Small-Scale LNG Market Analysis In 2018 With Advancements And Comprehensive Study Of Industry Players Like BP, Shell, Total, Air Products, Statoil, Eni, CNOOC, BG Group, ENGIE, The Linde Group, GE Oil & Gas, Skangas, Black & Veatch, Chart Industries, Inc
The Global Small-Scale LNG market accounted for USD 265.25 million tons per annum in 2016 and is projected to grow at a CAGR of 3.0% during the forecast period of 2017 to 2024.
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Forecasting Analysis on Global Small-Scale LNG Market By Type (Liquefaction Terminal, Regasification Terminal) By Application (Heavy-Duty Vehicles, Marine Transport, Industrial & Power). Some of the major players operating in the Global Small Scale LNG Market are-
· Chart Industries Inc.
· The Linde AG
· Air Products & Chemicals Inc.
· Siemens AG
· General Electric (GE Oil & Gas)
Wartsila, Black & Veatch, ConocoPhillips, Plum Energy LLC, BP P.L.C., Royal Dutch Shell plc, BG Group, Kunlun Energy Ltd, Skangass, Total S.A., China National Offshore Oil Corporation, Engie SA, Gazprom, Eni SpA, Pertamina, Statoil ASA are among the other players Mentioned in the Global Small Scale LNG Market.
Small-Scale LNG market report is in-depth study on how the status is for the Oil and gas industry. This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It also includes profiles of leading companies and brands that are driving the market with their recent developments, product launches, joint ventures, merges, and accusations.
The global Small-Scale LNG market report also gives a deep knowledge about market definition, classifications, applications, engagements, industry size, share & revenue and market trends while also showing the CAGR figures for the Forecast years 2018-2025. SOWT analysis is used to find the market drivers and restrains.
· In March 2018, Okra Energy awarded the power generation contract for Peru’s first Small-Scale Natural Gas Liquefaction (ssLNG) facility.
· In February 2018, ICE developed new small-scale LNG carrier concept.
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The Global Small Scale LNG Market is specially targeted in the places where there is less production of LNG and does not require large LNG liquefaction plants. Growing demand for small scale LNG in heavy-duty vehicles, marine transport and industrial & power activities is expected to be one of the major drivers of the market over the next seven years.
The Global Small Scale LNG Market is segmented-
· By Type
o Liquefaction Terminal
o Regasification Terminal
· By Application
o Heavy-Duty Vehicles
o Marine Transport
o Industrial & Power
· By Geography
o North America
o South America
Major Market Drivers:
· Energy cost advantage of LNG over alternate energy sources
· Environmental benefits
· Fiscal regime and subsidies by governments
· High initial cost for LNG terminals
· Lack of pipeline Infrastructure in Asia-Pacific.
Report Coverage: Global Small-Scale LNG Market
· Provides profiles of major competitors of the market.
· Details of their operations, product and services.
· Recent developments and key financial metrics.
· All segmentation provided above in this report is represented at country level and can be customized according to needs.
· All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation.
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Japan LNG Demand Forecast 2016
The natural gas production is very limited in Japan as compared to the consumption rate. The production of natural gas in Japan is mainly associated with the companies named International Petroleum Exploration Corporation (INPEX), JAPEX, Mitsubishi, Mitsui, Nippon Oil. Other Japanese oil and gas companies are actively involved in domestic and international natural gas exploration and production. The natural gas is mostly consumed by power sector, residential/commercial sector and industrial