Global Liquefied Natural Gas (LNG) Developments 2015 : New Supply Options from the United States and Australia Positioned to Transform Global LNG Landscape
This study highlights the market trends that have triggered global LNG industry growth Global natural gas demand is likely to increase at a growth rate of 2%, driven by Asia-Pacific with countries such as Japan, China, and India absorbing high volumes of LNG With the glut of natural gas supply in Australia and recent developments in US shale gas production, LNG trade will expand tremendously Going forward, Frost & Sullivan forecasts this market to become a buyers’ market, where LNG prices will be linked to both crude oil and Henry Hub gas prices The base year used for analysis is 2014; forecasts run 2015 to 2025
Key Findings
-The oil and gas industry is a volatile one, where new technologies and developments play a big role in shaping the dynamic landscape
-The LNG market has progressed a great deal as a result of these developments
-Compared to pipeline, LNG provides flexibility to regions that lack domestic gas resources, and thus bridges the gap between the gas-rich and gas-deficit regions
-On the demand side, most of the LNG consumption originates from the Asia-Pacific regions Japan consumes about % of the world’s total LNG supply, followed by China and India -On the supply side, Qatar has, so far, controlled the world’s LNG supply market
-However, technological advancements in terms of hydraulic fracturing have resulted in significant gas production from the shale gas reserves in the United States
-This is a game changer for the United States, which will no longer be gas-deficit and dependent on LNG imports
-On the other hand, Australia’s new liquefaction capacity is likely to come online by 2016, which will act as an enabler in meeting the growing LNG demand
-The availability of excess LNG will make the market a buyers’ place, where consumers will have the advantage to procure LNG at negotiable prices In addition, LNG consumers are likely to move away from crude oil-linked LNG contracts
Our reports have been used by over 10K customers, including:
Large-Scale LNG Terminals Market Research Report by Type (Offshore and Onshore), by Technology (Liquefaction and Regasification), by Uses - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market Statistics: The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and...
LNG Liquefaction Industry Outlook in North America to 2024 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Liquefaction Terminals Summary "LNG Liquefaction Industry Outlook in North America to 2024 - Capacity and Capital Expenditure Outlook with Details of All...
This IDC Market Perspective provides an overview of the EMEA oil and gas industry in 3Q20. It covers M&As, agreements, reorganizations, and major business developments; upstream, midstream, and downstream deals; global LNG contracts; EPC deals; major ICT ecosystem acquisitions and agreements; and ICT contract wins."Pandemic-proof business...
Global LNG Regasification Industry Outlook to 2024 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Regasification Terminals Summary The global regasification capacity increased from 36,562.4 bcf in 2014 to 45,103.6 bcf in 2019 at an AAGR of 4.2 percent. It is...
MENA Oil and Gas 2021 with COVID-19 Impact Update - Outlook for Oil, Gas and Petrochemicals Projects in the Middle East and North Africa in 2021 - MEED Insights Summary Middle East oil and gas is entering an expansive period as regional firms undertake major field development programmes, expedite...
Marcellus and Utica Shales in the United States of America (USA) - Gas Shale Market Analysis and Outlook to 2021 Summary The Appalachia Basin which is made up of the Marcellus formations and the Utica Shale, accounted for more than 40% of the natural gas produced in the United States in 2020.Most...
Global Planned LNG Industry Outlook to 2024 - Capacity and Capital Expenditure Outlook with Details of All Planned Terminals Summary Globally, 90 new-build (planned and announced) liquefaction and regasification terminals are expected to start operations between 2020 and 2024.Of these, 25 are liquefaction...
252 pages •
By Asia Market Information & Development Company
• Sep 2020
China’s demand for LNG Systems has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption...
Global Small-Scale LNG Liquefaction Capacity and Capital Expenditure Outlook, 2020-2024 - North America leads Globally on Capacity Additions and Capital Expenditure Outlook Summary Global small-scale liquefied natural gas (LNG) liquefaction capacity is expected to grow by 53 percent during the outlook...
The natural gas vehicle market was valued at US$17,100.00 million in 2019 and is projected to reach US$ 28,805.75 million by 2027; it is expected to grow at a CAGR of 6.9% from 2020 to 2027. Natural gas is popularly being used as an alternative fuel due to established distribution networks, easy domestic availability, and low cost and...
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.