Global Project Data

According to Shell, global LNG demand is forecast to nearly double to 700 MMtpy by 2040. The Asia-Pacific region will be the leader in LNG demand growth throughout the forecast period. Gulf Energy Information’s Construction Boxscore and Global Energy Infrastructure (GEI) databases show that the Asia-Pacific region accounts for nearly half of active capital projects in the global LNG industry. Most of these investments are for new LNG import infrastructure in China and India. Both nations are investing heavily to increase natural gas usage in their total energy mix. Globally, nearly 80% of active LNG projects are in preconstruction phases. GP Active LNG projects by regionSource