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North America is anticipated to witness the very best small scale LNG liquefaction capability additions globally throughout 2023 – 2027, contributing about 32% of the full world small scale LNG liquefaction capability additions by 2027, forecasts GlobalData, a number one information and analytics firm.
GlobalData’s newest report, ‘Small-Scale LNG Liquefaction Capability and Capital Expenditure (CapEx) Forecast by Area, Key Nations, Corporations and Initiatives (New Construct, Enlargement, Deliberate and Introduced), 2023-2027,’ reveals that North America is to witness a complete small scale LNG capability addition of 4.71 million tpy by 2027.
Bhargavi Gandham, Oil and Gasoline Analyst at GlobalData, commented: “The US dominates capability additions within the area, accounting for over 87% of the small scale LNG liquefaction capability additions by 2027. The deliberate Cherokee growth undertaking accounts for majority of the capability additions within the nation. The undertaking is being deliberate to fulfill peak demand for pure gasoline in and round Cherokee county.”
GlobalData identifies Africa as one other vital area, contributing about 18% of the worldwide small scale LNG liquefaction capability additions throughout the 2023 – 2027. Nigeria leads by way of the upcoming capability within the area with 1.99 million tpy.
Gandham concluded: “Asia can be anticipated to witness vital small scale LNG liquefaction capability additions of two.55 million tpy throughout 2023 – 2027. China accounts for nearly your entire upcoming capability within the area with 2.51 million tpy.”
Learn the article on-line at: https://www.lngindustry.com/special-reports/10072023/globaldata-north-america-to-drive-global-small-scale-lng-liquefaction-capacity-additions-through-2027/
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