LNG Liquefaction Industry Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Operating and Planned Liquefaction Terminal Projects, 2021-2026
Summary
Global liquefaction capacity increased from 346 mtpa in 2016 to 464 mtpa in 2021 at an AAGR of 5.9%. It is expected to increase from 464 mtpa in 2021 to 824 mtpa in 2026 at an AAGR of 11.5%. Australia, Qatar, the US, Indonesia, and Malaysia are the key countries globally that accounted for over 65% of the total liquefaction capacity of the world in 2021. Badak (Indonesia), Sabine Pass Export (US), and Nigeria (Nigeria) are the three largest liquefaction terminals in the world. Each of Badak and Sabine Pass Export has a capacity of 22.5 mtpa and became operational in 1977 and 2016, respectively. Nigeria liquefaction terminal has 21.9 mtpa of capacity and started operations in 1999.
Scope
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