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Global LNG production is expected to increase by 40% to reach almost 670 million tonnes per year by 2028 – the largest LNG capacity increase in the history. LNG demand is estimated to nearly double by 2035. The LNG tanker fleet is following suit, with the number of vessels on order and in operation now exceeding 1,000, surpassing the number of VLCCs.
Our latest report provides an in-depth look at this growth, examining trends across key regions including Argentina, Australia, China, Denmark, Germany, India, Malaysia, Mexico, Poland, UAE, Qatar, Oman, UK, US, Singapore/Southeast Asia, Netherland & Belgium and highlighting the opportunities and challenges shaping the market. With rising demand for cleaner energy sources, the report explores opportunities for the full LNG value chain, from liquefaction and floating production facilities to shipping and regasification infrastructure.
The key insights include LNG activities and projects in the different markets including Floating LNG (FLNG), Floating Storage and Regasification Units (FSRU), LNG as fuel and terminals.
This report is useful for anyone looking for opportunities, understanding the future of the LNG market and the strategic opportunities across major global regions.