North America and Asia to Drive Global LNG Industry Growth with Record Capital Spending
The global LNG industry is poised for substantial growth over the next four years as North America enters in to the LNG export market while Asia will continue to increase its share of LNG imports. Booming unconventional gas production has transformed US from LNG importer to exporter. Of the 67 planned liquefaction terminals by 2019, 32 alone are slated to come online in the US and Canada. The North American liquefaction and regasification capacities have increased marginally in the last quarter.
GlobalData’s latest report ‘H2 Global Capacity and Capital Expenditure Outlook for LNG Terminals‘ provides historical LNG liquefaction and regasification capacities data from 2009 to 2014, forecasts up to 2019. The report also includes details of all the planned, stalled and cancelled LNG liquefaction and regasification projects in the world up to 2019.
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