Global Project Data

Hydrocarbon Processing’s Construction Boxscore Database and Energy Web Atlas are tracking 330 active gas processing/LNG projects in the hydrocarbon processing industry. Most of these projects—approximately 35%—are in the Asia-Pacific region, followed by the U.S. (21%). Due to additional lockdowns and restrictions stemming from a resurgence in the COVID-19 virus, new gas processing/LNG project announcements showed a drop in the last two months of 2020. However, with COVID-19 vaccines being distributed, 2021 may be a rebound year in natural gas consumption, resulting in additional capital being spent to supply increased demand, especially in Asia. GP

Active gas processing/LNG projects by region Source: Energy Web Atlas and the Construction Boxscore Database

 

New gas processing/LNG project announcements, January 2020–January 2021

 

Active project market share by region