Global LNG Hub
No Result
View All Result
  • Login
  • Premium Content
    • All
    • Asian LNG
    • Australian LNG
    • European LNG
    • FLNG
    • Global LNG
    • LNG Africa
    • LNG Bunkering
    • LNG Latin America
    • LNG North America
    • LNG Projects
    • LNG Trade and Pricing
    • Middle East LNG
    • Small Scale LNG
    • Others
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Asian LNG
    • Australian LNG
    • European LNG
    • FLNG
    • Global LNG
    • LNG Africa
    • LNG Bunkering
    • LNG Latin America
    • LNG North America
    • LNG Projects
    • LNG Trade and Pricing
    • Middle East LNG
    • Small Scale LNG
    • Others
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login
Global LNG Hub
Home LNG Contracts & Pricing

The value of global LNG doubled in 2022

Editor by Editor
1 month ago
min read1 min
The value of global LNG doubled in 2022
Share on FacebookShare on TwitterShare on Linkedin

The value of global LNG doubled in 2022, to a staggering $450 billion amidst the record high gas prices in Asia and Europe.

RELATED POSTS

Weekly trend of natural gas and LNG prices – February 06

Weekly trend of natural gas and LNG prices – February 06

1 day ago
LNG-prices

Weekly trend of natural gas and LNG prices – January 30

6 days ago
Natural gas prices down by over 40% across key gas markets

Natural gas prices down by over 40% across key gas markets

6 days ago

The LNG import bill of the key Asian markets rose rather moderately, by just over 50% compared to 2021.

The higher share of oil-indexed, long-term contracts alleviated some of the prevailing market volatility and reduced the impact of record high spot prices on actual import costs.

China’s LNG import bill is expected to increase by just 20%, as the country slashed its LNG imports by over 20% and reduced drastically its exposure to spot LNG.

In contrast, Europe’s LNG import bill more than tripled, with LNG inflow rising by 60% and import prices more than doubling.

While the flexibility of spot LNG has been instrumental to offset Russia’s gas supply cuts, it comes at a significant premium compared to long-term contract LNG supply, putting further pressure on European import bills and economies.

The value of global LNG rose by around $230 billion in just one year, translating into unprecedented windfall profits for oil&gas companies.

It is also an historic opportunity to use additional cashflow to boost investment into clean energy fuels and reduce the emission intensity of existing gas & LNG value chains.

What is your view? How will the value of LNG evolve in 2023?

Should Europe reduce its exposure to spot LNG? How will be the windfall profits used by the major portfolio players?

Source: Greg MOLNAR

Tags: gas price volatilityGlobal LNG tradeGreg MolnarJKM pricesLNG portfolio playersTTF prices
Editor

Editor

Related Posts

Weekly trend of natural gas and LNG prices – February 06
LNG Contracts & Pricing

Weekly trend of natural gas and LNG prices – February 06

1 day ago
LNG-prices
LNG Contracts & Pricing

Weekly trend of natural gas and LNG prices – January 30

6 days ago
Natural gas prices down by over 40% across key gas markets
LNG Contracts & Pricing

Natural gas prices down by over 40% across key gas markets

6 days ago
Spot LNG trade fell in 2022
LNG Contracts & Pricing

Spot LNG trade fell in 2022

2 weeks ago
Global gas price correlation remains strong
LNG Contracts & Pricing

Global gas price correlation remains strong

2 weeks ago
Henry hub prices slide below $3
LNG Contracts & Pricing

Henry hub prices slide below $3

2 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

Natural gas prices down by over 40% across key gas markets

Natural gas prices down by over 40% across key gas markets

6 days ago
LNG-prices

Weekly trend of natural gas and LNG prices – January 16

3 weeks ago
Global gas supply to tighten in 2023

Global gas supply to tighten in 2023

4 weeks ago
Load More

Recent Post

Weekly trend of natural gas and LNG prices – February 06

Weekly trend of natural gas and LNG prices – February 06

1 day ago
Feedgas flows to Freeport LNG surge ahead

Feedgas flows to Freeport LNG surge ahead

3 days ago
LNG-prices

Weekly trend of natural gas and LNG prices – January 30

6 days ago
Natural gas prices down by over 40% across key gas markets

Natural gas prices down by over 40% across key gas markets

6 days ago
Spot LNG trade fell in 2022

Spot LNG trade fell in 2022

2 weeks ago
Global gas price correlation remains strong

Global gas price correlation remains strong

2 weeks ago
Load More

Online platform for sharing analysis and information on Global and regional LNG markets. Weekly newsletter each Wednesday more info

Categories

  • Asian LNG
  • Australian LNG
  • European LNG
  • Global LNG
  • LNG Africa
  • LNG Bunkering
  • LNG Latin America
  • LNG North America
  • LNG Projects
  • LNG Trade and Pricing
  • Middle East LNG
  • Small Scale LNG
  • FLNG

Recent Posts

Weekly trend of natural gas and LNG prices – February 06

Feedgas flows to Freeport LNG surge ahead

Weekly trend of natural gas and LNG prices – January 30

Energise your Wednesday!

Sign up to receive our weekly newsletter with new LNG market reports, presentations & analysis. Every Wednesday!

By signing up, I agree to our TOS and Privacy Policy.

© 2020 GlobalLngHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Asian LNG
    • Australian LNG
    • European LNG
    • FLNG
    • Global LNG
    • LNG Africa
    • LNG Bunkering
    • LNG Latin America
    • LNG North America
    • LNG Projects
    • LNG Trade and Pricing
    • Middle East LNG
    • Small Scale LNG
    • Others
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login

© 2020 GlobalLngHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Energise Your Wednesday!

SIGN UP to receive our weekly newsletter with new LNG market reports, presentations & analysis. EVERY WEDNESDAY!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?