US LNG Market Top Key Players - Cheniere Energy, Royal Dutch Shell, Total Industries, Exxon Mobil, Novatek, Petronas, Freeport LNG

US LNG is a cost-effective product and may be used as both fuel and raw material, it is a fast growing industry so it will be sustainable for long periods and enhanced production processes in industries. It is pure methane gas, so it provides a cleaner working environment with low operational and maintenance costs.

Natural gas is one of the world’s most important sources of energy. Today, approximately 30% of the world’s energy needs are met with this gas. Most of it is supplied in gaseous form by pipeline.
However, over the past two decades, Liquefied Petroleum Gas (LPG), Natural Gas Liquids (NGL) and Liquefied Natural Gas (LNG) have become much more important in the world’s energy market. Natural gas and LNG in particular are expected to play an essential role in the world’s transition to cleaner sources of energy.

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US LNG MARKET DYNAMICS
Increased natural gas production in the United States has fuelled a lively debate on the future of natural gas exports. Unlocking future growth in natural gas consumption implies greater domestic competition, triggered by further market opening in major Asian consuming countries.

The United States was expected to become a net importer of natural gas, while Russia’s state-owned Gazprom took a prominent position in the European market. The boom in US shale-gas production changed that. While the United States had been trading gas regionally by pipeline for decades, the shale boom allowed for the export of US liquefied natural gas, putting the two gas giants in competition.

US LNG MARKET SEGMENTATION

The US Market of LNG can be segmented into following categories for further analysis.

By Installation Type
• Transportation Fuelling
• Military Aircraft Fuelling
• Power Generation
• Other requirements

By Application
• Residential Application
• Commercial Application
• Industrial Application
• Military Application
• High-Capacity User Application

By Integration / Structure Type
• Private Partnership Only
• Public Private Partnership
• Program based Public Private Partnership

By Technology Production Type
• APCI Liquefaction Technology
• Cascade Liquefaction Technology
• Other Liquefaction Technology
• Patented Liquification Technology
• Un Patented Liquefaction Technology

By Ownership Model Operation Type
• Self-Paying Individuals
• Government Sponsored establishments
• Commercial establishments

By Regional Classification
• Western Region – USA
• Mid-West Region – USA
• Northeast Region – USA
• Southern Region – USA

RECENT MARKET TECHNOLOGICAL TRENDS IN US LNG MARKET
Virtually all operating large scale liquefaction facilities use liquefaction process technology developed by U.S. companies. The production of LNG from natural gas is based on three main processes: gas treating, dehydration, and liquefaction. Treating results in the removal of impurities from the raw gas and these comprise entrained particulate matter, mercury, and acid gases such as H2S and CO2.

The most common liquefaction process currently used for land-based LNG plants is the APCI-C3MR. The feed natural gas stream is essentially precooled with a propane refrigerant and the liquefaction is completed with a mixed refrigerant which is a mix of nitrogen (N2), ethane (C2), methane (C1), and propane (C3).

The evolutionary approach has benefited the industry. The well-established LNG technology has given the US LNG Market a better outreach towards the LNG EPC bidders to integrate a level of confidence to bid on a lump sum turnkey basis, increasing the execution certainty of the companies developing LNG plant projects.

COMPETITIVE LANDSCAPE
The US LNG Market adopts and houses one of the most influential and important reserves of LNG Regasification and Production plants in the global scenario. As more countries aim to shift their energy reliance to cleaner-burning fuel than coal or oil, companies are investing in the United States of America’s natural resources.

The Alaska LNG Mega-project will be one of the world’s biggest natural gas developments. Located in the industrial town of Nikiski, on Alaska’s Kenai Peninsula, the project includes a full LNG liquefaction plant, a storage and shipping terminal, an 800-mile pipeline running from the North Slope to the facility and a gas treatment plant.

COMPANIES PROFILED
Cheniere Energy
Royal Dutch Shell
Total Industries
Exxon Mobil
Novatek
Petronas
Freeport LNG
Royal Vopak
Steelhead LNG
Enpex Corporation

Read More Information: https://mobilityforesights.com/product/us-lng-market/

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