Global LNG Market Forecast 2025 - brochure

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

Global LN G Market D eman d & Supply A n alysi s , By Regi on , By Coun tr y - w i se LNG Ter mi nal

Capaci ty, Competi t i on Forecast an d Oppor tun i t i es , 2011 - 2 0 2 5

T a b l e o f C o n t e n t s

2

©TechSci Research

S No. Contents

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global LNG Market Outlook

4.1. Global LNG Market Overview

4.1.1. LNG Export (2015)

4.1.2. LNG Re-Export Received (2015)

4.1.3. LNG Re-Export Loaded (2015)

4.1.4. Nominal Liquefaction Capacity (MTPA) and Percentage Utilization (2015)

4.1.5. LNG Regasification Capacity, By Country (MTPA) and Percentage Utilization (2015)

4.1.6. LNG Storage Tank Capacity (1st Quarter of 2016)

4.2. Global LNG Supply & Forecast

4.2.1. By Volume

4.3. Global LNG Supply Market Share & Forecast

4.3.1. By Region (APAC, Europe, South America, North America, Middle East & Africa)

4.3.2. By Country

4.4. Global LNG Export Share & Forecast

4.4.1. By Country

4.5. Global LNG Landed Price & Forecast

4.5.1. By Region

4.6. LNG Contract Share & Forecast


3

©TechSci Research

S No. Contents

4.6.1. By Type (Long, Medium, Short & Spot)

5. Asia Pacific LNG Market Outlook

5.1 LNG Supply & Forecast

5.1.1. By Volume

5.2 LNG Supply Market Share & Forecast

5.2.2. By Existing Countries

5.2.3. By Potential Countries

5.3. LNG Pricing Outlook

5.3.1. Price Build Up

5.3.2. Price Forecasting

5.4. Japan LNG Outlook

5.4.1. LNG Supply & Forecast

5.4.1.1. By Volume

5.4.1.2. By Terminal

5.4.1.3. By Exporting Countries

5.4.2. LNG Potential Demand & Forecast

5.4.3. LNG Potential Demand-Supply Gap Forecast

5.4.4. Pipeline Distribution Network Overview

5.4.5. Competitive Landscape

5.4.5.1. Key Consumer / Importer with Contract Share

5.4.5.2. Key Supplier / Trader / Aggregator


4

©TechSci Research

S No. Contents

5.5. South Korea LNG Outlook


5.5.1.1. By Volume









5.6. China LNG Outlook


5.6.1.1. By Volume










5

©TechSci Research

S No. Contents

5.7. India LNG Outlook


5.7.1.1. By Volume









5.8. Taiwan LNG Outlook


5.8.1.1. By Volume










6

©TechSci Research

S No. Contents

5.9. Thailand LNG Outlook


5.9.1.1. By Volume









5.10. Singapore LNG Outlook


5.10.1.1. By Volume










7

©TechSci Research

S No. Contents

5.11. Pakistan LNG Outlook


5.11.1.1. By Volume









5.12. Malaysia LNG Outlook


5.12.1.1. By Volume










8

©TechSci Research

S No. Contents

5.13. Potential Countries Outlook (Indonesia, Bangladesh, Philippines, Sri Lanka)


5.13.1.1. By Volume



6. Europe LNG Market Outlook

6.1. LNG Supply & Forecast

6.1.1. By Volume

6.2. LNG Supply Market Share & Forecast






6.4. United Kingdom LNG Outlook


6.4.1.1. By Volume


6.4.1.3 By Exporting Countries





9

©TechSci Research

S No. Contents




6.5. Spain LNG Outlook


6.5.1.1. By Volume









6.6. Turkey LNG Outlook


6.6.1.1. By Volume







10

©TechSci Research

S No. Contents




6.7. France LNG Outlook


6.7.1.1. By Volume









6.8. Italy LNG Outlook


6.8.1.1. By Volume







11

©TechSci Research

S No. Contents




6.9. Belgium LNG Outlook


6.9.1.1. By Volume



6.10. Portugal LNG Outlook


6.10.1.1. By Volume



6.11. Netherlands LNG Outlook


6.11.1.1. By Volume



6.12. Greece LNG Outlook


6.12.1.1. By Volume



12

©TechSci Research

S No. Contents


6.13. Lithuania LNG Outlook


6.13.1.1. By Volume



6.14. Poland LNG Outlook


6.14.1.1. By Volume



6.15.Potential Countries Outlook (Germany, Estonia, Finland, Latvia, Romania, Russia, Ukraine, Albania, Cyprus, Croatia, Ireland, Malta)


6.15.1.1. By Volume



7. South America LNG Market Outlook


7.1.1. By Volume



7.2.2. By Potential Countries ((El Salvador, Uruguay, Columbia)


13

©TechSci Research

S No. Contents




7.4. Brazil LNG Outlook


7.4.1.1. By Volume





7.4.4. Pipeline Distribution Network Review




7.5. Argentina LNG Outlook


7.5.1.1. By Volume







14

©TechSci Research

S No. Contents





7.6. Chile LNG Outlook


7.6.1.1. By Volume









7.6. Puerto Rico LNG Outlook


7.6.1.1. By Volume



7.7. Dominican Republic LNG Outlook


15

©TechSci Research

S No. Contents


7.7.1.1. By Volume



7.7. Potential Countries Outlook(El Salvador, Uruguay and Colombia)


7.7.1.1. By Volume



8. Middle East & Africa LNG Market Outlook

8.1 LNG Supply & Forecast

8.1.1. By Volume







8.4. Egypt LNG Outlook


8.4.1.1. By Volume



16

©TechSci Research

S No. Contents








8.5. Kuwait LNG Outlook


8.5.1.1. By Volume









8.6. UAE LNG Outlook


8.6.1.1. By Volume



17

©TechSci Research

S No. Contents








8.7. Jordon LNG Outlook

8.7.1.1. By Volume







8.8. Israel LNG Outlook

8.8.1.1. By Volume



8.7. Potential Countries Outlook (South Africa, Bahrain, Kenya, Morocco)


8.7.1.1. By Volume


18

©TechSci Research

S No. Contents



9. North America LNG Market Outlook


9.1.1. By Volume






9.4. Mexico LNG Outlook


9.4.1.1. By Volume









9.5. US LNG Outlook


19

©TechSci Research

S No. Contents


9.5.1.1. By Volume









9.6. Canada LNG Outlook


9.6.1.1. By Volume










20

©TechSci Research

S No. Contents

10. Strategic Recommendations

11. About Us & Disclaimer

P r o d u c t O v e r v i e w

21

©TechSci Research

Liquefied Natural Gas (LNG) value chain starts from exploration and production (including processing), from

where natural gas is supplied to liquefaction plant, and then loaded into LNG tanker to be supplied to various

destinations. Post purchase, LNG is re-gasified or stored and supplied to consumers.

Liquefied Natural Gas Value Chain

Liquefied Natural Gas (LNG) is natural gas (predominantly methane, CH4) that is converted into liquid form

through a process called liquefaction. In this process, dry natural gas is converted into liquefied natural gas at

–162°C. When liquefied, volume of natural gas shrinks by 600 times the original volume thereby, allowing easy

flow of natural gas through ships and trucks.

Field Development Liquefaction Plant LNG Tankers

Unloading of LNG TankersReceiving Terminal

(Storage & Vaporization)

Distribution Systems through Pipelines

Dedicated Pipeline Consumers

LNG Supplied by Trucks

R e s e a r c h M e t h o d o l o g y

22

© TechSci Research

A

C

B

Primary Research

Company Analysis

Desk Research

Identifying Key Opinion

Leaders

Questionnaire Design

In-depth Interviews

Market Participants

Key Strengths

Key Challenges

Growth Drivers

Recent

Developments

Market Changing

Aspects/Dynamics

Government

Policies

Final Conclusion

LinkedIn TechSci Internal

Database Interview with

Key Opinion Leaders

Factiva Hoovers

Paid Sources

Company Website Company Annual

Reports White Paper Study Financial Reports Investor

Presentations Regulatory Body, Associations, etc.

Secondary Research

Primary Research

Data Collection

Data Filter& Analysis

Research &Intelligence

ActionableInsights

BusinessSolution

•In-depth secondary research was conducted todetermine market size and all importing,exporting and potential countries in Global LNGmarket during 2011-2025.

Market Profiling

•In order to conduct interviews of industryexperts, TechSci formulated a detailedquestionnaire.

Formulating Questionnaire

•List of industry players such as LNG producers,suppliers (Aggregators, Traders, PortfolioCompanies), importers, office bearer ofassociations and consumers.

Developing list of Respondents

•TechSci conducted interviews with industryexperts and players for data collection andverification.

Data Collection

•Data obtained as a result of primary andsecondary research was validated throughrigorous triangulation.

Data Validation

•Data was scrutinized using MS-Excel andstatistical tools such as Time Series analysis,etc., to obtain qualitative and quantitativeinsights about the Global LNG market.

Data Analysis


23

©TechSci Research

OBJECTIVE: The primary objective of the study is to understand the market scenario for Liquefied

Natural Gas (LNG), globally.

APPROACH & SOURCES: In order to extract, analyse and project market scenario for liquefied natural gas,

both top down and bottom up approaches have been used. Multiple employees from the following companies have

been interviewed through telephonic and face to face meetings in order to extract and verify collected information.

Partial List of Companies/Associations Interviewed

ENGIE Hiroshima Gas Limited

Pavilion Energy Pte Ltd Mitsubishi Corporation

GAIL Global Singapore PTT Public Company Limited

South Africa Oil & Gas Alliance Sonatrach

Anadarko Petroleum Nigeria LNG

Oman LNG Cheniere Energy, Inc

OSAKA GAS PERTAMINA

International Group of Liquefied Natural Gas Importers International Gas Union (IGU)

Korea Gas Corporation Gazprom

PETRONAS BP plc

Total Royal Dutch Shell

Singapore LNG Corporation (SLNG) POSCO Energy

Eni S.p.A. Kuwait National Petroleum Company

Mubadala Petroleum and International Petroleum Investment Company (IPIC)

The Linde Group


24

©TechSci Research

Partial list of Companies/Associations Interviewed

Statoil ASA DONG Energy

Gubkin Russian State University of Oil and Gas Freeport LNG Development, L.P.

Air Products and Chemicals, Inc. Chevron

ConocoPhillips Excelerate Energy

ExxonMobil Corporation Toho Gas Co Ltd

JGC Corporation JERA Co Inc

BOTAS Sinopec

TechSci Research has scrutinized various published documents from following key sources to fill data gaps and

verify information collected through primary research surveys.

Partial list of Secondary Sources

International Gas Union (IGU) Oil & Gas Journal

International Group of Liquefied Natural Gas Importers

(GIIGNL)

Federal Energy Regulatory Commission

Ministry of Petroleum & Natural Gas Petroleum Planning & Analysis Cell

Petroleum and Natural Gas Regulatory Board, India Oxford Institute of Energy Studies

ENN Energy Holdings Limited International Monetary Fund (IMF)

British petroleum statistical review U.S. Energy Information Administration (EIA)

OPEC annual statistical bulletin 2016 Spot LNG Price Statistics (METI, Japan)

Annual Reports of various companies involved in LNG business International Energy Agency


25

©TechSci Research

The study has been carried out considering various aspects of the global LNG market. In the beginning of the

study, a brief study was conducted to understand each aspect of the market such as drivers, challenges,

market trends and various other major factors affecting the market. Moreover, an in-depth analysis was

conducted to understand LNG market scenario and to gauge the competitive scenario.

Afterwards, a detailed scrutiny of demand, supply, regional and country markets for LNG was conducted. In order

to extract data, primary research surveys were conducted with key opinion leaders and LNG suppliers,

aggregators, traders and producers to understand historical and present trends. However, for forecasting demand

and supply for the existing LNG terminals and estimates for the under construction and proposed LNG terminals

following assumptions were made -

1. LNG import terminal wise study has been considered by taking into account capacity

utilization depending upon demand supply situation prevailing within a country.

2. LNG terminals will start imports from dates mentioned by the companies in press releases,

government documents, with assumptions that there will not be any delay in construction of

LNG terminals.

3. Marginal increase in long term and spot price till 2025 due to oversupply condition.

4. Exports from United States to Asia-Pacific and Europe will be price competitive against

exports from Australia and Qatar.


26

©TechSci Research

5. Various Middle Eastern countries will start importing LNG despite availability of natural

gas due to injection of natural gas into mature oilfields for enhanced oil recovery.

6. Recovery in price of crude oil and other commodities from 2017 onwards will lead to

economic development and investments in many oil producing countries.

7. Growing natural gas consumption in power generation for utilities and industries along

with incremental demand from downstream process industries.

8. Increasing viability of shale gas in the US due to recovery in crude oil price during the

forecast period.

Considering the assumptions, our dedicated team of industry experts has comprehensively monitored and

analyzed various aspects of the global LNG market. The team has analysed various industry segments and

speculated a positive future for the LNG industry. Taking into consideration developments, capital

investments, government support, policies and regulations, etc., our team of analysts has provided a

prudent analysis of the industry’s performance in the future. We have analyzed supply and demand scenario

of each terminal based on different end users segments, prices and availability of different fuels and also

analyzed the switching scenario based on the same.

I n d u s t r y B r i e f

27

Global LNG Market to Grow at CAGR 5% Until 2025

According to TechSci Research report, “Global LNG Market Demand & Supply Analysis, By Region, By Country-wiseLNG Terminal Capacity, Competition Forecast and Opportunities, 2011-2025”, global market for liquefied naturalgas (LNG) is projected to grow at a CAGR of more than 5% during 2016 - 2025, due to capacity expansions in power,industrial, residential and transportation sectors. A major share in demand for LNG across the globe emanatesfrom Asia-Pacific, with Japan, South Korea, China, India and Taiwan accounting for around 69% of total LNG supply inAsia-Pacific in 2015. Over the last five years, LNG prices have fallen to below USD3 per MMBtu, which has resulted inrenegotiation of long-term LNG supply contracts. However, global average LNG import prices are expected tomoderately grow during 2016-2025, due to oversupply conditions and liquefication capacity additions, especially inAustralia, US and Papua New Guinea. Consequently, an increasing number of LNG importers, traders, andaggregators have started to opt for spot price mechanism instead of long-term agreements on account of pricearbitrage.

As of 2015, there were 33 LNG importing and 17 exporting countries, globally. Total global regasification capacity ofLNG reached around 777 MTPA in 2015, and around 71.92 MTPA of regasification capacity was under construction inthe same year. Europe and Middle East & Africa are expected to witness maximum regasification capacity additionsduring 2016 - 2025. An increasing number of projects related to power, city gas distribution and petrochemicalsectors are anticipated to come up over the next 5-10 years across the globe, which is expected to positivelyinfluence global LNG market through 2025.

“Growing demand for LNG and opening of wider Panama Canal has considerably reduced lead time for supply ofLNG from the US to many countries in Asia-Pacific and South America, thereby driving global LNG supply. Growingadoption of natural gas in various downstream industries due to concerns associated with poor air quality, coupledwith booming downstream infrastructural developments, increasing capital investments in oil & gas exploration andproduction activities, and favorable policy environment across majority of the leading economies, is projected toboost demand for LNG across the globe in the coming decade.”, said Mr. Karan Chechi, Research Director withTechSci Research, a research based global management consulting firm.

https://www.techsciresearch.com/report/global-lng-market-demand-supply-analysis-by-region-asia-pacific-europe-middle-east-africa-south-america-and-north-america-by-country-by-lng-terminal-competition-forecast-and-opportunities/825.html

S a m p l e D a t a - S n a p s h o t

28

©TechSci Research

1.0

0

2.0

0

3.0

0

4.0

0

5.0

0

6.0

0

7.0

0

8.0

0

9.0

0

10.0

0

11.0

0

12.0

0

13.0

0

14.0

0

15.0

0

Global LNG Supply Market Size, By

Volume, 2011-2025F (MTPA)

Source:XXXXXNote: These are dummy figures; please purchase our report for actual data

70%

70%

70%

70%

70%

70%

70%

70%

70%

70%

70%

70%

70%

70%

70%

20%

20%

20%

20%

20%

20%

20%

20%

20%

20%

20%

20%

20%

20%

20%

10%

10%

10%

10%

10%

10%

10%

10%

10%

10%

10%

10%

10%

10%

10%

Long-term Spot and Short-term Medium-term

Global LNG Long, Spot & Short and Medium Term Trade Share, 2011-2025F

Asia-Pacific LNG Supply Market Share, By

Country, By Volume, 2015 & 2025F

10%

10%

10%

10%

10%10%10%

10%

10%

10%

10%

2015Japan

South Korea

China

India

Taiwan

Thailand

Singapore

Malaysia

Pakistan

Indonesia

Potential ountries*

10%

10%

10%

10%

10%10%10%

10%

10%

10%

10%

2025F

Japan LNG Supply, By Exporting Country, By Volume, 2015

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

9.00

10.00

11.00

12.00

13.00

14.00

15.00

16.00

17.00

18.00

19.00

20.00

Re-Export Received

Others

Norway

Trinidad

Peru

United States

Yemen

Equatorial Guinea

Algeria

Oman

Papua New Guinea

Brunei

Nigeria

United Arab Emirates

Indonesia

Russia

Qatar

Malaysia

Australia

Total Import

2015

1

4

7

10

13

2

5

8

11

14

3

6

9

12

15

2015 2020 2025

Global Gas Based Power Generation Capacity, By

Region, 2015, 2020F & 2025F (GW)

1 2 3 4 5 6 7 8 9 10

11

12

13

14

15

3 5 7 9 11 13 15 17 19 21 23 25 27 29 31

South Korea (NG Consumption) LNG Demand

South Korea Potential LNG Demand, By Volume, 2011-2025F (BCM)

R e p o r t O r d e r i n g

To View Sample OR Purchase Report

Report Price

Report Name: Global LNG Market Demand & Supply Analysis, By Region,

By Country-wise LNG Terminal Capacity, Competition Forecast and

Opportunities, 2011-2025

License Type Price

Electronic Access - Single User License $4500

CD-ROM Mail Delivery $5000

Hard Copy Mail Delivery $5500

Electronic Access - Multi-User License $10000

29

https://www.techsciresearch.com/sample-report.aspx?cid=825

http://www.techsciresearch.com/report/united-states-radio-taxi-services-market-forecast-and-opportunities-2021/617.html

A b o u t U s & D i s c l a i m e r

© TechSci Research

TechSci Research – North America

708 Third Avenue, Manhattan,

New York, United States

Tel: +1- 646- 360- 1656

Email: [email protected]

www.techsciresearch.com

About Us

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides

market research reports in a number of areas to organizations. The company uses innovative business models that focus on improving

productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-

specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and

global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich

evaluation of the opportunities available in the market.

Related Reports

• China LNG Market Demand & Supply Analysis, By End-User, By LNG Terminals Forecast and

Opportunities, 2011 – 2021

• India LNG Market Forecast and Opportunities, 2025

• Global Natural Gas Compressors Market Competition Forecast & Opportunities, 2021

Partial List of Clients

Disclaimer

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is madethat it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from varioussources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness ofany information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially statesthat it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts,can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internalconsumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

TechSci Research – Europe

54, Oldbrook, Bretton,

Peterborough,

United Kingdom



TechSci Research – Asia-Pacific

B - 44, Sector - 57, Noida, National

Capital Region, U.P. - India

Tel: +91-120-4523900



30