A new report from GlobalData, a data and analytics company, reveals that the US has signed five long-term contracts in 2019 for the export of 22.3 million tonnes per annum (mtpa) of LNG.
Titled, Global Long-Term LNG Contracts Review, 2019 – Golden Pass Signs High Volume Contract with Ocean LNG, the report highlights that the contract signed between Golden Pass Products and Ocean LNG Limited had the highest export volumes with 15.6mtpa.
“The other major long-term LNG contracts signed for export of LNG from the US include a contract signed between Driftwood LNG and Total Gas & Power North America for export of 2.5mtpa of LNG from 2023 and 2038,” said Sunrita Dutta, Oil and Gas Analyst at GlobalData.
Mozambique signed the second highest long-term LNG contract volumes in 2019 with 9.7mtpa. Mozambique LNG signed all the contracts for export of LNG with different purchaser companies.
“Canada and Papua New Guinea account for the remaining long-term LNG contract volumes signed for 2019. Both countries have signed contracts for export of 0.8mtpa of LNG, respectively.”