January 2017

Trends and Resources

Industry Perspectives: New gas processing/LNG project announcements decline for second straight year

According to Hydrocarbon Processing’s Construction Boxscore Database, over 1,000 new projects have been announced since 2014. Nearly half of these projects were announced in 2014, and the trend shows a steady decline in new project announcements since that time.

Nichols, Lee, Hydrocarbon Processing Staff

According to Hydrocarbon Processing’s Construction Boxscore Database, over 1,000 new projects have been announced since 2014. Nearly half of these projects were announced in 2014, and the trend shows a steady decline in new project announcements since that time. New project announcements have fallen from nearly 490 in 2014, to 320 in 2015, to just over 200 in 2016. This downward trend represents a year-over-year (y-o-y) decrease of approximately 35%. FIG. 1. Trend analysis on new project announcements vs. new gas processing/LNG projects by region, 2014–2016. Source: Hydrocarbon Processing’s Construction Boxscore Database. Along with the decre

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.

2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $409 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at Jnette.Davis-Nichols@GulfEnergyInfo.com or +1 713.520.4426*.

*Access will be granted the next business day.

Related Articles

From the Archive

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}