LNG Infrastructure Market to Reach $55B
There are a number of exciting LNG liquefaction prospects around the world in 2016, both under construction and prospective.
The question is whether the demand of East Asia is strong enough to support the economics of an abundant supply of liquefaction opportunities.
A report by Visiongain tackles that question, forecasting the feasibility and likelihood of further liquefaction and regasification investment around the world.
In doing so, it makes judgement calls about individual projects under construction and in planning; both in terms of the EPC costs and how likely they are to proceed.
As more LNG infrastructure is constructed, an increasingly complex global LNG trade is evolving; one that is becoming ever more important to the shape of the global energy industry.
Visiongain assesses that capital expenditure on the development of large-scale onshore LNG liquefaction and regasification terminals will reach $55.08bn in 2016.
The construction of large-scale onshore liquefaction and regasification terminals is a function of the development of the global LNG industry.
Investment in such infrastructure is dictated by unique supply and demand circumstances in different geographies, such as the US unconventional oil and gas boom and the future of Japanese nuclear power generation.