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LNG Briefs
Apr 27: 8‘Homeless’ LNG – fuel that had not been committed to an end-user – would remain an issue in coming years. Estimated homeless LNG could amount to nearly 100 mtpa in 2022 out of a total global supply of just over 350 mtpa.
8An increase in the number of short- and medium-term LNG contracts, combined with the decline in long-term deals, had shortened the average length of all sales-and-purchase agreements in the industry. Buyers were moving away from 16-20 year contracts in favour of deals with 6-10 and 11-15 year durations.
8Another presentation says that while LNG liquefaction utilization rates are going to move from this year on, it will remain below full capacity in 2021
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