“Liquefied Natural Gas (LNG) Infrastructure is set to grow rapidly in line with increasing demand for LNG globally as we transition away from coal and oil” says new Visiongain report
11 March 2019
Visiongain has launched a new energy report The Top 20 LNG Infrastructure Companies 2019: Company Revenues and Analysis of the Top 20 Leading Companies in the Liquid Natural Gas Infrastructure Market by Capacity (MTPA) and Revenue. Plus, SWOT and PEST Analysis of the Market.
Natural gas is conventionally transferred via pipelines. However, offshore pipelines are less viable and are generally limited to short to medium distances offshore. Numerous maritime countries such as Japan, Australia and Indonesia have no direct pipelines connecting them to their natural gas trading partners. Therefore, to transport the natural gas across the water a process known as cryogenic liquefaction is performed. This creates LNG and reduces the volume of gas to 600th of its original volume, making it feasible to transport the LNG in a specialised LNG carrier. After the LNG is transported it can be regasified at an on- or off-shore regasification terminal, stored for regasification at a later date, or used in LNG form as a fuel for ships or land-based vehicles.
There are a number of exciting LNG liquefaction prospects around the world in 2016, both under construction and perspective. The question is whether the demand of East Asia will be strong enough to support the economics of an abundant supply of liquefaction opportunities. The decline of the US as an import market for LNG has troubled financiers but has been balanced by demand in Asia, East Asia and emerging demand in South America.
The Visiongain report analyst commented "The future for LNG is looking bright as global demand for gas remains strong as countries continue developing and population grows. LNG is an aid to governments in trying to reduce their carbon footprint while continuing to meet the energy demands of its people. LNG is able to provide the solution to the problem of geographically separated suppliers and customers and is expected to be the primary fuel for at least the next decade or until a cleaner and more efficient energy source is discovered."
The report contains 114 tables, charts and graphs that add visual analysis to explain developing trends within the companies and LNG Infrastructure market as a whole. Visiongain provides detailed individual profiles for each of the top 20 companies in LNG Infrastructure in 2019 and beyond. Each profile reveals the company’s total revenue and where possible, revenue from LNG activities.
The Top 20 LNG Infrastructure Companies 2019 report will be of value to anyone who wants to better understand the major companies in the LNG market and their underlying dynamics. It will be useful for businesses who wish to comprehend the market better they are already involved in, or those wishing to enter or expand into a highly promising global energy market.
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