GlobalData’s latest report, ‘Global Capacity and Capital Expenditure Outlook for Gas Processing Plants, 2021–2025 – Russia Continues to Underpin Global Gas Processing Capacity Growth’, indicates that a total of 147 newbuild (announced and planned) gas processing plants are expected to commence operations during the period 2021 to 2025. Of these, 89 represent planned projects that received necessary approvals, while 58 are early-stage announced gas processing plants.
Global gas processing capacity is expected to grow by around 7% from 615.3 billion cubic feet per day (bcfd) in 2021 to around 661.2bcfd by 2025. The Middle East is expected to add the highest gas processing capacity globally by 2025 with about 21.0bcfd. The Former Soviet Union (FSU) and North America follow with gas processing capacity additions of 16.0 and 12.4, respectively.
Russia is expected to add the highest newbuild capacity of 13.1bcfd by 2025. The US and Saudi Arabia follow, with 10.1bcfd and 6.1bcfd of capacity additions, respectively.
Among all the newbuild projects expected to start operations from 2021 to 2025, Ras Laffan-NFE plant in Qatar is expected to witness the highest gas processing capacity of 4.6bcfd. Ust-Luga and Amur II, both in Russia, are second and third with 4.3bcfd and. 2.7bcfd, respectively.
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