LNG Infrastructure

• Liquefaction

Global liquefaction capacity stands at 462 MT.

During the last 30 years the number of exporting countries has more than doubled, leading to an increased diversification of supply sources.

While liquefaction capacity has grown steadily over the years, the last 5 years (2016-2021) were marked by an acceleration of the liquefaction capacity growth. This was primarily due to the rise of the USA as an LNG exporter, and expansions in Australia and Russia.  

The completion of the 1^st wave of US LNG projects has set an end to the expansionary cycle and the market is now observing a slowdown in the additions of liquefaction capacity.

• Regasification

Global regasification capacity stands at 993 MT, of which 132.3 MT is floating-based, i.e around 13.3% of total regasification capacity.

While regasification capacity gas been growing steadily, the highest growth rates in regasification capacity were observed during the decade 2000-2010, during which capacity grew at 9% per year on average, followed by the 2010-2020 decade at 5% per year.

While regasification capacity continues to be built, the majority of which in Asia and Latin America, the growth rate has recently slowed down.