Global Planned LNG Market Outlook, LNG Price Forecast, Process, Project, Overview, Industry Demand 2025

In the last step, natural gas is cooled to 160C to form LNG. The global planned LNG market is expected to grow at a CAGR of 5.0% from 2017 to 2025.

Planned LNG refers to expanding the capacity for regasification and storage terminals of LNG. Liquefied natural gas (LNG) is produced by converting natural gas into liquid state by exposing it to temperatures as low as 160C. The LNG production process includes five stages or steps, namely, pretreatment, acid gas removal, (global lng market outlook) dehydration, liquefaction, and heavy oil separation. The first four steps involve the removal of pollutants like H2S and CO2, undesirable substances, water, and mercury. Water is removed to prevent ice formation during the heavy oil separation stage.

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By Type
• Liquefaction Terminal
o Offshore
o Onshore (global lng supply and demand)
• Regasification Terminal
o Offshore
o Onshore

Key Point from Table of Content
6. Company profiles
6.1. Chevron Corporation
6.1.1. Overview (lng process market)
6.1.2. Financials and business segments
6.1.3. Recent developments
6.2. ConocoPhillips Co.
6.2.1. Overview
6.2.2. Financials and business segments
6.2.3. Recent developments
6.3. Emirates LNG LLC
6.3.1. Overview
6.3.2. Financials and business segments
6.3.3. Recent developments
6.4. Freeport LNG Development
6.4.1. Overview (lng terminal market)
6.4.2. Financials and business segments
6.4.3. Recent developments

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Based on type, the global planned LNG market is segmented into liquefaction terminal and regasification terminal. Liquefaction and regasification terminals are further bifurcated into liquefaction offshore & onshore terminals, and regasification offshore & onshore terminals. Geographically, the market is segmented across North America, Europe, Asia-Pacific, and LAMEA regions.

Market Dynamics:
Drivers:
• The global planned LNG market is driven by the extent of technical advancements in the industry coupled with the discovery of new offshore gas reserves.
• Fluctuations or unpredictability in crude oil supply is also fueling the demand for LNG.

Restraints:
• High storage cost of LNG and manufacturing cost of LNG terminals is expected to hinder market growth during the forecast period.

Market Players:
The top players in the global planned LNG market include Chevron Corporation, Queensland Gas Co. Ltd., Nippon Gas Co. Ltd., Royal Dutch Shell plc, Freeport LNG Development, Petrleo Brasileiro S.A., Skangass AS, Emirates LNG LLC, ConocoPhillips Co., and Southern Union Company.

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By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe

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