全球液化天然氣行業(yè)年度報(bào)告

eLNGindustryGIIGNLnnualrt PofilePfileLisanon-ptneeisopethedelopmentfactivitieselatedo:pu,importing,p,tansportation,handling,egasificationanditsariousThepsamreeinformationandexperienceamongits84sinderoenhancethesaet,eliabilit,efficiencyandsustainabilityfGimportactivitiesandinparticula,theationfGimportterminals.?GIIGNL-InternationalGroupofLiquefiedNaturalGasImportersAlldataandmapsprovidedinthispublicationareforinformationpurposesandshallbetreatedasindicativeonl.Undernocircumstancesshalltheyberegardedasdataormapsintendedforcommercialuse.Reproductionofthecontentsofpublicationinanymannerwhatsoeverisprohibitedwithoutpriorconsentofthecopyrightowners.

ehoklrrrnoetdglsrsdez–eyai–eyhn–rs–tu–ysoa–asee–ls–rn–eysu–eyyr–rss–hsn–hns–sy–yyia–otn–ig–EdiorialneinnrIn2021,naturalgasmarketswerecharacterizedbypersistentsupplyconstraintsandfastrecoveringdemand,whichputstrongupwardpressureonLNGpricesandhighlightedtheinterdependenceandvulnerabilityofenergysupplychains.TheloomingpricevolatilityhasbeenexacerbatedinFebruary2022bytheRussia-Ukraineconflict,andthecurrentEuropeanenergycrisisprovestobeastarkreminderofLNGsvitalroleinensuringenergysecurityandeconomicstabilit.Governmentsandpublicinstitu-tionsarebecomingincreasinglyinvolvedintheLNGbusiness,andwewillmonitortheconsequencesofthisparadigmshiftoverthecourseofthecomingDuring2021,LNGimportsreturnedtorobustgrowth,reaching372.3M,a4.5%increaseover2020.AsiaremainedthemaindemandcenterforLNG,growingby7.1%.StrongeconomicrecoveryinChina,risingnaturalgasdemandforpowergenerationinSouthKorea,lowerthanexpectedpipelinegassuppliestoEuropeandreducedavailabilityofhydropowerinBrazilcontributedtothesignificantincreaseinglobalLNGdemand.ChinaovertookJapanastheworldstopLNGimportingcountr,recordinga15%annualgrowth.Onthesupplyside,theUnitedStatesadded22.3MTofnewvolumestothemarket,recordinga49.8%riseinexportsandbecomingEuropeslea-dingLNGsupplie.With68newvesselsdeliveredduringtheyea,theLNGshippingfleetreached700vessels,including48FSRUsand31LNGbunkeringvessels,represen-tinga9%increaseincargocapacit.Freightratesremainedverystrongthroughouttheyearandtheo-derbookatyearendwasremarkablyhigh,with196unitstobedeliveredby2025.

Globalregasificationcapacityroseby46MTAlastyea,reaching993MTA.Fournewlarge-scalete-minalswerebroughtinoperationinBrazil,Croatia,IndonesiaandKuwait.Fiveexpansionprogramswerecompleted,fourofwhichinChinaandoneinJapan.Croatiabecamethe44thLNGimportingmarket,whileatleast6newmarketscouldstartimportingin2022,inElSalvado,Ghana,HongKong,Philippines,Sene-galandVietnam.Inthemeantime,LNGproductionhasbeenstrug-glingtokeeppacewithdemand,whichsentspotLNGpricesupwards.While7.4MTAofnewca-pacitycameonstream,5MTAofwhichintheUnitedStates,globalLNGexportswereaffectedbyunscheduledmaintenanceandshortfallsinfeedgas.IncreasedoutputfromtheUS,Egypt,MalaysiaandRussiawaspartlyoffsetbylowerexportsfromAngo-la,Indonesia,Nigeria,Norwa,Peruandrinidad.In2021,onlytwoFIDsweretaken,theNorthFieldEastexpansionprojectinQata,whichwilladd33MTAofliquefactioncapacityfrom2025,andPlutoLNGrain2inAustralia,for5MTA.By2025,morethan120MTAofnewliquefactioncapacityareplannedtoprogressivelycomeonline,whichshouldpartlyre-lievetensionsintheLNGmarket.Inanenvironmentmarkedbygeopoliticaltensions,risksofenergyshortagesandpricevolatilit,lastyearsawastrongreturnoflong-termcontracts.Asianbuyers,notablyChineseNOCsandindependentim-portersplayedaleadingroleinsecuringnewtermpurchasesfromtheUS,QatarandRussia.Inthefuture,themuch-neededsubstitutionofcoalandpollutingliquidfuelsaswellasthegeographi-calmismatchbetweennaturalgasproductionand

consumptionregionswillgeneratesignificantaddi-tionalLNGdemand.Whilemanyeconomiesintheworldarefacingrisingenergybillsandenergysupplysecurityissues,LNGhasclearpotentialtosupporteconomicgrowthandtheachievementofnetzerocarbonambitions,providedthatadditionalinvest-mentsinallstagesofthenaturalgasandLNGsupplychainsaremadetomeetexpecteddemandgrowth.TheLNGindustryisalsocontinuingitseffortstore-ducethecarbonfootprintoftheLNGsupplychainanddrivetransparencyongreenhousegasemissions,in-cludingmethane.Inthisregard,GIIGNLpublishedin2021thefirstholisticframeworktomonito,report,verifyandoffsetGHGemissionsfromLNGcargoes.Inanenvironmentdominatedbyenergysecurityissuesanddecarbonizationcommitments,LNGisaproven,cleanandflexiblesolution,whichisuniquelyplacedtomeetsustainabilitychallengeswhileen-hancingcompetitivenessandenergyresilience.AstheInternationalAssociationofLNGImporters,GIIGNLremainscommittedtopromotedialogueandshareexperiencetoensureastable,flexible,affo-dableandsustainableaccesstoLNGimportsforthebenefitofall.nGIIGNLnnualReport2022Edition-3yes2021y3d.1Tn

7growthvs.20207exportingcountries

importingmarkets

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ofglobalLNGdemandinofglobalLNGsuppliedfromthePacificBasin

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y 4Gen 6sdn 8mdmsnen G Grsn ns n lGn dG t sdrsfanf4srLlrt2022n-5LNGadeinIn201,lGimportseached372.3millionsT),inceasingy16.2Ththepsea.Thepost-locdownseconomicrddsesultedinasueinGports,althhtheghate(+4.5%)emainedmpe-pandemiclels.eceryhasnenacegions,haecodingthehighestgwth–ledyherkJapanasthesleadigGimporter–eestruggledoattactGsthtttheea.Cajoinedtheankfimporters.44etsrG,m19exrting

USLNGgowthoutpacesglobalLNGgowthIn2021,incrementalLNGsupplyfromtheStates(+22.3MT)accountedformorethanthetalglobalincrementalsupply(+16.2MT).fromtheUnitedStatesgrewby49.8%,thankstotheramp-upoffivelargeliquefactionprojectssionedin2020(CameronLNGrains2and3,ChristiLNGrain3,FreeportLNGrains2and3)aswellastothecommissioningofSabinePassrain6in2021.Newsupplywasalsoadded,buttoamuchlesserextent,byEgypt(+5.2MT),Algeria(+1.2Malaysia(+1.1MT)andAustralia(+0.8MT).SabinePassrain6,othersupplyadditionsin2021includedamalrain4,PFLNGDuainMalaysiaandtherestartofoperationsofDamiettainEgypt.etsnGsedya1)eoe,do9)eokfsdy9)eosnetfsttrelthdTheAtlanticBasinandtheMiddleEastgrowthin2021,adding+17.9MTand+0.6respectivel.Similarlyto2020,thePacificcontinuedtoshowadeclineinLNGexportsin(-2.3MT).ThePacificBasinremainsthesourceofLNGsuppliestotheglobalmarket143.9MTor38.6%,closelyfollowedbytheAtlanticBasinwith135.2MTora36.3%marketshare,andtheMiddleEastwith93.2M,a25%marketSupplyfromtheMiddleEastincreasedfrom92.6MTto93.2M,a+0.6%increase.AsproductionfromtheUScontinuestoincrease,gapbetweensupplyfromthePacificBasinandthelanticBasinhassubstantiallynarrowedfrom28.8in2020toonly8.6MTin2021.

AmongLNGsupplyingcountries,AustraliaandQatararestillleadingthepack,with78.5MTand77MTrespectivel.Third,theUnitedStatessupplied67MTofLNGin2021andcouldbecometheworldsleadingLNGsupplierin2022.TheRussianFederationcamefourthwith29.6M,followedbyMalaysiawith25Australia,Qata,andtheUnitedStatesaccountedto-getherfor59.8%ofglobalLNGsuppl.ndemandgowtheceedsglobalLNGygowthAsiacontinuestobetheleadingimportingregionwitha73.2%shareofglobalLNGimports,upfrom71.4%in2020.AsianLNGimportsgrewby7.1%in2021,reaching272.5M.ImportsroseinallAsiancountriesexceptIndia,Japan,MalaysiaandSingapore.IndiaexperiencedthegreatestdecreaseinLNGimports(-2.6MTor-9.8%)duetothehighspotLNGpricesandtotheincreaseindomesticgasproduction,whichledIndiangasconsumerstoimportlessLNGthroughthefirstthreequartersoftheyea.Thishadano-tableimpactinspotimportswhichrecordedasteadydeclinefromMarch2021onwards.ChinaovertookJapanasfirstLNGimporterThecountryexperiencedtheworldshighestgrowthrateintermsofimportedvolumesi.e.+10.4MTor+15%,totaling79.3MTatyea-end.Recordweredrivenbytherobusteconomicrecoveryasasthegrowthingasforpowergenerationandcoalgasswitching.Inordertoavoidthesituationofter2020/2021,ChinesebuyersprocuredLNGofthewinterseasontocomplywithstoragementsandanticipatehighdemand.LNGimportsintoJapanremainedrelativelyrecordingaslightdeclineof0.1MTor-0.1%.Thedeclinecanbeexplainedbythecontinuationofrestrictionsthroughoutmostof2021,whichincludedrestrictionsoncommercialactivities,aswellasadecreaseingas-firedpowergenerationtothebenefitofnucleargeneration.IncreaseinChineseLNGofUSvolumesdeliveredtoAsia,32%to18%toAmericas,1%totheMiddleEast

ofglobalLNGimportedfromtheUS.

imports,comparedwith+12%inSouthKoreaexperiencedastronggrowthinLNGports(+6.1MTor+15%),notablyduetoagreatergasdemandforthepowersectorandforconsumption.Thedemandgrowthwasbythecoldweatherandtherecoveryfromthepan-demic.Maintenanceinnucleargenerationandimplementationofsustainablegovernmentalwhichresultedinadeclineincoalconsumptioncontributedtogasdemandgrowth.OtherAsiancountrieshavealsoseenincreasesintheirLNGconsumption:inaiwan,im-portsgrewby9.5%(+1.7MT)duetoanincreaseingas-firedpowergenerationfollowingtheplannedoutagesofhydro,coalandnuclearplants.OtherAsiancountrieswhichincreasedtheirLNGimportsin2021are:Thailand(+0.9MT),Bangladesh(+0.9Pakistan(+0.8MT),andIndonesia(+0.6MT),mostlyduetothedeclineofdomesticgasproductionandtopost-Covidrecover.opeincompetitionwithandLatinmericaConstrainedbydwindlingdomesticgashighdemandduetolowertemperatures,alonglowerthanexpectedadditionalpipelinedeliveriesfromRussiawhichbroughtstoragelevelstolows,EuropesufferedanunusualsituationinwhenhighJKM/TTFpricedifferentialmadeflexibleLNGvolumesgopreferablytoAsiainsteadofEuropethroughoutmostoftheyea.Thissituationworseneduntilthelastquarterof2021andEuropesdifficultytofillinitsundergroundstoragesforceddemandtoadjustthroughareductioninindustrialandgas-to-coalswitching.Overall,EuropesnetLNGimportsdecreasedby8%in2021totaling75.1adecreaseof6.5MTcomparedto2020.TheUnitedKingdom(-2.4MTor-17.8%)andItaly(-2.2MT-24.1%)recordedthelargestdeclines,whereastiaimportedLNGforthefirsttime(1.2MT).

soenndy8,g8Tn.ndetp%r3,srysgsdsgtnG.rsne-nngtsedsh5Tr%dh3Tr.etdn–ytnrn–dyoecnotdonenGsgeforstedtfBrazilrecordedthehighestincreaseintheregionbothintermsofvolumesandpercentage(+4.6MTor+193%),amountingtoatotalof7MTofimported.ThecountrybecametheleadingimporterinSouthAmerica,followedbyChile(3.1MT)andArgentina(2.5MT).ThelatterexperiencedagrowthinLNGimports(+1.2MTor85%)duetoimportsfromBoliviaandlowerdomesticOtherCaribbeanislandslikePuertoRico(+0.6or+62.8%)ortheDominicanRepublic(+0.3MTor+26.1%),havealsoexperiencedlargeincreasesLNGimports,duetoanincreaseintheuseofnaturalgasforpowergeneration,asanalternativetopollutingliquidfuels.IntheMiddleEast,LNGimportsslightlycomparedto2020(-0.2MT).IsraelandtheexperienceddeclinesintheirLNGimports,Jordandidnotimportanycargoin2021.Kuwaitsawthegreatestincrease,+1.3MTor+31.3%,withtheAl-ZourLNGterminalbecomingoperationalin2021.tandrtmimporsessuedyhtsinaandopen,tdms3T2Tr%dhe.sed%fldh%n.htGs

adedoanttotG.ssytneesea1TheUnitedStatesconsolidateditspositionasthedingexporterofspotandshort-termLNG,foralmostonethird(32.2%)ofthevolumes,followedbyAustraliawitha18.7%marketshare.therestartofexportsfromDamietta,Egyptwasasignificantproviderofspotandshort-termduringtheyear(+4MT).Onthecontrar,(-7.1MT)andrinidadandobago(-3.2MT)substantialdeclines.“rue”spotvolumes(i.e.,volumesdeliveredthreemonthsfromthetransactiondate)reachedoftotalimportsin2021or116M,comparedwith35%oftotalimportsin2020(125MT).In2021,re-exportsofLNGincreasedto3.5MTcomparedwith2.6MTin2020.In2021,14coun-triesre-exportedLNGand26countriesreceivedre-exportedvolumes.Europe–ledbySpain,whichwasthelargestre-exporter(1MT),followedbyFrance(0.7MT)andtheNetherlands(0.6MT)–accountedfor67%ofthere-exportedvolumes(2.3MT).Asia,drivenbyIndia,ChinaandBangladesh,wasthemaindestinationforthereloadedvolumesfromEurope.ofvolumesimportedonaspotshort-termbasis.ofvolumesimportedonaspotbasis.ONG&MEDIUMTONG&MEDIUMTERMCONTRACTS>4YEARS)rytrytPruPrnS oydGggGPro CerS oydGggGPro nyeG cyPsnro o5S y5Tr5ml2ohnro ny6e CS rgnery2orwrsyro wsyksy:oS dGhwrsyro wsy5sy:oS dGhewrsyro wsysy:oS dGhyao,tsysrryS teryrygy1S dogdsIry1ry2S tryrynnT1S donryne3hry2S mry5oryS mry2ocG2cG2B BBcG2cG2B BBcG2cG2ncB BBcG2cG2B BBcG2cG2B BBcG2ykrlrC5GdsnnrnygnysryS my1oysrrln5S mry2otry ttry tryt d&o tranpAhS mQgnlGdmcGdods nyS trydus edsi B tldsi ty;leB An,hs8Adsi B dnrdd3ddG 3ddG 3ds seB thlsse1ds seU thlsse1ds e2ds ed/e,si erNB my2oeero 7ssSHOSHORTTERMCONTRACTS≤4YEARS)mr1oEro oyy2S .dnartdoyyd&Pryy3B mr1odus e,ryf13B th3rPndus e3MMEMORANDUMSOFUNDERSANDINGds h hG tldg 1 0 hd,

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VERAGEDURTIONOFLONG&MEDIUMTERMCONTRACTS4ars6ars04ars6ars0ars7ars5ars9ars4ars4ars1ars5ars7ars9ars9ars0arstrygrytrygryLCBASINSkikda-BethiouaSonatrachBota?419942024DESACQ1994-2014:3.2MTA;2015-2024:4MTASkikda-BethiouaSonatrachCepsaGas0.7720022022DESSkikda-BethiouaSonatrachDEA0.3420002022CIFSkikda-BethiouaSonatrachEnel0.620012021DESDeliveryunderthe"GDFSUEZ/Enel"swapagreementSkikda-BethiouaSonatrachENGIE1.51972DESContractextended,durationnotdislosedSkikda-BethiouaSonatrachotalEnergies219722023DESKribiFLNGSNHGazprom1.220182026FOBDamiettaSEGASBP120052025FOBDamiettaSEGASENI2.520052030FOBormerUnionenosaGascontractIdkuELNGT1otalEnergies3.620052025FOBIdkuELNGT2Shell3.620062026FOBPuntaEuropaEGLNGShell3.420072024FOBBonnyIslandNigeriaLNGT1&2Bota?0.9119992021DESBonnyIslandNigeriaLNGT1&2Enel2.120012021DESBonnyIslandNigeriaLNGT1&2NaturgyEnergyGroup1.1719992021DESBonnyIslandNigeriaLNGT1&2otalEnergies0.3319992021DESBonnyIslandNigeriaLNGT1-3ENI1.520212031BonnyIslandNigeriaLNGT1-3GalpradingSA120212031DESBonnyIslandNigeriaLNGT1-3otalEnergies0.7520212031DESromOct2021toSep2031BonnyIslandNigeriaLNGT1-3otalEnergies0.7520212031FOBBonnyIslandNigeriaLNGT1-3otalEnergies0.37520212031DESBonnyIslandNigeriaLNGT1-3itol0.520212031DESBonnyIslandNigeriaLNGT3GalpEnergia0.7320032023DESBonnyIslandNigeriaLNGT3NaturgyEnergyGroup1.9920022023DESBonnyIslandNigeriaLNGT4&5Endesa0.7520062026DESBonnyIslandNigeriaLNGT4&5ENI1.1520072027DESBonnyIslandNigeriaLNGT4&5GalpEnergia1.4220062026DESBonnyIslandNigeriaLNGT4&5avilionEnergy0.3820072027DESBonnyIslandNigeriaLNGT4&5Shell2.320062026DESBonnyIslandNigeriaLNGT4&5Shell1.1320062026DESBonnyIslandNigeriaLNGT4&5otalEnergies0.2320062029DESBonnyIslandNigeriaLNGT6Shell3.120082027DESBonnyIslandNigeriaLNGT6otalEnergies0.920082029DESHammerfest-RWESupply&rading0.122010-FOB0.06-0.12MTA;untildepletionHammerfestEquinorEquinor1.7520072021DESyHammerfestEquinoravilionEnergy1.1320062026DESavilionEnergynovationofIberdrolacontractHammerfestNeptuneEnergyotalEnergies0.52007-FOBUntildepletionHammerfestotalEnergiesotalEnergies0.72007-FOBUntildepletionSabettaamalLNGCNPC320182038DESSabettaamalLNGGazpromMarketing&2.920182038FOBfor20+years;atZeebruggetransshipmentpointradingSabettaamalLNGNaturgyEnergyGroup2.520182038DESSabettaamalLNGNoatek2.520182038FOBSabettaamalLNGotalEnergies420182032FOB)ne4trygryt ointFortinAtlanticLNGT2&3BP0.8520022021FOBointFortinAtlanticLNGT2&3EDP0.7420032023FOB Naturgy/EDPswap:Naturgybuys0.74onaFOBbasisin2021ointFortinAtlanticLNGT2&3ENGIE0.3520022023FOBdointFortinointFortinAtlanticLNGT2&3AtlanticLNGT2&3NaturgyEnergyGroupShell0.651.72003200320232023FOBFOBointFortinAtlanticLNGT2&3Shell220062023FOBointFortinAtlanticLNGT4BP2.520062026FOBointFortinAtlanticLNGT4Shell1.520062026FOBointFortinAtlanticLNGT4Shell1.1520142026FOBCameronCameronLNGMitsubishi420192039ollingCameronCameronLNGMitsui420192039ollingCameronCameronLNGotalEnergies420192039ollingCameronDiamondGasInternationalohoGas0.220202038DES3cargoesperyearCameronDiamondGasInternationalokyoGas0.220202039DES3cargoesperyearCameronMitsuiohoGas0.320192039DESCameronMitsuiokyoGas0.5220202040DES8cargoesperyearCameronMitsuiotalEnergies0.520192029FOBCameronotalEnergiesCPC0.820192038DESCameronotalEnergiesMarubeni0.520192039FOBCameronotalEnergiesohokuElectric0.2720182038DESCorpusChristiCheniereCheniereMarketing*2019-FOB*ExcessfromCorpusChristiCorpusChristiCheniereEDF0.7720202040FOBOptiontoextendfor10yearsCorpusChristiCheniereEDP0.7720202040FOBOptiontoextendfor10yearsCorpusChristiCheniereEndesa2.2520192039FOBCorpusChristiCheniereENGIE0.920212041FOBStartedinSep2021CorpusChristiCheniereNaturgyEnergyGroup1.520202040FOBOptiontoextendfor10yearsCorpusChristiCheniereIberdrola0.820192040FOBBack-to-backsaletoavilionEnergydCorpusChristiCheniereertamina0.7620202040FOBOptiontoextendfor10yearsCorpusChristiCheniereertamina0.7620192039FOBCorpusChristiCheniereoodside0.8520202040FOBOptiontoextendfor10yearsCoveointGAILGLOBAL(USA)LNGGAIL2.320182038FOBCoveointacificSummitEnergyKansaiElectric0.820182037FOBCoveointSTCoveointacificSummitEnergy0.920182037FOBCoveointSTCoveointokyoGas1.420182038FOBElbaIslandElbaIslandShell2.520202040FOBFreeportreeportLNGBP4.420202040ollingFreeportreeportLNGJERA2.320192039ollingInheritedfromChubuin2016FreeportreeportLNGOsakaGas2.320192039ollingFreeportreeportLNGSKE&S2.220202040ollingFreeportreeportLNGotalEnergies2.220202040ollingSabineassCheniereCentrica1.7520192039FOBSabineassCheniereCheniereMarketing*2016-FOB*ExcessfromSabineassSabineassCheniereGAIL3.520182038FOBSabineassCheniereKOGAS3.520172037FOBogasresells0.7MTAtootalEnergiesSabineassCheniereNaturgyEnergyGroup3.520172037FOBSabineassCheniereShell5.520162036FOBRevisedin2012(2MTAaddedto3.5))ne4trygrySabineassCheniereotalEnergies220192039FOBdotalEnergiesnovationofENGIEcontract.CheniereotalEnergies0.820182023DES0.72-0.8MTA:deliveryof12cargoesperyeartoMontoi-de-BretagneEEASTQalhatOmanLNGBP1.1320182024FOBQalhatOmanLNGItochu0.720062025FOBQalhatOmanLNGKOGAS4.0620002024FOBQalhatOmanLNGOsakaGas0.6620002024FOBQalhatQalhatLNGNaturgyEnergyGroup1.6520062025DESormerUnionenosaGascontractQalhatQalhatLNGOsakaGas0.820092026FOBRasLafanQatarEnergyitol1.252021DESStartlate2021ChugokuElectric,JERA,RasLafanQatargasIKansaiElectric,Osaka219982021DESInheritedfromChubuin2016Gas,ohoGas,ohokuElectric,okyoGasRasLafanQatargasIJERA419972021DES InheritedfromChubuin2016RasLafanQatargasIJERA120122021DES InheritedfromTEPCOin2016RasLafanQatargasINaturgyEnergyGroup0.7520052024DESRasLafanQatargasINaturgyEnergyGroup0.7520062025FOBRasLafanQatargasIShizuokaGas0.220162021DES ripartiteSA(QatarLiquefiedJERAandShizuokaGas)RasLafanQatargasIIT1akistanStateOil3.7520162031DESRasLafanQatargasIIT1/T2etroChina3.420182040DESRasLafanQatargasIIT2otalEnergies1.8520092034DESRasLafanQatargasIIT2otalEnergies1.520092034DESRasLafanQatargasIIT2otalEnergies1.8520092034DESRasLafanQatargasIIICNOOC220112035DESRasLafanQatargasIIIJERA0.720132028DES InheritedfromChubuin2016RasLafanQatargasIIIKansaiElectric0.520132027DESRasLafanQatargasIIIPGNiG1.120152034DESRasLafanQatargasIIIPGNiG0.920182034DESRasLafanQatargasIIIPTT220152034DESRasLafanQatargasIIIRWESupply&rading1.120172024DESRasLafanQatargasIIIohokuElectric0.1820162030DESRasLafanQatargasIVCentrica220142023Extensionoftheprevious4.5-yearcontract;DES Nominalquantity(ACQ)2014/2018:32019/2023:2MTARasLafanQatargasIVOMV1.120192024DESRasLafanQatargasIVetroChina320112036DESRasLafanQatargasIVetronas1.120142023Extensionoftheprevious5-yearcontract;NominalDES quantity(ACQ)2014/2018:1.14MTA;1.1MTARasLafanQatargasIVShell1.120192023DES Jan2019-Dec2023RasLafanQatargasIVShell12020DES Destinationuwait;durationnotdislosedRasLafanRasGasIEndesa0.7520052025DESRasLafanRasGasIKOGAS4.9219992024FOBRasLafanRasGasIIetronetLNG520042028FOBRasLafanRasGasIIetronetLNG2.520092028FOBRasLafanRasGasIIT2Edison4.620092034DESRasLafanRasGasIIT3CPC320082032FOBRasLafanRasGasIIT3EDFrading3.420072027DESRasLafanRasGasIIT3ENI2.0520072027DES/FOB ormerDistrigascontractRasLafanRasGasIII,,Ld120162028CFR ormerbuyer:etronetLNGmdmsnen*(Wheatstone)(Wheatstone)(Wheatstone)(Wheatstone)(Gorgon(Gorgon(Gorgon(Gorgon(Gorgon

(GorgonLNG)trygryRasLafanRasGasIIIT1EDFrading220172021DESRasLafanRasGasIIIT1KOGAS2.120072026DESRasLafanRasGasIIIT2CPC1.520132032DESRasLafanRasGasIIIT2KOGAS220122032DESRasLafanRasGasIIIT2etrobangla2.520182033DESBalhafemenLNGT1&2otalEnergies220092029DESBalhaf emenLNGT2otalEnergies2.5520092029FOBCBASINAshburtonNorth ChevronJERA0.420172036DES InheritedfromTEPCOin2016AshburtonNorth Chevron,ufpec,oodside(Wheatstone)JERA3.320172036DES InheritedfromTEPCOin2016;Nominalquantity(ACQ)2017-2018:1.7MTA;2018-2027:3.3AshburtonNorth Chevron,ufpec,oodsideJERA0.920172036FOB InheritedfromTEPCOin2016AshburtonNorth(Wheatstone) Chevron,ufpec,oodsideJERA120172036InheritedfromChubuin2016;NominalquantityFOB (ACQ)20180.4MTA;2019:0.7MTA;2020:MTA;from2021:1MTAAshburtonNorth Chevron,ufpec,oodsideKyushuElectric0.8320172036FOB 0.7MTA+0.13MTAAshburtonNorth Chevron,ufpec,oodsideohokuElectric0.9220172036DESAshburtonNorth PEWheatstone(Wheatstone)JERA0.720172036DES InheritedfromTEPCOin2016;Nominalquantity(ACQ)2017-2018:0.5MTA;2018-2027:0.7BarrowIsland ChevronENEOSCorporation0.320152030DESBarrowIsland ChevronGSCaltx0.520162036DESBarrowIsland ChevronJERA1.4420152039FOB/DES InheritedfromChubuin2016BarrowIsland ChevronKyushuElectric0.320152029DESBarrowIsland ChevronOsakaGas1.562520142039FOBBarrowIsland ChevronSKGroup0.8320172021FOB 4.15MTAovera5-yearperiodBarrowIsland ChevronokyoGas1.2520162039FOB 1.1MTA+0.15MTABarrowIsland ExxonMobiletroChina2.2520162036DESBarrowIsland ExxonMobiletronetLNG1.42520162036DESBarrowIsland ShellBP0.520162036FOBCurtisIsland GLNGKOGAS3.520162036FOBCurtisIsland GLNGetronas3.520152035FOBCurtisIsland QCLNGCNOOC3.620142034DESCurtisIsland QCLNGShell3.820142034FOBCurtisIsland QCLNGokyoGas1.220152035DESCurtisIsland APLNGKansaiElectric120162035FOBCurtisIsland APLNGSinopec7.620162036FOBDarwin IchthysLNGCPC1.7520182032DESDarwin IchthysLNGINPEX0.920182032FOBDarwin IchthysLNGJERA0.4920182032FOB InheritedfromChubuin2016Darwin IchthysLNGJERA1.0520182032FOB InheritedfromTEPCOin2016Darwin IchthysLNGKansaiElectric0.820182032FOBDarwin IchthysLNGKyushuElectric0.320182032FOB(Gorgon(Gorgon(Gorgon(Gorgon(APLNG)(APLNG)try gryt DarwinIchthysLNGOsakaGas0.820182032FOBDarwinIchthysLNGohoGas0.2820182032FOBDarwinIchthysLNGokyoGas1.0520182032FOBDarwinIchthysLNGotalEnergies0.920182033FOBDarwin Santos,ENI,INPEX,JERA, JERA,okyoGas 3 2006 2022 FOB InheritedfromTEPCOin2016okyoGasPlutoPlutoLNGKansaiElectric220112025FOB/DES 1.75-2MTAPlutoPlutoLNGokyoGas1.520122025FOB/DESPreludeINPEXJERA0.5620192025DES InheritedfromTEPCOin2016,fromINPEXvolumesPreludeINPEXShizuokaGas0.0720192025DES romINPEXequityvolumesPreludeKOGASKOGAS0.362019-FOBPreludeOPICAustraliaCPC0.182019-FOBPreludeShellShell2.432019-FOBWithnellBayChugokuElectric1.4320092021DESWithnellBayGDLNG3.320062031FOBWithnellBayJERA0.320092024DES InheritedfromTEPCOin2016WithnellBayJERA0.620092029DES InheritedfromChubuin2016WithnellBayKansaiElectric0.9320092024DES 0.5-0.93MTAWithnellBayoodside,Shell,BH,BPAustralia,Chevron,KansaiElectric0.220092024DES0.2-0.44MTAWithnellBayJapanAustraliaLNGKyushuElectric0.720092023FOB(Mitsubishi&Mitsui)WithnellBayKyushuElectric0.520062021DESWithnellBayOsakaGas120042033FOBWithnellBayShizuokaGas0.1320042029FOBWithnellBayohoGas,okyoGas1.3720042029FOBWithnellBayokyoGas0.5320172024DESLumutBruneiLNGJERA,OsakaGas,okyo3.420132023DESInheritedfromTEPCOin2016GasLumutBruneiLNGetronas0.920132023DESLumutBruneiLNGShell0.820132023FOBBontangertaminaNusantaraRegas0.820122022FOB 2016-2020:1MTA;2021-2022:0.8MTABontangertaminaPPTETS0.820192025FOB StartAug.2019Bontangertamina,ENIMuarabakauENI120172027FOB Nominalquantity(ACQ)2011-2015:32016-2020:2MTABontangertamina,ENIMuarabakauertamina1.420172024FOBBontangertamina,IDDChevronertamina0.0620162021FOB Additional0.2MTagreedfor2022Donggi-SenoroPTDonggi-SenoroLNGJERA120152027DES InheritedfromChubuin2016Donggi-SenoroPTDonggi-SenoroLNGKOGAS0.720152027FOBDonggi-SenoroPTDonggi-SenoroLNGKyushuElectric0.320152027DESangguh angguhPSCContractor CNOOC2.620092033FOBangguh angguhPSCContractor KansaiElectric120142035DESangguh angguhPSCContractor PLN2.4920152033DES44cargoesperyearangguh angguhPSCContractor osco0.5520052024DESangguh angguhPSCContractor SempraLNG3.720082029DES3.4MTAdivertibleangguh angguhPSCContractor SKE&S0.620062026DESangguh angguhPSCContractor ohokuElectric0.1220102024DESmdmsnen*artiesartiesartiesartiesartiesartiesartiestry gryt BintuluMalaysiaLNGHokkaidoElectricower0.1320182028DESBintuluMalaysiaLNGHokurikuElectric0.420182028DESBintuluMalaysiaLNGOsakaGas0.820092023DESBintuluMalaysiaLNGokyoGas0.520182031FOB/DES Nominalquantity(ACQ)2018-2023:upto0.52024-2031:upto0.9MTABintuluMalaysiaLNGDuaENEOSCorporation0.3820152025DESBintuluMalaysiaLNGDuaGasBureau,CityofSendai0.1620182027DESBintuluMalaysiaLNGDuaJERA0.420112031DES InheritedfromChubuin2016BintuluMalaysiaLNGDuaShizuokaGas0.3320162025DESBintuluMalaysiaLNGDuaohokuElectric0.3720162026DESa BintuluMalaysiaLNGDuaokyoGas0.920152025DESBintuluMalaysiaLNGSatuHiroshimaGas0.120162031FOBBintuluMalaysiaLNGSatuSaibuGas0.4520142028DESBintuluMalaysiaLNGSatuShikokuElectric0.3620102025DESBintuluMalaysiaLNGigaCNOOC320092029DESBintuluMalaysiaLNGigaJapanetroleumExplo-0.4820022021DESrationCo.BintuluMalaysiaLNGigaKOGAS220082028DESBintulu MalaysiaLNGiga OsakaGas,ohoGas, 0.8 2004 2024 DES/FOBokyoGasBintuluMalaysiaLNGigaohoGas0.420072027DESBintuluMalaysiaLNGigaohokuElectric0.520052025DESortMoresbyPNGLNGBPSingapore0.4520182023DES2018-2021:0.45MTA;2022-2023:0.9MTAortMoresbyPNGLNGCPC1.220142033DESaortMoresbyPNGLNGJERA1.820142034DES/FOBInheritedfromTEPCOin2016ortMoresbyPNGLNGOsakaGas1.520142034DES/FOBortMoresbyPNGLNGSinopec220142034DESaeruLNGShell4.220142028FOBPrigorodnoyeSakhalinEnergyInvestmentCPC0.7520172022DESPrigorodnoyeSakhalinEnergyInvestmentGazpromGlobalLNG120092028DESPrigorodnoyeSakhalinEnergyInvestmentHiroshimaGas0.2120082028FOBPrigorodnoyeSakhalinEnergyInvestmentJERA1.520092029FOBInheritedfromTEPCOi