Global LNG capacity is set to soar
Global liquefied natural gas (LNG) liquefaction capacity is expected grow 117% from 419 million tonnes per annum (mtpa) in 2018 to 907mtpa in 2022, according to data and analytics company, GlobalData.
In regional terms, North America continues to lead in terms of planned and announced liquefaction capacity growth, contributing 82% of the total global growth. The region is expected to add 400 mtpa of liquefaction capacity by 2022. Africa and Oceania follow with expected capacity additions...