LNG market set for contracting boom
North American project developers hope for a bumper year for supply commitments
“We see 2021 being one of the largest LNG contracting periods in recent times, with the macro environment pushing buyers to enter into long-term contracts again.” So said Sarah Bairstow, chief commercial officer of liquefaction developer Mexico Pacific Ltd at the Petroleum Economist LNG to Power North America virtual forum earlier this month With the LNG market forecast by many analysts to rebalance by the middle of the decade, “buyers will focus on ensuring that LNG is available across that period of potential supply shortfall”, Bairstow predicts. And, given that new supply projects, particularly in North America, need long-term contracts to meet financing hurdles, she expects buyers to
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
