LNG’s future: Branching out
The liquefied natural gas (LNG) industry is mature and poised to branch out in many new directions in the coming decades as it continues to grow in capacity.
The liquefied natural gas (LNG) industry is mature and poised to branch out in many new directions in the coming decades as it continues to grow in capacity. One forecast takes todays 325 million metric tons per year (metric MMtpy) of installed or under-construction liquefaction capacity to approximately 500 metric MMtpy by 2030. Traditional onshore base-load facilities, particularly in Australia and Africa, will account for the largest part of the 175-metric MMtpy growth during that period.
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