Global Project Data

At more than 250 active projects, the gas processing/LNG sector represents nearly 25% market share in active projects globally. Most of the sector’s active projects are in the Asia-Pacific region, followed by Eastern Europe, Russia and the Commonwealth of Independent States (CIS), and the U.S. Led by capital investments in China, the Asia-Pacific region has continued to dominate in total active project market share. China, along with several other Asian nations (e.g., India), are investing heavily in new LNG import infrastructure to satisfy increasing demand for natural gas. This is being led by new government initiatives to curb carbon emissions for power generation. GP