Global Capacity and Capital Expenditure Outlook for LNG Terminals - US to Shake Up Global LNG Market with Staggering Pipeline of Planned Liquefaction Projects
The global LNG liquefaction capacity is expected to be tripled over the next five years, from 313.3 mtpa in 2014 to 811.1 mtpa by 2019. Projects in the US, Canada, Australia, Russia, and Nigeria will mostly drive the global liquefaction growth. Especially the North America will emerge as a new global LNG export hub due to presence of massive unconventional gas resources. Similarly, the global regasification capacity is expected to increase more than half, from 37.4 tcf in 2014 to...
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