Planned LNG Terminals Market - Global Analysis, Competitive Landscape and Capacity Forecasts to 2017
"Planned LNG Terminals Market - Global Analysis, Competitive Landscape and Capacity Forecasts to 2017" is the latest report from GlobalData, the industry analysis specialists, that analyses the planned LNG terminals market with the competitive landscape and capacity forecasts to 2017. The report provides information about the planned LNG liquefaction and regasification markets during 2012-2017. The report gives a detailed information on the planned LNG terminals that will commence operations globally by 2017, the major countries accounting for the LNG capacity additions and the dominating companies in the liquefaction and regasification capacity additions.. The report also provides key issues and challenges for the industry in the current industry environment.
The report is built using the data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData's team of industry experts.
This report provides detailed analysis of the planned LNG terminals market with the competitive landscape and capacity forecasts to 2017. The report primarily focuses on -
Issues and challenges for planned LNG markets
Major contribution towards LNG liquefaction capacity additions from the top countries
Major contribution towards LNG liquefaction capacity additions from the top companies
Major contribution towards LNG regasification capacity additions from the top countries
Major contribution towards LNG regasification capacity additions from the top companies
Competitive analysis taking into account the global LNG liquefaction capacity additions by top five companies
Competitive analysis taking into account the global LNG regasification capacity additions by top five companies
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The report will enhance your decision-making capability. It will allow you to -
Develop business strategies with the help of specific insights into the planned LNG liquefaction and regasification markets.
Identify opportunities and challenges in the LNG liquefaction and regasification markets.
Plan your strategies based on expected developments in the global LNG market.
Understand the competitive landscape of this emerging LNG market.
Keep yourself informed of the key developments in this potential planned LNG market.
Global Planned LNG terminals, planned LNG liquefaction capacity, planned LNG regasification capacity, key planned LNG terminals, LNG capacities by countries and companies
Figure 46: Planned LNG Regasification Market, South and Central America, Planned LNG Regasification Capacity (MMtpa), 2012-2017 113
Figure 47: Planned LNG Regasification Market, South and Central America, Capacity Share (%), 2017, and Capacity Growth (%) by Countries, 2012-2017 114
Figure 48: Planned LNG Regasification Market, South and Central America, Capacity Share (%), 2017, and Capacity Growth (%) by Company, 2012-2017 116
Figure 49: Planned LNG Liquefaction Market, Top Companies by Planned LNG Liquefaction Capacity Addition, 2012-2017 119
Figure 50: Planned LNG Regasification Market, Global, Share of Top Companies in Planned LNG Regasification (%), 2012-2017 121
Planned LNG Terminals Market - Global Analysis, Competitive Landscape and Capacity Forecasts to 2017 published by GlobalData in August 1, 2012. This report consists of Pages: 127 and the price starts from US $ 3995.
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Asia-Pacific Will Lead the World in Planned LNG Liquefaction and Regasification Capacity Additions by 2017
August 6th, 2012
Global Information Inc. would like to present a new market research report, "Planned LNG Terminals Market - Global Analysis, Competitive Landscape and Capacity Forecasts to 2017" by GlobalData.
Asia-Pacific will lead the world in planned LNG liquefaction as well as regasification capacity additions during the 2012-2017 period. The region will contribute about 47.4% to the global planned liquefaction capacity additions by 2017, while its contribution to the global planned regasification capacity additions during this period will be about 42.7%.
Australia, the US, Russia, Papua New Guinea and Nigeria will be the major contributors to the planned global liquefaction capacity additions by 2017. India, China, Italy and France will be the key contributors to the planned regasification capacity additions during this period. Additionally, the US also has significant regasification capacity additions planned during this period. However, due to the countrys success in shale gas production, several planned regasification terminals in the US are expected to be cancelled.
Floating LNG Terminals Will Account for a Significant Share in Global Planned LNG Liquefaction and Regasification Capacity by 2017
Floating LNG production and regasification terminals will form a significant share in the total global planned LNG capacity additions by 2017. Floating LNG production technology, which until only recently was just a concept, will gain momentum during the 2012-2017 period. This will lead to the construction of several planned floating LNG terminals.
These floating LNG liquefaction and regasification terminals will be set up globally during this period for their economical nature and easy drilling functions. Countries such as Australia, Indonesia, Papua New Guinea and Nigeria will witness the completion of new floating LNG liquefaction terminals in the forecast period. Sunrise Floating LNG (FLNG) and Prelude FLNG in Australia and the Abadi FLNG in Indonesia are some of the major FLNG liquefaction plants that are planned to commence operations during the forecast period The global planned LNG regasification market will also see a surge in the completion of several floating regasification terminals. These terminals will be set up in several countries including Bangladesh, Brazil, China, India, Indonesia, Italy, Jamaica, the UEA, the UK and the US.
Increasing Shale Gas Production in the US and Canada Will Spur LNG Exports from North America
North America is set to amass a significant LNG liquefaction capacity during the 2012-2017 period. This capacity addition is driven by the significant commercial production of shale gas in the region, especially in the US. Shale gas accounted for 14% of the total gas production in the US in 2009 and its contribution is likely to further increase by 2017. The increase in the drilling of shale gas in the US and Canada has made the region less dependent on LNG imports. Furthermore, the region now plans to export some of its natural gas production in the form of LNG and has expansion plans for the future through to 2017.
The recoverable shale gas reserves in Canada accounted for 355 trillion cubic feet (tcf) in 2009. These shale gas reserves are mainly located in British Columbia, Alberta, New Brunswick and Quebec. A number of projects are currently under development in Canada and it is expected that shale gas production there will increase significantly in the near future. The Kitimat LNG terminal is the key terminal planned to export natural gas from Canada. The plant, which is expected to commence its operations from 2015, will have a total LNG liquefaction capacity of 5 Million Tons per annum (MMtpa). Similarly, the Sabine Pass liquefaction terminal and the Freeport Liquefaction terminal, and the Cameron LNG Liquefaction terminal are some of the key planned liquefaction terminals in the US.
Australia will be the Key Producer of LNG in the Global LNG Liquefaction Market
Australia will emerge to be the major aggregator of natural gas as the country will witness a sharp increase in LNG liquefaction capacity additions, from 4.8 MMtpa in 2012 to 105.8 MMtpa in 2017, due to the huge availability of natural gas.
Australia has 1.6% of the worlds natural gas reserves. Two-thirds of its reserves are located on the western coast of the Carnarvon Basin. The rest of the reserves are located in the Cooper/Eromanga Basin in central Australia and Bass/Grippsland Basin in offshore southern Australia. Australia also has significant Coal Seam Gas (CSG) reserves, which are mainly concentrated in the Bowen and Surat basins in eastern Australia. CSG is a form of natural gas which is extracted from the coal beds and in the recent decade has become an important source of energy. The steep increase in natural gas demand in Asia has been attracting major international players to invest in the CSG industry in Australia. Many Australian companies are planning to export this CSG in the form of LNG to Asian markets.
Nigerias Global LNG Market Share is Likely to Decrease by 2017
Due to the continued delay in the advancement of LNG projects in Nigeria, the global LNG market share of the country is expected to fall by 2017. The share of Nigeria in global LNG supplies shrank to 8% in 2012, from its 2008 figures of 10%. This decrease in its share has also been due to the stagnation of the output of NLNG Train 6 at 22 million metric tons per annum (MMtpa). The market share of Nigeria in the global LNG supply may shrink to as low as 5% by 2017 (NLNG, 2012).
New LNG projects in Nigeria are continuing to witness delays. This delay in the progress of new LNG projects will be advantageous to other countries, which will gradually catch up with Nigeria in their LNG liquefaction capacity. For example, the US, which used to be an importer of LNG, plans to start exporting LNG in 2015 and will soon account for a significant share of LNG liquefaction capacity. The NLNG Limited, which is owned by the Nigeria National Petroleum Corporation (NNPC), Shell, Eni and Total, has still not taken a Final Investment Decision (FID) for Train 7, which is expected to boost the countrys production of LNG. If Train 7 is completed the production capacity of the plant will increase to 30 MMtpa. The delay in a decision being made regarding Train 7 has cost Nigeria a huge loss in potential revenue, as well as market share (This Day Live, 2012)