Q2 2018 Long-Term LNG Contracts Review - US Signs the Biggest LNG Contract

Q2 2018 Long-Term LNG Contracts Review - US Signs the Biggest LNG Contract

Summary

In Q2 2018, the biggest new long-term LNG contract was signed between Venture Global LNG and BP plc on May 21, 2018. According to the contract, Venture Global LNG will supply 2 mtpa of LNG for a period of 20 years, from 2022 to 2042. Two contracts were signed between Polish Oil and Gas Company and Venture Global LNG for supply of 2 mtpa of LNG to Poland from the US for 20 years, starting from 2022 and 2023. Portugal will also import 1 mtpa of LNG from the US for 20 years from 2022 to 2042. Bangladesh will import 1 mtpa of LNG from Oman for a period of 10 years from 2018 to 2028.

Scope

• Details of long-term LNG contracts signed in Q2 2018 by country and company


• Comparison of LNG contracted capacity and share by importing countries between Q2 2018 and Q1 2018


• Comparison of LNG contracted capacity, and share by key seller and purchaser companies between Q2 2018 and Q1 2018


• Count of contracts and contracted capacity signed by key purchaser companies during 2016 to 2018.

Reasons to Buy

• Obtain information available on the long-term LNG contracts globally for Q2 2018 and Q1 2018


• Identify countries and companies involved in signing of long-term LNG contracts for both the quarters


• Facilitate decision making on the basis of long-term LNG contracts data


• Keep abreast of recent long-term LNG contracts signed globally.