Long Term Contracts Reflect Shifting Global Preferences | On Demand

Wednesday February 19,  2025

9 AM Houston | 10 AM New York | 2 PM London | 4 PM Athens | 5 PM Doha | 6 PM Dubai | 10 PM Perth/Singapore

Presented By: 

Jason Feer, Global Head of Business Intelligence, Poten & Partners  

Despite the US pause on export authorizations, 2024 proved to be one of the most active years on record for long-term SPAs. Poten & Partners observed 71 new SPAs covering more than 64 MMt of volume last year, the second highest level on record. Despite the continued health of the long-term contract market, there were only a few FIDs and the large number of contracts reflected the shifting concerns of global LNG buyers

• For the first time in several years, oil-linked contracts comprised the majority of deals done last year, eclipsing Henry Hub as the leading global benchmark
• The strength in crude linked deals was in large part driven by buyers looking to sign shorter term contracts
• US projects signed fewer contracts than Qatar for the first time in three years, reflecting the slowing momentum in the US and the eagerness of global buyers to diversify supply

Join Poten’s Global Head of Business Intelligence Jason Feer for a deep dive into recent contract trends and a discussion about the significance of these changing global preferences.