What the OPEC deal means for LNG
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
-
Executive Summary
- OPEC deal set to tighten the oil market
- Oil indexation remains the dominant feature of the current LNG market
- Asian LNG prices react more to oil price movements than those in Europe
- Asian premium increases as oil prices rise
- Higher oil could improve prospects for US LNG
- The influence of oil on LNG prices will weaken
Tables and charts
This report includes the following images and tables:
- Global Contracted LNG supply by price indexation
- Indicative relationship between oil and LNG pricing
- Global Contracted LNG supply by indexation
- Regional breakdown of indexation in 2017
- Japan LNG import prices vs Brent
- South Korea LNG import prices vs Brent
- Spain LNG import prices vs Brent
- NW Europe LNG import prices vs NBP
- LNG Import prices in Japan, South Korea, NW Europe and Spain
- Appendix: Growth in global spot/short-term LNG trade
What's included
This report contains:
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