Global small-scale liquefied natural gas (LNG) liquefaction capacity is expected to grow by 29% over the next four years, potentially increasing from 38,890 thousand tonnes per annum (ktpa) in 2023 to 50,310 ktpa in 2027.
Among regions, North America is expected to lead in terms of the new build and expansion capacity additions from small-scale LNG liquefaction plants with 4,710ktpa of capacity likely to be added during the outlook period 2023 to 2027. Africa and Asia follow with capacity additions of 2,590ktpa and 2,550ktpa, respectively, during the outlook period. Among countries, the US leads globally with 4,090ktpa of new build and expansion small-scale liquefaction capacity additions by 2027. China and Oman follow with capacities of 2,510ktpa and 2,000ktpa, respectively.
Among new build and expansion projects expected to start operations from 2023 to 2027, the Cherokee expansion project in the US leads with the highest capacity of 2,800ktpa. Rumuji in Nigeria, also an expansion project, follows with a capacity of 1,090ktpa.
Further details on capacity and capex spending in the small-scale LNG Liquefaction for the period 2023 to 2027 can be found in GlobalData’s new report, Small-Scale LNG Liquefaction Capacity and Capital Expenditure (CapEx) Forecast by Region, Key Countries, Companies and Projects (New Build, Expansion, Planned and Announced), 2023-2027.
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