In the global LNG market, North America leads with the highest planned liquefaction capacity over the next four years while Asia will add the highest planned regasification capacity. Among countries, US and Canada will have the highest number of planned liquefaction terminals across the world. Canada and US will also lead the world in terms of capital expenditure spending on new build liquefaction terminals. On the regasification front, India and China will lead the world both in terms of regasification capacity additions and capital spending.
Australia is another country that will considerably add liquefaction capacity by 2020, through both conventional and unconventional projects. In Asia, the growing demand for natural gas in countries such as India, China and Japan is expected to drive regasification capacity growth. India and China are expected to spend the highest capital expenditure in the world to bring their planned regasification terminals online.
GlobalData’s latest report H1 2016 Global Capacity and Capital Expenditure Outlook for LNG Terminals – Asia Leads in Planned Regasification Projects Announcements provides historical LNG liquefaction and regasification capacities data from 2010 to 2015, with forecasts up to 2020. The report gives an annual breakdown of capital expenditure spending on LNG liquefaction and regasification projects for the period 2016 to 2020. The report also includes planned LNG liquefaction and regasification capacity additions and capital expenditure spending by key countries and companies across the world along with details of planned, stalled and cancelled LNG liquefaction and regasification projects in the world up to 2020.
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Published: May -16
Report Format: electronic PDF