According to data and analytics company GlobalData, Germany is expected to drive capacity growth in Europe’s liquified natural gas (LNG) regasification industry from its planned and announced projects between 2019 to 2023.
Germany’s planned and announced projects will contribute to approximately 31% of Europe’s total growth. The report by GlobalData also revealed that Germany is expected to have new-build regasification capacity of 635 billion cubic feet (BCF) by 2023.
“Wilhelmshaven Floating and Brunsbuttel are the two upcoming announced regasification terminals in Germany during the 2019 to 2023 period,” said Dipayan Chakraborty, Oil & Gas Analyst at GlobalData.
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