US LNG producers are optimistic that more international SPAs will be signed
US LNG players boosted by offtake deal surge
The market is in a considerably stronger position than it was last year, giving producers hope of sanctioning new capacity
US LNG projects have seen a flurry of new SPAs over recent months. Developer Tellurian led the pack with three deals this summer for offtake from its planned Driftwood LNG terminal in Louisiana. Each of the deals was for 3mn t/yr over a ten-year period—covering almost all of Driftwood’s first phase. “There has very clearly been a pretty significant uptick in people signing contracts,” says Jason Feer, head of business intelligence at LNG advisory Poten & Partners. “The caveat to that is that there have not been very many long-term contracts of the kind that would support project development.” Feer points to the contracts of ten years or less in particular, noting that the repayment perio
Also in this section
8 December 2025
The Caribbean country’s role in the global oil market is significantly diminished, but disruptions caused by outright conflict would still have implications for US Gulf Coast refineries
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
