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Global Project Data

According to Energy Web Atlas and Hydrocarbon Processing’s Construction Boxscore Database, more than 400 active gas processing/LNG projects are under development. The Asia-Pacific and US regions account for just over half of all active gas processing/LNG projects globally. Qatar continues to be the largest exporter of LNG; however, Australia is on the back end of its LNG buildout. Australia has more than 70 MMtpy of LNG export capacity and is challenging Qatar—which has 77 MMtpy of capacity—for the top LNG exporter. The US is building out its LNG export capacity, as well. Total US LNG export capacity is forecast to surpass 70 MMtpy by the end of the decade. GP

 

GP0818 Global Project Data Fig 01
 

 

GP0818 Global Project Data Fig 02
 New gas processing/LNG project announcements, June 2017-present

 

GP0818 Global Project Data Fig 03
 Market share analysis of active gas processing/LNG projects by region

 

 


Copyright © 2019. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

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FEATURED COLUMNS

Editorial Comment: The Future of FLNG: Less is More?
-Adrienne Blume
Global LNG export capacity is expected to increase by 45% between 2017 and 2022, to more than 400 metric MMtpy, with 90% of the new capacity coming from sanctioned projects in the U.S. and Australia. By 2050, this capacity is anticipated to exceed 700 MMtpy. Regasification capacity is anticipated to increase even more sharply.
Executive Viewpoint: Back to production: Where we’re going, we don’t need pipelines
-Mark Casaday
What if a cost-effective way existed to extract and distribute natural gas, regardless of proximity to pipeline, and bring those assets back to production? What if the industry went in a direction that did not need pipelines? For those looking to monetize unproductive natural gas assets or bring unproductive wells back to production, it would be revolutionary.
Regional Focus:Australia to boost LNG exports despite domestic gas shortage
-Eugene Gerden
Australia is planning further increases in LNG production and exports over the next decade, despite quickly depleting reserves and a looming supply shortage in the domestic market.


GasPro 2.0: A Webcast Symposium

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Following on the heels of the highly successful GasPro 2.0 Webcast Symposium in October 2018, the second GasPro Webcast Symposium 2.0 will take place on October 24, 2019.

The 2019 web event will gather experts in the fields of LNG, gas processing, and gas transport/distribution to share their operations expertise, engineering and design solutions, and technology advances and trends with our audience.

Attendees will learn about technology and operational solutions and deployments in a number of areas: plant design and expansion, construction, NGL production, optimization, sulfur removal, marine operations and separation technology.

October 24, 2019 08:30 AM CDT

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