take
- Stage 3 moving forward
- Portfolio flexibility
PNG inks P’nyang gas agreement
Cheniere's Sabine Pass Train 6 enters commercial service
Shell’s Prelude expected offline until Q2
Fourth Australian LNG import terminal gets state approval
Abu Dhabi Investment Authority buys 10% interest in Sempra Infrastructure Partners
New Fortress Energy sign MoU with Mauritania for Fast LNG
US-China LNG deals continue: Venture Global signs two with CNOOC
Hot on the heels of Port Kembla: Viva LNG announces key deals
JERA buys into high emissions Barossa gas project
China signs up more Qatari LNG
- Qatar continues its strong run of marketing success
Atlantic LNG: Shell signs PSC contract for Manatee Development
Australian LNG imports move one step closer as AIE charters FSRU
Cheniere Marketing signs SPA with Foran for 0.3 mmtpa
- The facts
- Our take
EPFC contract awarded to McDermott International for Woodfibre LNG
- The facts
- Our take
Cheniere Marketing signs SPA with Sinochem for 1.8 mmtpa
- The facts
- Our take
Sabah government approves third FLNG vessel
EIG buys 10% of APLNG from Origin
Cheniere Marketing signs SPA with Glencore for 0.8 mmtpa
- Our take
ADNOC LNG looks toFujairahsite for newliquefactionfacility
Charter rates on the rise: Pacific basin charters trade at a premium
Woodside reserves take a hit at Wheatstone
Venture Global’s Plaquemines LNG signs SPAs with Sinopec for 4 mmtpa
Singapore terminal operator looks to import LNG to protect energy security
EG LNG to face disruptions until end-October
Cheniere and ENN sign 0.9 mmtpa SPA
Stonepeak to enter LNG shipping space with acquisition of Teekay LNG
Qatar Petroleum and CNOOC sign 3.5 mmtpa SPA
Beach Energy and BP agree LNG deal for Waitsia
Santos and Timor-Leste sign Bayu-Undan CCS MOU
PTTEP pushes Lang Lebah FID to 2023
EPC contract awarded for Baltic LNG
Excelerate Energy to lease Petrobras’ TRBA regas terminal
MLNG backfill: Shell FID’s Malaysian Timi field, including renewable power
P’nyang and PNG T3 negotiations restart
Northwest Europe LNG sendout falls below 5 year average
PETRONAS pushes third FLNG vessel towards FEED
Abadi FID delayed further- can Southeast Asia’s vital pre-FID projects be developed?
At last: more gas for GoFLNG as Perenco commits to new wells
Japan's new 2030 energy mix unveils radical plans to transform the energy system
Shell adds LNG shipping capacity with six newbuild charters
TotalEnergies signs US$750m GLNG infrastructure agreement with GIP
Chinese LNG imports: LNG contracting heats up as spot purchases slow down
Hybrid Brent and AECO LNG supply agreement signed by PETRONAS and CNOOC
Sempra 2021 strategy update: large single-train expansion planned at Cameron LNG
US$4 billion Jansz-Io compression project gets the green light
Rovuma LNG: unlikely to FID before 2026
Kuwait’s Al-Zour terminal seeks commissioning cargo
Tellurian signs SPA for 3 mmtpa with Vitol
Total and ArcelorMittal Nippon Steel India sign flexible LNG Supply deal
Australian spot cargoes rumoured to be impacted by rising political tensions
Woodfibre LNG signs second SPA with BP
Russian NOVATEK announces Q1 2021 results
Replacement FSRU arrives at the Dortyol LNG Terminal
Total declares force majeure on Mozambique LNG project
Merakes makes waves in the Kutei Basin
The Australian government gives CCUS a cash injection
SK408 partners sanction Jerun project
Argentina chartered its second FSRU for Bahia Blanca
Qatar Petroleum to take on 100% ownership of QatarGas-1 in 2022
Victorian Government rejects proposed Crib Point import terminal
Total suspends construction once more at Mozambique LNG
Chinese buyers return to long-term contracting
NextDecade reveals cost estimates for proposed CCS project at Rio Grande LNG
New Fortress Energy takes FID on Fast LNG
Argentina's IEASA races to secure cargoes for the April-August period.
Macquarie Capital launches LNG infrastructure vehicle
Shenergy signs a 15-year SPA with NOVATEK from Arctic LNG-2
LNG Stade announce successful non-binding open season
Qatar Petroleum signs long-term LNG deal with Vitol for supplies in Bangladesh
Woodside and Santos look towards FID’s in 2021
Fluxys sanction 6 mmtpa capacity expansion at Zeebrugge terminal
PETRONAS FLNG DUA achieves first LNG production
Qatar Petroleum sanctions largest LNG project in history
Equinor takes impairment close to $1 billion on Tanzania LNG
Pipeline attacks in Nigeria highlight increased security risks in 2021
Croatia become Europe’s latest LNG importer with the arrival of first LNG carrier

Tables and charts

This report includes 75 images and tables including:

Woodside Energy LNG contracts
Wood Mackenzie’s forecast for LNG Output of Golden Pass LNG
Delfin FLNG contracts vs capacity

Breakdown of pipeline imports in Egypt
Yakaar-Teranga location
Bangladesh’s contracted vs. uncontracted LNG demand
Oman Sales Gas Supply
OLNG Historical Output
Thailand’s gas supply and demand balance
GATE capacity by company
Oando post-deal metrics
Map of Eni and Oando licences
ConocoPhillips LNG Supply by Supply Country
OML 104 map
India's contracted volumes vs LNG demand
Mozambique's LNG output
US LNG cargoes via Panama Canal
Cheniere liquefaction capacity versus contracted sales
Bangladesh's Contracted vs. Uncontracted LNG demand
Papua LNG
PNG LNG
Bangladesh's Contracted vs. Uncontracted LNG demand
Indonesia LNG demand, LNG Supply and LNG contracts
15th Natural Gas Plan LNG demand forecast (mmtpa)
LNG demand growth in the 15th Natural Gas Plan and the 14th Natural Gas Plan
LNG demand forecasts by the 15th Natural Gas Plan and Wood Mackenzie
Qatar's total LNG capacity in 2030
Perenco Gabon LNG proposed location and feedgas fields
LNG Contract Annual Contracted Quantity by US Liquefaction Owner
Global largest new CCS projects by capacity
Net working interest LNG production capacity
Uplift to 2030 LNG capacity from the North Field expansion
Nigeria's upstream fields and pipeline infrastructure
Contracted volumes vs Woodmac estimated Effective Capacity at Rio Grande LNG Phase 1
Angola LNG feedgas
Thailand’s long term LNG contracts vs our SPO forecasted Thailand LNG demand
Cheniere contracted volumes vs sanctioned capacity
CNPC-PetroChina's LNG SPAs , by signing year
CNPC-PetroChina's contracted LNG (SPAs)
CPC’s Taichung terminal expansion plan
NFE commercial structure
PGNiG contracted LNG volumes vs our forecasted Polish LNG Demand
India's LNG import per year by supply countries
South Korea contract volume by sign year and buyer type
Design capacity at FID of largest LNG project sanctions (year sanctioned)
JERA 2022 long-term contracted volume by SPA sign date
Contracting Status of Pre-FID US Capacity
Gate's capacity
SK320 and Pegaga field
Taiwan LNG import terminals
Barossa project CO2 emissions without CCS
Prelude quarterly LNG output annualised
Santos Barossa capital expenditure profile
Manatee field location
PFLNG location
EG LNG quarterly output
Teekay LNG charter obligations by shipping capacity
P’nyang Area
Northwest Europe daily LNG sendout
Charter agreements for newbuild LNG vessels by company
Kuwait gas infrastructure map
Cargoes to China diverted since 10 May 2021
Argentina’s LNG demand forecast in 2021 by terminal
JV contract expiry dates and current partner involvement at QatarGas trains (shows QP portfolio if no contracts renewed)
Australian proposed regas terminals
Comparison of Rio Grande LNG CCS costs*
Argentina’s LNG Imports forecast vs. IEASA's first LNG tender
Regas capacity holders at the Krk LNG terminal
SSGP throughput (historic and future planned)
Germany regas capacity build-up
Italy regas capacity ramp up