GIIGNL-全球液化天然气行业年度报告2021（英文）-2021.5-68正式版

TheLNGindustry

GIIGNLAnnualReport

2021

Profile

Profile

GIIGNLisanon-profitorganisationwhoseobjectiveistopromotethedevelopmentofactivitiesrelatedtoLNG:purchasing,importing,processing,transportation,handling,re-gasificationanditsvarioususes.

TheGroupconstitutesaforumforexchangeofinformationandexperienceamongits86membersinordertoenhancethesafety,reliability,efficiencyandsustainabilityofLNGimportactivitiesandinparticular,theoperationofLNGimportterminals.

©GIIGNL-InternationalGroupofLiquefiedNaturalGasImporters

Alldataandmapsprovidedinthispublicationareforinformationpurposesandshallbetreatedasindicativeonly.

Undernocircumstancesshalltheyberegardedasdataormapsintendedforcommercialuse.Reproductionofthecontentsofthispublicationinanymannerwhatsoeverisprohibitedwithoutpriorconsentofthecopyrightowners.

Acknowledgements

Wewishtothankallmembercompanies

fortheircontributiontothereportandthe

followinginternationalexpertsfortheir

commentsandsuggestions:

CybeleHenriquez–CheniereEnergy

NajlaJamoussi–CheniereEnergy

CallumBennett–Clarksons

OliverStavrinidis–Clarksons

LaurentHamou–Elengy

JacquesRottenberg–Elengy

MaríaÁngelesdeVicente–Enagás

Paul-EmmanuelDecroës–Engie

OliverSimpson–ExcelerateEnergy

AndyFlower–FlowerLNG

MagnusKoren–HöeghLNG

GavinStevens–MOL

MarianaOrtiz–NaturgyEnergyGroup

BirthevanVliet–Shell

MayumiIkeda–TokyoGas

DonnaDeWick–Total

XinyiZhang–Total

Editorial

TheLNGindustryin2020

JeanAbiteboul

President

DearColleagues,

2020canbecharacterizedasayearofmarketvolatility.Inthefaceofsuchvolatility,drivenbytheinfluenceofthepandemiconenergydemandinLNGimportingcountries,weatherevents,andlogisticsbottlenecks,theLNGindustryhasshownresilienceandflexibility.Despiteareductioninglobalenergyconsumptionduetolockdownsaroundtheworld,LNGtradegrewby0.4%,reaching356.1MTattheendoftheyear.

Inthefirsthalfof2020,naturalgasdemandbegantobeimpactedinmanycountriesasCovid-19spreadandcontrolmeasureswereenacted.TheslowdownofglobalLNGdemandcoupledwithnewsupplycomingonstreamresultedinplummetingspotLNGpricesandinconvergenceofthemainregionalpriceindices.Inthiscontextofreduceddemandelasticityandoflimitedarbitrageopportunities,USliquefactionplantsprovidedfurtherflexibilitytotheLNGmarketandenabledaphysicalrebalancingthankstotheabilityforoff-takerstocancelLNGcargoes,afirstintheindustry’shistoryandasignthatregionalmarketsarebecomingincreasinglyinterdependent.Ontheimportingside,Europewasabletoabsorbuncommittedvolumesduringthefirsthalfoftheyear,butreduceditsimportsduringthesecondhalfoftheyearwhileLNGcargoeswereincreasinglydirectedtoAsiatotakeadvantageofrapidlyescalatingJKMprices.LNGdemandinChinaandIndiarecoveredrelativelyquicklyfromtheCovidimpact.IncreasedcompetitivenessofLNGversusotherfuelsandcomparedtopipelinegasboostedspotLNGprocurementinmultipleregions.

Towardstheendoftheyear,themarketrecordedpricespikesandrecordhighspotshippingcharterratesduetoinfrastructurebottlenecksandcolderthanusualweather.ThemarkettightnessandhighspotLNGpriceswereastarkreminderthattheindustryshouldcontinuetoinvestinnewcapacity.

Despitesomechallenges,theLNGindustrywitnessedgrowthinmanynewareas.Myanmar,whichreliedonLNGtofuelitsgrowingneedforpower,joinedtheranksofLNGimportingcountrieslastyear.Newregasificationcapacitycontinuedtocomeonline,with8newterminalscommissionedin2020inBahrain,Brazil(2),Croatia,India,Indonesia,MyanmarandPuertoRico.NewusessuchasLNG-to-powerandLNGasamarinefuelaregainingfurthertractiondrivenbyLNG’sadvantages:itisaproventechnology,readilyavailable,whichoffersbetterenvironmentalperfor-mancethanotherfossilfuelsandiscostcompetitive.2020wasayearofmilestonesforthediversificationofLNGuseswiththestart-upofthefirstLNGpowership,thedeliveryandorderofseveralbunkeringvessels,thelaunchofthefirstLNG-fueledmegacontainershipsandthelargestLNGbunkeringoperationeverconducted.

China,SouthAsiaandSouthEastAsia,wherethemajorityofnewreceivingterminalsunderdevelop-mentarelocated,offersignificantpotentialforLNGtohelpreduceemissionsandimproveairqualitybydisplacingcoalandotherpollutingfuelsinavarietyofsectors.Thankstoitsflexibility,importedLNGcancomplementdomesticgasproduction,replacedeple-tinglocalsupplysourcesandfacilitatetheintroduc-tionofintermittentrenewableenergies.Substantial

investmentininfrastructureandaccesstolow-costsupplywillbevitalinorderfornewdemandtomate-rialize.Itwilldrivetheneedforproducersandsellerstominimizetheircapitalandoperatingcostswhiledevelopinginnovativewaysoffinancinginordertodelivercompetitively-pricedLNG.

Ourindustry’soptimismalsocomeswithgreatres-ponsibilities.NetzerotargetshavebeenannouncedbyseveralcountriesincludingJapan,SouthKoreaandChina,thethreelargestLNGimporters.Methaneemissionscouldincreasinglyinfluencefutureinterna-tionaltradediscussions,inparticularwiththeEuro-peanUnion.Fortunately,greenhousegasemissionsassociatedwiththeLNGsupplychaincanbecloselymonitoredandmitigatedthankstothenaturalgasin-dustry’sexperiencecombinedwiththedevelopmentofnewtechnologies.Asisthecaseinothersectors,theLNGindustryisactivelydeployingsolutionstominimizeitscarbonfootprint,includingeffortstoavoid,reduceandoffsetgreenhousegasemissions.Alternativetechnologiessuchaselectricmotorsdrivingtheliquefactionprocess,carboncaptureandsequestration,bio-LNGandproductionofhydrogenfromnaturalgasareallowingtoenhancethesustai-nabilityoftheLNGsupplychain.

Inthiscontext,LNGispoisedtoprovideagrowingshareoftheworld’senergysupplies,andcontributetoanaffordableandcleanereconomicrecoveryaswellastoaresponsibleenergytransition.

JeanAbiteboul

President

GIIGNLAnnualReport2021Edition-3

Keyfigures2020

Keyfigures2020

356.1MT

+0.4%

importedvs.354.7MTin2019

growthvs.2019

20 43

exporting importing

countries countries

ofglobalLNG

71% demandinAsia

ofglobalLNGvolumes

41% suppliedfromthePacificBasin

8newLNG

regasification

terminals

947MTPA

totalregasificationcapacity

454MTPA

totalliquefactioncapacity

4-GIIGNLAnnualReport2021Edition

Keyfigures2020

142.5MT

importedonaspotorshort-termbasis

or40%oftotaltrade

40%

Contents

KeyFigures

4

LNGtradein2020

6

Contractssignedin2020

8

Medium-termandlong-termcontractsinforcein2020

10

LNGshipping

18

LNGimportsin2020

30

Liquefactionplants

38

Regasificationterminals

44

WorldLNGMaps

58

RetailLNGin2020

62

AboutGIIGNL

63

GIIGNLAnnualReport2021Edition-5

LNGtradein2020

LNGtradein2020

In2020,globalLNGimportsreached356.1milliontons(MT),increa-singby1.4MTor0.4%comparedwiththepreviousyear.Despitethechallengesimposedbythepan-demic,LNGtradehasprovenre-silient,increasinglydiverseandglobal.Tradecontinuedtogrowstronglyinthefirstquarterof2020butasdemandweakenedinthesecondandthirdquarters,supply-sideadjustmentshelpedbalancethemarket.Inthefourthquarterastrengtheningofde-mandandunplannedliquefac-tionoutagesresultedinatighte-ningofthemarket.

Myanmarjoinedtheranksofim-portingcountries.42*countriesimportedLNGvolumes,from20exportingcountries.

USLNGunderpinssupplygrowthandaddsflexibilitytothemarket

In2020,theUnitedStatesaccountedformostofthenewsupplyvolumes(+11MT)duetotherampupofprojectscommissionedin2019aswellasthecom-missioningof5large-scaleliquefactiontrainsin2020(i.e.,CameronLNGtrains2and3,CorpusChristiLNGtrain3,FreeportLNGtrains2and3).NewsupplywasalsoaddedbyAustralia(+2.4MT)andtheRussianFederation(+0.3MT).Unlikepreviousyears,2020wascharacterizedbyadecelerationofnewLNGsupplycomingonstream.Almostallexportingcountriesexperienceddecreasesintheirexports,withthegreatestdeclinesinTrinidad&TobagoandMalaysia(-2.4MTeach),followedbyEgypt(-2.1MT).

TheAtlanticBasinistheonlyregionwhichexpe-riencedgrowthin2020(+3.2MT),whilethePacificBasinandtheMiddleEastrecordeddeclinesof0.5MTand1.3MTrespectively.ThePacificBasinremainsthelargestsourceofLNGsuppliestotheglobalmar-ketwith146.2MTor41%ofthetotalglobalmarket,followedbytheAtlanticBasinwith117.4MTora33%marketshareandtheMiddleEastwith92.6MT,a26%marketshare.

AsproductionfromtheUScontinuestoincrease,thegapbetweensupplyfromthePacificBasinandtheAtlanticBasinhasnarrowed,from33MTin2019to28.8MTin2020,whereasthegapbetweenthePacificBasinandtheMiddleEasthasslightlywidened.

AmongLNGsupplyingcountries,AustraliaandQatarleadthepack,with77.8MTand77.1MTrespectively.ThisisthefirsttimethatAustraliahastakenoverQatarasleadingexporteronanannualbasis.Behindthesetwo,thehierarchyofsupplyingcountriesremainsunchanged,theUnitedStatesbeingthirdwith44.8MT,followedbytheRussianFederationwith29.6MT,andMalaysiawith23.9MT.

Asiadrivesglobaldemandgrowth

Asiacontinuestobetheleadingimportingregionwitha71%shareofglobalLNGimports,upfrom69%in2019.AsianLNGimportsgrewby3.4%in2020,reaching254.4MT.ImportsroseinallAsiancountriesexceptJapan,Pakistan,Indonesia,MalaysiaandSingapore.JapanexperiencedthegreatestdecreaseinLNGimports(-2.4MT)whichrepresentedafallof3.2%.ThishappenednotablyduetolowerLNGimportsduringthesecondquarterof2020followingthelockdownmeasureswhichwereimplementedwit-hinthecountryandtheirdownwardimpactonelec-tricityconsumption.However,LNGimportsshowedaprogressiverecoveryfromJuneonwardswithaspikeinDecember2020duetotheexceptionallycoldweather.Despitethis,JapanremainstheleadingLNGimportingcountryintheworldwith74.4MTora20.9%marketshare.SouthKoreaexperiencedamoderategrowthinLNGimports(+0.7MT),whichwereupdu-ringthefirstquarterduetotemporaryclosuresofcoalplantsmandatedbythegovernment,andduringthelastquarterduetotheeconomicrecoveryandbelowaveragetemperaturesatthestartofthewinterseason.Duringthesummer,mildweatherandthedecreaseindemandformanufacturingwhichfollowedthepan-demicresultedinlowerthanusualimports.

Chinaexperiencedthegreatestgrowthintermsofimportedvolumes(+7.2MTor+11.7%),whichisbelowits2019growthof14%.ThemainsurgeofLNGimportstookplaceduringthesecondquarterof2020,whenLNGimportswerefavoredoverpipelineimports,asaconsequenceoflowerspotLNGprices.ChinaremainsthesecondlargestLNGimporterglo-bally,with68.9MTora19.3%marketshare-upbyalmost2%fromits2019marketshare(17.4%).

43%

ofUSvolumesdeliveredtoAsia,41%toEurope,13%toAmericas.

40%

ofvolumesimportedon

aspotorshort-termbasis.

+12%

IncreaseinChinese

LNGimports,compared

with+14%in2019.

*EgyptandRussiadidnotimportanycargoes.Duetoitsspecificstatus,Gibraltarisnotincludedinthelistofimportingcountries.

6-GIIGNLAnnualReport2021Edition

LNGtradein2020

OtherAsiancountrieshavealsoseenimportantin-creasesintheirLNGconsumption:inIndia,importsgrewby11%(+2.7MT)inresponsetoahigherdemanddrivenbylowerspotLNGprices.StrongerLNGimportswerealsounderpinnedbythestartofoperationsoftheMundraLNGterminalandin-creasedutilizationrateoftheKochiLNGtermi-nal.Importsalsoincreasedby1.1MTinTaiwan(+6.6%),0.6MTinThailand(+12.2%),0.1MTinBangladesh(+2.5%)and0.2MTinMyanmar,whichjoinedtherankofLNGimportersinMay2020.

2020wasayearoftwohalvesforEurope’sLNGimports.Duringthefirsthalf,theregionactedasamarketoflastresort.Duringthesecondhalf,EuroperecordedadecreaseinLNGimportscomparedtothepreviousyearduetoadecreaseindemandfornatu-ralgasbecauseoflockdowns,whilestoragesfilledupandUScargoeswerecancelled.Overall,netLNGimportsdecreasedby-5%comparedto2019,totaling81.6MT,adecreaseof4.3MT.France(-2.5MTor-16.1%)andBelgium(-1.9MTor-36.9%)showedthemostsignificantdeclines,whereasTurkeyrecordedthemostimportantincrease(+1.35MTor14.4%).ThethreeleadingLNGimportersinEuroperemainSpain(15.4MT),followedbytheUnitedKingdom(13.4MT),whichovertookFrance,nowthethirdlargestimportingcountryintheregion(13.1MT).

AstheregionwasseverelyaffectedbytheCovidpandemic,EuropecontinuedtomeetnaturalgasdemandbyimportingsignificantLNGvolumesthankstoitswellconnectedgasmarketsanditsabilitytoin-jectgasinundergroundgasstorage.

ImportsintotheAmericanregiondecreasedby16%(-2.6MT)to13.2MTin2020,downfrom15.8MTin

2019.Mexicanimportsdecreasedby61.5%(-3MT),asthecountryisnowlessreliantonLNGimportsfol-lowingthestartofoperationsofnewpipelinesthatconnectthecountrywithUSnaturalgassupply.Chile(2.7MTor+9.8%)isnowtheleadingimporterinSouthAmerica,followedbyBrazil(2.4MTor+3.2%).JamaicaexperiencedthegreatestincreaseinthegrowthofLNGimports(+160%),duetoanincreaseduseofnaturalgasforpowergeneration,followedbyCanada(+59.6%).

LNGimportsintotheMiddleEastremainedstablecomparedto2019,showingadecreaseof0.02MT(0.3%).Jordanrecordedthelargestdecline(-0.6MT)or-41.2%,whereasKuwaitsawthegreatestincreaseinitsLNGimports,0.5MT(+14.5%).Egyptdidnotimportanyvolumesin2020;thecountryhasexpe-riencedacontinuousdeclineinLNGimportssincetheypeakedin2016.

LowspotLNGpricesin2020triggeredoutstandinggrowthofspotandshort-termvolumes

2020wasmarkedbyanoutstandinggrowthinspotandshort-termtransactions.Spotandshort-termvolumesincreasedby23.5MT,a19.8%increase,reaching142.5MT.Thisrepresented40%oftotaltradecomparedwith34%in2019.ThedecreaseofnaturalgasandLNGdemand,whichresultedfromlowereco-nomicactivityonaglobalscale,ledtodepressedspotLNGpricesduringmostof2020,incentivizingspotandshort-termpurchasesinmanycountries.

TheUnitedStatesremainedtheleadingexporterofspotandshort-termLNG,accountingfor21.3%oftotalspotandshort-termvolumes,closelyfollowedby

theAustraliawitha19.9%marketshare.

“True”spotvolumes(i.e.,volumesdeliveredwithinthreemonthsfromthetransactiondate)reached35%oftotalimportsin2020or125MT,comparedwith27%oftotalimportsin2019(95MT).

In2020,regionalarbitrageopportunitiesweremorefrequentthanin2019,inparticulartowardstheendoftheyear.Re-exportsincreasedto2.6MTcomparedwith1.6MTin2019.In2020,10countriesre-exportedLNGand22countriesreceivedre-exportedvolumes.Asia,ledbySingapore,whichwasthecountryperfor-mingmostreloadingoperations(1.1MT),accountedfor48.5%ofthere-exportedvolumes(1.3MT),ChinabeingthemaindestinationforthereloadedvolumesfromSingapore.Europefollowedwith1.1MT,Francedrivingthemajorityofreloadsintheregion(0.5MT).

ofRussian

volumesdelivered

56%toAsia,43%

toEurope,1%to

theMiddleEast.

35%

ofvolumesimportedonaspotbasis,comparedwith27%in2019

GIIGNLAnnualReport2021Edition-7

Contractssignedin2020

Contractssignedin2020

ACQ

Start

End

Delivery

ExportCountry

ImportCountry

Seller

Buyer

(MTPA)

date

date

Format

Comments

LONG&MEDIUMTERMCONTRACTS(>4YEARS)

Australia/Barossaproject

Fromthestartdateofthe

Portfolio

Santos

DiamondGasInternational

1.5

FOB

Barossaproject,a10-year

(DarwinLNGcontinuation)

contractwithextensionoptions

Australia

Taiwan

Chevron

CPC

2022

DES

ChevronPortfolio

CentricaPortolio

China

Centrica

Shenergy

0.5

2024

2039

DES

ENGIEPortfolio

UnitedStates

ENGIE

Europeanutility

0.35

2023

2032

DES

FromSep2023toSep2032

JERAPortfolio

Japan

JERA

ShizuokaGas

0.07

2022

2027

DES

FromApril2022toMarch2027

NaturgyPortfolio

PuertoRico

NaturgyEnergyGroup

PuertoRicoElectric

1.47

2020

2032

DES

2-3BcmafromOct2020to

PowerAuthority(PREPA)

Sep2032

Nigeria/BonnyIsland

Portfolio

NigeriaLNGT1-3

ENI

1.5

2021

2031

FromOct2021toSep2031

Nigeria/BonnyIsland

Portugal

NigeriaLNGT1-3

GalpTradingSA

1

2021

2031

DES

Nigeria/BonnyIsland

Portfolio

NigeriaLNGT1-3

Total

1.5

2021

2031

DES

FromOct2021toSep2031

Nigeria/BonnyIsland

Multiple

NigeriaLNGT7

ENI

1.1

Mauritania&Senegal

KosmosEnergyandpartners

GreaterTortueAhmeyim

Portfolio

BPGasMarketing

2.45

2023

2043

FOB

(SMHPM,Petrosen,BP)

Phase1

Mexico/ECALNG(CostaAzul)

Portfolio

SempraEnergy

Mitsui

0.8

2025

2045

FOB

FromJan2025toJan2045

Mexico/ECALNG(CostaAzul)

Portfolio

SempraEnergy

Total

1.7

2025

2045

FOB

FromJan2025toJan2045

Qatar/RasLaffan

Kuwait

QatargasIV

Shell

1

2020

DES

Qatar

China

Qatargas

Sinopec

2

2022

2032

DES

Preliminaryagreement,

SPAconfirmedin2021

Qatar

Kuwait

QatarPetroleum

KuwaitPetroleum

3

2022

2037

DES

DeliveredtoAl-Zourterminal

Corporation

Qatar/QPPortfolio

EachLNGcargoaccompanied

Singapore

QPTrading

PavilionEnergy

1.8

2023

2032

DES

byastatementofitsGHG

emissions

ShellPortfolio

Croatia/

Shell

MFGKCroatia

0.2

2021

2027

DES

0.25BcmadeliveredtoKrk

Hungary

terminalforexporttoHungary

UAE

Southernand

DasIsland/

ADNOCLNG

Vitol

1.8

2022

2028

Upto6years

SoutheastAsia

ADNOCLNGPortfolio

UnitedStates

Portfolio

VentureGlobalPlaquemines

EDF

1

2024

2044

FOB

Fromthestartdateoftheproject

PlaqueminesLNG

LNG,LLC

Multiple

Pertamina

Petronas

2020

2025

DES/FOB

MSPA;FromJan2020toJan2025

Multiple

NewFortressEnergy

0.54

2022

2030

FOB

27.5millionMMBtuperyear

=8cargoesperyear

SHORTTERMCONTRACTS(≤4YEARS)

BPPortfolio

TosupplyregasifiedLNG

China

BP

ENN

0.3

2021

2023

throughGuangdongDapengLNG

terminal

BPPortfolio

TosupplyregasifiedLNG

China

BP

ForanEnergy

0.3

2021

2023

throughGuangdongDapengLNG

terminal

ENGIEPortfolio

UnitedStates

ENGIE

USutility

0.75

2023

2025

DES

FromJul2023toMars2025

MitsubishiPortfolio

China

MitsubishiPortfolio

GuangdongEnergyGroup

0.28

2020

DES

UAE

Southand

DasIsland/

ADNOCLNG

Total

0.75

2021

2022

FromJan2021toDec2022

SoutheastAsia

ADNOCLNGPortfolio

8-GIIGNLAnnualReport2021Edition

Contractssignedin2020

ACQ

Start

End

Delivery

ExportCountry

ImportCountry

Seller

Buyer

(MTPA)

date

date

Format

Comments

CONTRACTMODIFICATION

Algeria/Arzew-Skikda

Portfolio

Sonatrach

TOTAL

2

2021

2023

DES

Extensionofexistingcontract

fromJan2021toDec2023

HEADSOFAGREEMENTS

PetronasPorftolio

China

PetronasLNG

ShenergyGroupCompany

1.5

2022

2034

UnitedStates/AnnovaLNG

Multiple

AnnovaLNG

Uniper

1

FOB

Non-binding

UnitedStates

China

Cheniere

ForanEnergy

0.34

2021

2026

DES

26cargoesbetween2021and

ChenierePortfolio

2025

MEMORANDUMSOFUNDERSTANDING

Indonesia/AbadiLNG

INPEX

PGN

Indonesia/AbadiLNG

INPEX

PLN

TERMINALCAPACITY

Brazil

HygoEnergyTransition

CompanhiadeGasdoPara

1.8

2022

ForBarcarenaterminal.

+0.6MTPAfrom2025

China

GDLNG

BP

0.6

2021

2023

Tollingregasificationcapacity

atGuangdongDapengLNG

Croatia

LNGCroatia(Krkterminal)

METCroatiaEnergyTrade

0.32

2020

2023

6.8Bcmover7years:2020/2021

Croatia

LNGCroatia(Krkterminal)

MGFKCroatia

0.49

2021

2027

0.666Bcm.2023/20241.016Bcm

and1.014Bcmatheremaining

years

France

Elengy

QatarPetroleum

3

2035

AttheMontoir-de-Bretagne

terminal

Agreementonavailable

Poland

PolskieLNGS.A.

PGNiGS.A.

0.88

2022

2023

capacitiesaftertheexpansion

oftheterminalinPoland

Agreementonavailable

Poland

PolskieLNGS.A.

PGNiGS.A.

2.43

2024

2038

capacitiesaftertheexpansion

oftheterminalinPoland

UK

NationalGridGrainLNG

QatarTerminalLimited

7.2

2025

2050

FromJul2025toJul2050

VOLUMEWEIGHTEDAVERAGEDURATIONOFLONG&MEDIUMTERMCONTRACTS

2020

13.0years

2019

15.5years

2018

17.4years

2017

12.1years

2016

14.7years

2015

13.9years

0

5

10

15

AVERAGEDURATIONOFLONG&MEDIUMTERMCONTRACTS

2020

11.7years

2019

13.9years

2018

16.4years

2017

11.5years

2016

12.9years

2015

13.0years

0

5

10

15

GIIGNLAnnualReport2021Edition-9

Medium-termandlong-termcontractsinforcein2020

Medium-termandlong-termcontractsinforcein2020*

ACQ

Start

End

Delivery

ExportCountry

LoadingPoint

Seller

Buyer

(MTPA)

date

date

Format

Comments

ATLANTICBASIN

Skikda-Bethioua

Sonatrach

Botasş

4

1994

2024

DES

ACQ1994-2014:3.2MTPA;2015-2024:4MTPA

Skikda-Bethioua

Sonatrach

CepsaGas

0.77

2002

2022

DES

Skikda-Bethioua

Sonatrach

DEPA

0.72

2000

2021

CIF

0.34MTPAin2021

Algeria

Skikda-Bethioua

Sonatrach

Enel

1.13

2001

2021

DES

Deliveryunderthe"GDFSUEZ/Enel"swap

agreement

Skikda-Bethioua

Sonatrach

ENGIE

1.5

1972

2020

DES

Contractextended,durationnotdisclosed

Skikda-Bethioua

Sonatrach

Total

2.5

1972

2020

DES

Cameroon

KribiFLNG

SNH

Gazprom

1.2

2018

2026

FOB

Damietta

SEGAS

BP

1

2005

2025

FOB

Nodeliveriesin2020

Damietta

SEGAS

NaturgyEnergyGroup

3

2005

2030

FOB

FormerUnionFenosaGascontract;

Egypt

Nodeliveriesin2020

Idku

ELNGT1

Total

3.6

2005

2025

FOB

Idku

ELNGT2

Shell

3.6

2006

2026

FOB

Equatorial

PuntaEuropa

EGLNG

Shell

3.4

2007

2024

FOB

Guinea

BonnyIsland

NigeriaLNGT1&2

Botasş

0.91

1999

2021

DES

BonnyIsland

NigeriaLNGT1&2

Enel

2.75

2001

2021

DES

BonnyIsland

NigeriaLNGT1&2

GalpEnergia

0.26

2000

2020

DES

BonnyIsland

NigeriaLNGT1&2

NaturgyEnergyGroup

1.17

1999

2021

DES

BonnyIsland

NigeriaLNGT1&2

Total

0.33

1999

2021

DES

BonnyIsland

NigeriaLNGT3

GalpEnergia

0.73

2003

2023

DES

BonnyIsland

NigeriaLNGT3

NaturgyEnergyGroup

1.99

2002

2024

DES

Nigeria

BonnyIsland

NigeriaLNGT4&5

Endesa

0.75

2006

2026

DES

BonnyIsland

NigeriaLNGT4&5

ENI

1.15

2006

2026

DES

BonnyIsland

NigeriaLNGT4&5

GalpEnergia

1.42

2006

2026

DES

BonnyIsland

NigeriaLNGT4&5

PavilionEnergy

0.38

2006

2026

DES

BonnyIsland

NigeriaLNGT4&5

Shell

2.3

2006

2026

DES

BonnyIsland

NigeriaLNGT4&5

Shell

1.13

2006

2026

DES

BonnyIsland

NigeriaLNGT4&5

Total

0.23

2006

2029

DES

BonnyIsland

NigeriaLNGT6

Shell

3.1

2008

2027

DES

BonnyIsland

NigeriaLNGT6

Total

0.9

2008

2029

DES

Hammerfest

-

RWESupply&Trading

0.12

2010

-

FOB

0.06-0.12MTPA;untildepletion

Hammerfest

Equinor

Equinor

1.75

2007

2021

DES

Norway

Hammerfest

Equinor

PavilionEnergy

1.13

2006

2025

DES

PavilionEnergynovationofIberdrolacontract

Hammerfest

NeptuneEnergy

Total

0.5

2007

-

FOB

Untildepletion

Hammerfest

Total

Total

0.7

2007

-

FOB

Untildepletion

Sabetta

YamalLNG

CNPC

3

2018

2038

DES

Sabetta

YamalLNG

GazpromMarketing

2.9

2018

2038

FOB

for20+years;atZeebruggetransshipmentpoint

&Trading

Russia

Sabetta

YamalLNG

NaturgyEnergyGroup

2.5

2018

2038

DES

Sabetta

YamalLNG

Novatek

2.5

2018

2038

FOB

Sabetta

YamalLNG

Total

4

2018

2032

FOB

(*)Durationabove4years

10-GIIGNLAnnualReport2021Edition

Medium-termandlong-termcontractsinforcein2020

ACQ

Start

End

Delivery

ExportCountry

LoadingPoint

Seller

Buyer

(MTPA)

date

date

Format

Comments

PointFortin

AtlanticLNGT2&3

BP

0.85

2002

2021

FOB

PointFortin

AtlanticLNGT2&3

EDP

0.74

2003

2023

FOB

Naturgy/EDPswap:Naturgybuys0.74MTPA

onaFOBbasisuntil2023

PointFortin

AtlanticLNGT2&3

ENGIE

0.35

2002

2023

FOB

Trinidad&

PointFortin

AtlanticLNGT2&3

NaturgyEnergyGroup

0.65

2003

2023

FOB

Tobago

PointFortin

AtlanticLNGT2&3

Shell

1.7

2003

2023

FOB

PointFortin

AtlanticLNGT2&3

Shell

2

2006

2023

FOB

PointFortin

AtlanticLNGT4

BP

2.5

2006

2026

FOB

PointFortin

AtlanticLNGT4

Shell

1.5

2006

2026

FOB

PointFortin

AtlanticLNGT4

Shell

1.15

2014

2026

FOB

Cameron

CameronLNG

Mitsubishi

4

2019

2039

Tolling

Cameron

CameronLNG

Mitsui

4

2019

2039

Tolling

Cameron

CameronLNG

Total

4

2019

2039

Tolling

Cameron

DiamondGasInternational

TohoGas

0.2

2020

2039

DES

3cargoesperyear

Cameron

DiamondGasInternational

TokyoGas

0.2

2020

2039

DES

3cargoesperyear

Cameron

Mitsui

TohoGas

0.3

2019

2039

DES

Cameron

Mitsui

TokyoGas

0.52

2020

2039

DES

8cargoesperyear

Cameron

Mitsui

Total

0.5

2019

2029

FOB

Cameron

Total

CPC

0.8

2019

2038

DES

Cameron

Total

Marubeni

0.