Contracts in the LNG segment registered a decrease in activity by 10% in September 2021 with a total of nine contracts, when compared with the previous month’s total of 10 contracts, according to GlobalData’s oil and gas contracts database.
A total of nine 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 five contracts, representing 56% of the total nine LNG contracts, followed by four contracts in the LNG regasification sub-segment.
LNG segment contracts by region in September 2021
Europe took the top position with four contracts and a 44% share of the total LNG contracts globally in September 2021, followed by Asia-Pacific and Africa with three (33%) and one (11%) contracts, respectively.
Contracts by scope of work in LNG segment in September 2021
During the month, the majority of contracts in the LNG segment were awarded in the design & engineering with six contracts, followed by procurement and construction with four and three contracts, respectively.
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.