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

09-02-2021 02:56 PM CET | Energy & Environment

Press release from: Mobility Foresights

US LNG Market Top Key Players - Cheniere Energy, Royal Dutch

Natural gas can be converted into a liquid known as US Liquefied Natural Gas (US LNG). At 162ºC in the presence of atmospheric pressure, natural gas is converted to a liquid. After liquefaction, the amount of natural gas is reduced to 1/600 of its original amount, and it is easy to transport from one place to another compared to other fuel energy sources.

US LNG Market is a cost-effective product and can are used as both fuel and raw material. This is a fast growing industry So It Sustainable Long Duration and Fortified Production Process Industry . It Pure Methane Gas, so it provides a clean operation environment and the operating cost of is maintenance.

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US LNG MARKET DYNAMICS

• Growing US LNG Market production is fueling lively discussion about the future of natural gas exports. Unleashing the future growth of natural gas consumption means intensifying domestic competition as Asia's major consumer countries open up new markets.

• Several major Asian importers of natural gas, Japan and South Korea, are major energy sources. These import requirements are met through extensive long-term deals with the United States as part of our ongoing supply and requirements.

• Although expected to be a net import of natural gas to the United States, Russian state-owned Gazprom had a prominent position in the European market. The US shale gas production boom has replaced this. The U.S. has traded gas geographically through pipelines for decades, but the shale boom has enabled the export of U.S. liquefied natural gas, competing two gas giants.

• The US LNG market, driven by market dynamics, the country has become a net LNG exporter to various countries including various European Union countries. As the use of gas for power plants increases, the interdependence between the gas and power sectors has the potential to create regional reliability issues.

US LNG MARKET SEGMENTATION

The US LNG Market 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

COMPETITIVE LANDSCAPE

When the IMO 2020 regulations go into effect in early 2020, interest in LNG as a marine fuel will increase, helping to reduce emissions, improve efficiency and drive cost benefits. The industry has been investing in infrastructure ahead of demand, but continued investment over the next few years will support the use of LNG as a fuel for ships.

The US LNG market is adopting and accepting one of the most influential significant reserves of LNG regasification and production plants in a global scenario. As more countries aim to shift their energy dependence on cleaner fuels than coal or oil, companies are investing in America's natural resources.

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/

Contact:
Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: Send Email
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

About Us:
We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment. We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.

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