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Project Insights

Global LNG export capacity to rise 50% by 2025

Global LNG export capacity continues the rapid growth seen in recent years with the startup of US LNG export plants Global LNG export capacity continues the rapid growth seen in recent years with the startup of US LNG export plants.
By Andrew Walker 25 April 2019 Asia Pacific / LNG 0 34166
The Meridian Spirit loading a cargo at Sabine Pass. (Cheniere)

The key issue: There are many LNG export projects around the world looking to take FIDs this year and next, which could increase the size of the market by 50% over the next five-to-six years.

Interfax analysis: The LNG industry will see a rapid growth in export capacity by the end of 2025 as companies line up to take FIDs on large greenfield and multi-train expansions of existing plants this year.

Global LNG export capacity could increase by around 50% by the end of 2025, to...