The US is predicted to drive new-build, liquefied natural gas (LNG) liquefaction capacity additions globally from planned and announced projects between 2019 and 2023, contributing approximately 73% of global new-build LNG liquefaction capacity growth by 2023.
That’s according to data and analytics company GlobalData in its latest report titled ‘H2 2019 Global Capacity and Capital Expenditure Outlook for LNG Liquefaction Terminals – North American Companies Dominate Global Liquefaction Capacity Additions.’
Adithya Rekha, Oil & Gas Analyst at GlobalData, said, “The US is expected to add capacity of 156.9 million tonnes per annum (mtpa) from 17 new-build LNG liquefaction terminals by 2023.”
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