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GlobalData’s newest report, ‘International LNG Business Outlook to 2026 – Capability and Capital Expenditure Outlook with Particulars of All Working and Deliberate Terminals’, signifies that the overall liquefaction capability of Oceania in 2021 was 96 million tonnes every year (mtpa). The liquefaction capability in Oceania elevated from 68mtpa in 2016 to 96mtpa in 2021 at an AAGR of 6.8%. Australia and Papua New Guinea are the 2 nations in Oceania with energetic LNG liquefaction terminals in 2021.
North-West Shelf (Australia), Gorgon (Australia) and Australia Pacific (Australia) are the most important liquefaction terminals in Oceania. These began operations in 1989, 2016 and 2016, respectively.
In Oceania, Australia leads amongst nations with a liquefaction capability of 89mtpa in 2021, contributing to 92.8% of Oceania’s whole capability. North-West Shelf, Gorgon and Australia Pacific are the key energetic liquefaction terminals within the nation.
Papua New Guinea contributed to the remainder of the liquefaction capability. It holds 7.2% of Oceania’s whole liquefaction capability. PNG is the energetic liquefaction terminal within the nation.
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