LNG Regasification Terminals Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies including details of New Build and Expansion (Announcements and Cancellations) Projects, 2022-2026
The global liquefied natural gas (LNG) regasification terminals capacity was 53.9 trillion cubic feet (tcf) in 2022. Globally, 26 new LNG regasification terminals were announced, eight terminals were stalled, and four terminals were canceled. Asia continues to lead globally among the regions, in terms of new build and expansion regasification capacity growth. Among countries, China leads globally followed by India and Philippines.
LNG Regasification Terminals Market Overview
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What are the major planned projects in the LNG Regasification terminals industry?
The major planned projects in the LNG Regasification terminals industry are Kakinada GBS Floating, Thessaloniki Floating, Mangaluru Floating, Le Havre Floating, and Brunsbuettel Floating. Kakinada GBS Floating is an announced offshore LNG regasification terminal expected to start operations by 2024 in Bay of Bengal, India. Thessaloniki Floating is an announced offshore LNG regasification terminal in the Aegean Sea, Greece, and is expected to start operations in 2025. Mangaluru Floating is an announced offshore LNG regasification terminal in Karnataka, India, and is expected to commence operations by 2025. Le Havre Floating is an announced offshore LNG reg asification terminal in the North Atlantic Ocean, France, and is expected to start operations by 2026. Brunsbuettel Floating is an announced offshore LNG regasification terminal in Hamburg, Germany, and is expected to start operations in 2023.
What is the regional outlook of the LNG Regasification terminals industry?
The key regions in the LNG Regasification terminals industry are Africa, Asia, Caribbean, Central America, Europe, the Former Soviet Union, the Middle East, North America, Oceania, and South America.
Africa
Morocco, South Africa, Mozambique, Senegal, and Mauritius are the key countries in Africa accounting for majority of the LNG regasification capacity of the region.
Asia
China, Vietnam, Philippines, India, and Pakistan are the key countries in Asia accounting for majority of the LNG regasification capacity of the region.
Caribbean
Aruba and Bahamas are the key countries in Asia accounting for majority of the LNG regasification capacity of the region.
Central America
El Salvador and Panama are the only countries in Central America which are expected to spend during the outlook period.
Europe
Germany, Greece, Belgium, Poland, and Croatia are the key countries in Europe accounting for majority of the capacity growth in the region.
The Former Soviet Union
Estonia and Latvia in FSU account for the entire capacity growth in the region. Estonia is expected to spend the new build capex on the development of two upcoming onshore LNG regasification during the outlook period.
North America
The US is the only country in North America, which is expected to spend on the development of the upcoming LNG regasification terminal in the outlook period.
Oceania
Oceania’s entire planned and announced capex will be spent by Australia alone during the outlook period.
South America
Colombia, Brazil, Ecuador, and Chile are the countries in South America, accounting for accounting for majority of the capacity growth in the region.
LNG Regasification Terminals Market by Regions
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What are the key companies in the LNG regasification terminals market?
The key companies in the LNG Regasification industry are Shell plc, The Blackstone Group Inc, Exxon Mobil Corp, Koninklijke Vopak NV, China Petrochemical Corp, POLY GCL Petroleum Investment Ltd, Korea Gas Corp, SK Inc, China National Petroleum Corp, and Publigaz SA.
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Market report scope
Market volume (2022) | 53.9 tcf |
Forecast period | 2022-2026 |
Key regions | Africa, Asia, Caribbean, Central America, Europe, the Former Soviet Union, North America, the Middle East, Oceania, and South America |
Key companies | Shell plc, The Blackstone Group Inc, Exxon Mobil Corp, Koninklijke Vopak NV, China Petrochemical Corp, POLY GCL Petroleum Investment Ltd, Korea Gas Corp, SK Inc, China National Petroleum Corp, and Publigaz SA |
This report provides:
- Historical LNG regasification capacities data from 2016 to 2021, outlook up to 2026.
- New build and expansion LNG regasification capacity additions key countries.
- New build and expansion capital expenditure outlook by key countries and companies globally.
- Total capex of new build and expansion LNG regasification projects by region, key countries, and companies.
- Details of major planned and announced LNG regasification projects globally up to 2026.
Reasons to Buy
- Obtain the most up to date information available on the LNG regasification projects globally.
- Identify growth segments and opportunities in the global LNG regasification industry.
- Facilitate decision making based on strong historical and outlook of key LNG regasification projects data.
- Develop business strategies with the help of specific insights about the planned, announced, and expansion LNG regasification projects globally.
- Assess your competitor’s planned LNG regasification projects and capacities.
Table of Contents
List of Tables
List of Figures
Frequently Asked Questions
Global liquefied natural gas (LNG) regasification capacity was 53.9 trillion cubic feet (tcf) in 2022.
The key regions in the LNG Regasification industry are Africa, Asia, Caribbean, Central America, Europe, the Former Soviet Union, the Middle East, North America, Oceania, and South America.
The key companies in the LNG Regasification industry are Shell plc, The Blackstone Group Inc, Exxon Mobil Corp, Koninklijke Vopak NV, China Petrochemical Corp, POLY GCL Petroleum Investment Ltd, Korea Gas Corp, SK Inc, China National Petroleum Corp, and Publigaz SA.
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