Global LNG Trade

In the last 50 years, LNG trade has grown on average at 11% per year, from 2.6 MT in 1971 to 372.3 MT in 2021. The growth was steadily positive (except 1980-81 and 2012) with 40% of the time double-digit growth rates.

The cumulated number of LNG deliveries exceeded 116 000 in 2021.

In 2021, LNG has been delivered to 44 different markets around the world. The number of LNG importing markets has been multiplied by almost 5 since the 1990s with the most significant additions in the 2009-2016 period.

 

 

 

There is a growing need for market flexibility, which has led the share of spot and short-term LNG trade to increase from 5% in 2000 to 40% in 2020 and 36.6% in 2021.

 

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