Contracts in the LNG segment registered a decrease in activity by 23% in February 2022 with a total of 10 contracts, when compared with the previous month’s total of 13 contracts, according to GlobalData’s oil and gas contracts database.
Go deeper with GlobalData
A total of 10 contracts were registered in the LNG liquefaction and regasification segment globally during the month, when compared with the last 12-month moving average of 15 contracts.
LNG Liquefication sub-segment reported six contracts, representing 60% of the total 10 LNG contracts, followed by four contracts in the LNG regasification sub-segment.
LNG segment contracts by region in February 2022
See Also:
Asia-Pacific took the top position with four contracts and a 40% share of the total LNG contracts globally in February 2022, followed by North America and Africa with two (20%) contracts each.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataContracts by scope of work in LNG segment in February 2022
During the month, the majority of contracts in the LNG segment were awarded in the design & engineering with five contracts, followed by operations & maintenance and construction with three contracts each.
Methodology
All publicly announced contracts are included in this analysis, which is drawn from GlobalData’s oil and gas contracts database that provides insights into awarded and expired contracts globally.
More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s oil and gas database.
