North America is expected to witness the highest global small-scale liquified natural gas (LNG) capacity additions in the world, expected to contribute to around 37% of the global additions by 2024.
That’s according to GlobalData, who revealed in a recent report that North America is likely to witness total small-scale LNG liquefaction capacity additions of 7,270 kilo-tonnes per annum (ktpa) by 2024.
The analytics and consulting company also highlighted that the capacity of planned projects which have received necessary approvals for development accounts for nearly 2,890ktpa, while remaining capacity of 4,380ktpa is expected to come from early stage announced projects.
Commenting on the findings, Haseeb Ahmed, Oil and Gas Analysts at GlobalData, said, “North America is expected to witness the start of operations of 26 new-build small-scale LNG terminals by 2024.”
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