2022 WORLD LNG REPORT PRESS RELEASE - Seite 3

LNG brings energy where it is needed and connects remote consumers to supply

As of April 2022, the global LNG trade connects 19 exporting markets with 40 markets with importing capabilities.

Global LNG trade grew by 4.5%, reaching an all-time high of 372.3 million tonnes (MT) in 2021, as the strong post-pandemic recovery resulted in a surge in LNG imports. The growth in exports was mainly driven by the United States (+22.3MT, +49.8%), Egypt (+5.2 MT, +391.2%) and Algeria (+1.2 MT, +11.4%). Australia remained the largest LNG exporter in 2021, exporting 78.5 MT last year vs. 77.8 MT in 2020. The largest exporting and importing region continued to be Asia Pacific. China overtook Japan as the largest LNG importer, increasing its net imports from 68.9 MT in 2020 to 79.3 MT in 2021.

A flexible long-term assurance for security of supply

Thanks to LNG's agility, reliability, and flexibility, the lights stay on, industries continue to run, homes and businesses are heated or cooled.

The ongoing Russia-Ukraine conflict continues to impact global gas supply, reinforcing LNG's critical role in global energy security.

In 2021, Russia contributed 8% of global LNG exports, out of which 43.9% were shipped to Europe, while the remaining 56.1% were shipped to Asia Pacific and Asia. With the European Union committing to eliminate Russia energy imports by 2027, growth in existing LNG exporting markets such as the United States and Qatar, and developing new ones, like growing Africa, are important avenues to diversify energy sources and support European energy security.

As of April 2022, 136.2 MTPA of liquefaction capacity was under construction or approved for development. 7.7 MTPA of that overall capacity increase is expected to come online in the second half of 2022, with the rest gradually coming in between 2023 and 2027.

In 2021, we witnessed one of the highest volumes of capacity being approved in a single year, with 50.0 MTPA liquefaction capacity reaching a final investment decision (FID). This was mainly contributed by the QatarGas North Field East (NFE) project, which added 32.0 MTPA to global approved liquefaction capacity. The remaining approved capacity was contributed by the Baltic LNG T1–T2 (13.0 MTPA) and Pluto T2 Expansion (5.0 MTPA).