GlobalData’s latest report, “Global Small-Scale LNG Liquefaction Capacity and Capital Expenditure Outlook, 2021–2025 – Russia and China Lead Global Capacity Additions” indicates that global small-scale liquefied natural gas (LNG) liquefaction capacity is expected to grow by 30 percent over the next four years increasing from 33,900 thousand tonnes per annum (ktpa) in 2021 to 43,920 ktpa in 2025.
Among regions, the Former Soviet Union is expected to witness the highest small-scale LNG liquefaction capacity additions globally from new build and expansion projects 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.
Portovaya in Russia, Xi an in China, and Rumuji in Nigeria are the top three new build and expansion projects expected to start operations during 2021 to 2025, Portovaya in Russia is expected to witness the highest capacity globally with 1,500 ktpa. ‘Xi an’ in China and Rumuji in Nigeria follow with 1,400 kpta and 1,090 ktpa, respectively.
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By GlobalData