global-hydrogen-hub global-hydrogen-hub global-hydrogen-hub
Global LNG Hub Logo
No Result
View All Result
  • Login
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Global LNG Hub
No Result
View All Result
Home LNG Contracts & Pricing

The value of global LNG doubled in 2022

Editor by Editor
3 years ago
Reading Time: 1 min read
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

LNG-prices

Weekly review of natural gas and LNG prices

21 minutes ago
LNG-prices

Weekly review of natural gas and LNG prices

7 days ago
LNG-Prices

Weekly review of natural gas and LNG prices

2 weeks 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

LNG-prices
LNG Contracts & Pricing

Weekly review of natural gas and LNG prices

21 minutes ago
LNG-prices
LNG Contracts & Pricing

Weekly review of natural gas and LNG prices

7 days ago
LNG-Prices
LNG Contracts & Pricing

Weekly review of natural gas and LNG prices

2 weeks ago
TTF-JKM-correlation
LNG Contracts & Pricing

TTF-JKM correlation hit record levels in the first half of 2025

2 weeks ago
Plaquemines LNG
LNG Contracts & Pricing

European LNG imports surge by a staggering 40%

3 weeks ago
LNG-prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

3 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

LNG-prices

Weekly review of natural gas and LNG prices

June 25, 2025
TTF-JKM-correlation

TTF-JKM correlation hit record levels in the first half of 2025

July 9, 2025
natural-gas-prices

Middle East crisis fuelled strong price volatility across Asian and European markets

July 1, 2025

Recent Post

LNG-prices

Weekly review of natural gas and LNG prices

July 23, 2025
Cheniere-LNG

Cheniere kicks off Corpus Christi Stage-4 expansion

July 23, 2025
LNG-prices

Weekly review of natural gas and LNG prices

July 16, 2025
global-LNG-supply-growth

Global LNG supply growth is set to accelerate in 2026

July 16, 2025
LNG-shipping

LNG shipping rates remain elevated despite the recent de-escalation of tensions in Iran

July 10, 2025
LNG-Prices

Weekly review of natural gas and LNG prices

July 9, 2025
LNG-HUB-Logo

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 review of natural gas and LNG prices

Cheniere kicks off Corpus Christi Stage-4 expansion

Weekly review of natural gas and LNG prices

Energise your Wednesday!

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

Your subscription could not be saved. Please try again.
Your subscription has been successful.

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

© 2020 GlobalLngHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 GlobalLngHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.