The global oil & gas industry experienced a 58% drop in company filings mentions of lng in Q2 2023 compared with the previous quarter, with the highest share accounted for by TotalEnergies with 52% year-on-year decrease, according to GlobalData’s analysis of over 297 oil & gas company filings. GlobalData’s LNG Liquefaction Industry Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries, 2021-2026 report provides granular data on capacity of active, planned, and announced liquefaction terminals, and new build and expansion capital expenditure outlook at global as well as regional level. Buy the report here.
Notably, lng was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of energy storage and internet of things, according to GlobalData.
Of the top leading companies in the oil & gas industry, TotalEnergies had the greatest increase in references for lng in Q2 2023, compared with the previous quarter. GlobalData identified 165 lng-related sentences in the company's filings - 6% of all sentences - and a decrease of 52% in Q2 2023 compared with Q2 2022. Novatek’s mentions of lng dropped by 59% to 102 and Sempra Energy’s by 32% to 79 and Snam’s by 61% to 79 and Cheniere Energy Partners’s by 9% to 51.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for lng in Q2 2023 was 101.
For further understanding of GlobalData's LNG Liquefaction Industry Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries, 2021-2026 buy the report here.