Russia and China set to ramp up small-scale LNG
Russia and China will lead global small-scale liquefaction natural gas (LNG) capacity additions by 2025. According to a report “Global Small-Scale LNG Liquefaction Capacity and Capital Expenditure Outlook, 2021–2025 – Russia and China Lead Global Capacity Additions” the global small-scale LNG liquefaction capacity is expected to expand by 30% over the next four years increasing from 33,900 thousand tonnes per annum (ktpa) in 2021 to 43,920 ktpa in 2025.
Region-wise, the former Soviet Union region is expected to witness largest small-scale LNG liquefaction capacity growth. This global-scale growth will result from new facilities and expansion projects. A projected growth of 2,940 ktpa. during the outlook period 2021 to 2025 with 2,940 ktpa. Asia closely trails with 2,820 ktpa, followed by North America with 2,480 ktpa.
Among countries, Russia, China, and Oman would be the top three countries globally for new build and expansion small-scale liquefaction capacity additions by 2025. Russia is expected to add 2,940 ktpa of new build and expansion small-scale liquefaction capacity additions, while China and Oman are expected to add 2,810 ktpa and 2,000 ktpa, respectively.
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- ExxonMobil selects Chart Industries’ IPSMR® liquefaction technology for Mozambique LNG project
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vaisala seeks to remove greenwashing from carbon capture with new measurement solution
Comments