The US will continue its lead in global liquefied natural gas (LNG) liquefaction capacity additions, contributing to 46% of the total LNG liquefaction capacity additions between 2023 and 2027.
That’s according to leading data and analytics company GlobalData, which also reveals that the US is expected to add a new build LNG liquefaction capacity of 158.4 million tonnes per annum by 2027.
Another 58.2 million tonnes per annum of capacity is also expected to be added to the country via expansion projects.
Himani Pant Pandey, Oil & Gas Analyst at GlobalData, says abundant shale gas and strong demand for LNG in Asia and Europe have been primarily encouraging investments in the LNG liquefaction projects in the US.
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