31 July 2019
Visiongain has launched a new energy report LATAM Small Scale LNG (SSLNG) Market Forecast 2019-2029: Forecasts by Capex ($mn) and Capacity (TTPA), by Type (Liquefaction, Regasification, Satellite Stations, Bunkering Facilities for Vessels and Fuelling), by Country for the Latin American Region. Plus, Profiles of Major Companies.
Small Scale LNG is used to supply small or isolated demand centers not connected to pipeline infrastructure, small scale LNG infrastructure is now increasingly deployed to cater to the growing demand for LNG as a transport fuel.
Natural gas can be transported from gas production centres to consumption centres in the form of liquefied natural gas (LNG) through ships and pipelines. Natural gas can be transported in ships and trucks to locations that are not connected to pipelines. Transportation of LNG takes place between exporting terminal (liquefaction plant) to importing terminal (regasification plant).
Small scale liquefaction and regasification infrastructure are ideally placed to assist with the development of stranded assets, the supply of remote residential and commercial demand centers but also the provision of LNG as a fuel.
Small-scale LNG import terminals are the most economic option for such nations which have just started adopting LNG as a fuel in their respective industries. Several small nations are importing or planning to import LNG in small quantities specifically to cater to the feeling requirements of the power generation industry.
The Visiongain report analyst commented "The Latin American region for small-scale LNG is likely to see large developments over the coming decade as many of the countries in the region begin to grow their oil and gas industry. LNG will be slower to take off as it will take time for them to build their fleet. LNG is becoming a more important fuel due to its lower emissions than classic oil and the world will need as much as it can get. Latin America will be an important supplier of LNG for years to come."
Leading companies featured in the report who are involved in Small Scale Liquefied Natural Gas (LNG) include Gasnor Shell, Gasum, Gazprom, Wartsila, Prometheus Energy Company, Petronas, EcoElectrica Inc., Air Products and Chemicals, Inc., ENN Energy Holdings Limited, Sinopec Corp, Petroperu, AES Republica Dominicana and ENARSA.
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