‘Global LNG Market Worth $73.2bn In 2016’ Says Visiongain Report

06 September 2016
Energy

Visiongain’s definitive new 851 page LNG Yearbook 2016: The Ultimate Guide to Liquefied Natural Gas Infrastructure 2016-2026: Capex Forecasts For Large-Scale Onshore Liquefaction Plants (Export) & Regasification (Import) Terminals, FLNG, FPSO, FSRU Vessels, Small-Scale LNG Bunkering, Fuelling, Satellite Stations & LNG Carriers GTT No. 96, T-Mark III & Mark III Flex, Moss Rosenberg & SPB Technologies indicates that the global LNG infrastructure market including large and small scale, FLNG and carriers will experience a Capex of $73.2bn in 2016..

The lead analyst of the report commented: “The bulk of US and Australian LNG exports will come online by 2020-2021, at which time any further developments are likely to be more incremental, both for domestic political reasons and because of demand saturation. The upsurge in liquefaction capacity is expected to be matched by growing regasification capacity. However, the facts that China’s growth prospects remain significantly below earlier expectations and that Japan is restarting some of its nuclear power capacities point toward an oversupplied market. These factors, paired with already historically low oil prices, create further downward pressure on LNG prices and the spread between importing and exporting markets.”

The 851 page report contains 622 tables, charts and graphs that add visual analysis in order to explain developing trends within the LNG market. Visiongain provides annual capital expenditure (CAPEX) and capacity forecasts for the period 2016-2026 for the global market, as well as for the large and medium scale infrastructure, small-scale LNG, FLNG and LNG carrier markets. Forecasts are also broken down into large and medium liquefaction and regasification, LNG FPSO and FSRU vessels, small-scale liquefaction and regasification, LNG satellite stations, LNG bunkering facilities and LNG fuelling facilities while the LNG carrier forecast is divided into GTT No. 96, T-Mark III & Mark III Flex, Moss Rosenberg and SPB technologies.

The report also includes market forecasts and analysis for 30 national LNG markets, and gives country outlooks for 53 countries. The forecasts and analysis incorporate extensive primary and secondary data-driven economic, social, and political trends.

The report gives a detailed account of the factors that led to the 2014 oil price collapse, factors that presently exert downward pressure on the price, and a forecast for a future oil price. The report analyzes how this impacts the LNG price, incorporates research into Capex and capacity trends in the overall LNG industry (onshore and floating as well as small-scale and carriers). It details technical issues and recent developments in technology. The report outlines how these factors will impact LNG infrastructure spending until 2026.

A detailed global chapter is provided on each of the LNG infrastructure submarkets included in the report, including large-scale onshore, small-scale LNG, floating LNG and LNG carriers.

For more details on the LNG Yearbook 2016: The Ultimate Guide to Liquefied Natural Gas Infrastructure 2016-2026: Capex Forecasts For Large-Scale Onshore Liquefaction Plants (Export) & Regasification (Import) Terminals, FLNG, FPSO, FSRU Vessels, Small-Scale LNG Bunkering, Fuelling, Satellite Stations & LNG Carriers GTT No. 96, T-Mark III & Mark III Flex, Moss Rosenberg & SPB Technologies please contact sara.peerun@visiongainglobal.com

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the energy, telecoms, pharmaceutical, defence and materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

“The Gas Insulated Substation (GIS) market will see a capital expenditure (capex) of $21,018mn in 2019” says Visiongain report

Gas Insulated Substation market is expected to witness moderate growth on account of ongoing government plans toward expansion of transmission and distribution networks.

12 September 2019

Read

“Growing demand for solar thermal collectors from various industrial, commercial, and residential sector is anticipated to provide positive scope for market growth for 2019-2029”, says Visiongain report

Asia Pacific was the largest market in 2018 in terms of revenue and is expected to dominate the industry over the coming years. Rapid industrialization in China, Japan, India, Southeast Asia, and South Korea is expected to offer lucrative opportunity for solar thermal collector manufacturers to increase their production facilities to cater growing industry requirements.

05 September 2019

Read

“Well Casing & Cementing Market spending will reach $14.87bn by 2029 from an estimated $9.8bn in 2019”, says Visiongain report

The casing machinery is used primarily to support the well as without support the raw side of the well would crash. The various kinds of enclosure include conductive enclosure, surface enclosure, intermediate enclosure, manufacturing enclosure, and liner.

05 September 2019

Read

“The worldwide switchgear market is expected to achieve $152.5bn by 2029”, says Visiongain report

The study divides the switchgear industry into GIS and AIS by isolation. It is anticipated that the GIS form will hold the biggest market share by 2029. They are primarily used in industrial fields to meet high energy requirements by designing minimal cost space-saving.

05 September 2019

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever