LNG: $93B Capex in 5 Years

(Press Release)
Tuesday, June 28, 2011

The new Douglas-Westwood LNG report forecasts five-year facilities Capex will exceed $93 billion. A bright future is forecast for the LNG industry, as growing long-term gas demand drives major investment in global LNG facilities. The World LNG Market Report 2011-2015, from award-winning energy business advisors Douglas-Westwood (DW), predicts the Pacific basin will be the main contributor to a ten-year global investment high of $26 billion per annum by 2015. World spend is forecast to recover momentum and Capex on LNG facilities for the 2011-2015 period is expected to total over $93 billion.

A recovery in LNG demand, led by Asian consumers, is underway. China, in particular, has seen its LNG demand grow from 1 bcm in 2006 to around 13 bcm today. LNG imports to Western European and Latin American countries also increased. In addition there is the prospect of further demand for natural gas as the world considers the future of nuclear energy in the aftermath of the Japanese crisis. On the supply side, 2010 saw the commencement of major construction work on new facilities in Australia and Papua New Guinea.

A Unique Market Report
This latest edition of The World LNG Market Report highlights LNG facilities’ capital expenditure over the 2011-2015 period. It examines new prospects for LNG liquefaction & regasification terminals and LNG carriers, looks at the technology underlying the LNG business and presents market forecasts for activity in the sector. The report uses input from DW’s World LNG Projects Database, an exclusive information system unavailable elsewhere. This drives a market model used to develop the forecasts based on a project-by-project review of development prospects, with the timing of expenditure phased to reflect likely project structure. The 200 page report includes 130 figures and 70 tables showing historic and forecast expenditures from 2006 to 2015, segmented by facility type and region. Expenditure on LNG liquefaction and regasification terminals is further broken down by individual components – including jetty and loading arms, storage tanks, compressors and construction services. The World LNG Market Report 2011-2015 is unique in providing a complete overview of the whole LNG chain.

It presents analysis based on unique and proprietary data:

-Comprehensive country-by-country analysis of LNG projects
-Historic and forecast Capex and capacity additions from 2006 to 2015
-Segmentation by region & development type
-Capex breakdown by component including jetty & loading arms and storage tanks
-Analysis of LNG carrier market
-Overview of major contractors.

The World LNG Market Report 2011-2015 is the latest in an acclaimed series of business studies used by organisations in over 70 countries. These include oil & gas majors, investment banks, OEMs, contractors, and government departments & agencies worldwide.

-Summary & Conclusions - an executive overview, highlighting worldwide LNG developments, historic & forecast activity by volume & value
-The LNG Industry - an introduction to the LNG market including contracting practices
-LNG Liquefaction - an explanation of all the major LNG liquefaction technologies
-LNG Transportation - a description of all the main types of carrier and containment systems
-LNG Regasification - the receiving and regasification process, associated technologies
-Global Gas Demand and the LNG Consumers - overview of gas consumption in the context of global energy demand and LNG consumers by region
-Global Overview of LNG Activity - identification and description of all the prospective developments over the 2011-2015 period, presented on a country by country basis for each of the following regions; Africa, Asia, Australasia, Latin America, Middle East, North America and Western Europe
-Case Studies - a more in-depth look at a chosen selection of project developments, one for each region
-Market Forecasts - capital expenditure and import/export capacity in the LNG market over the period to 2015, presented by facility type, region and component
-Appendices - company and contractor profiles; conversion tables
-Data Summary - information on LNG liquefaction, carriers, and regasification terminals for 2011-2015. 

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Canada to Aid Developing Nations Fight Climate Change

Canada will provide aid to developing countries to combat climate change, Prime Minister Justin Trudeau announced on Friday ahead of talks on global warming,

Sandra Weakens to Tropical Storm off Mexico's Coast

Hurricane Sandra weakened to a tropical storm on Friday and was expected to continue losing strength as it approached Mexico's Pacific coast, the U.S. National Hurricane Center (NHC) said.

Extended Warranty from Yanmar for Sailboat Engines

Yanmar Marine International B.V. has introduced an extended 3 years’ period of YANMAR Limited Warranty for Sailboat Engine Models. This extended warranty of


Deltamarin to Designs First LNG Handysize Bulk Carriers

Deltamarin Ltd proudly announces that it has signed a contract to design the world’s first LNG handysize bulk carriers, which will point the way towards greener shipping of commodities.

Swan Energy to Invest $845 mln for FSRU Terminal

Swan Energy Limited will invest around Rs. 5,600 crore ($845 mln) towards setting up of Jafrabad LNG Port project in Gujarat with one jetty-moored Floating, Storage and Regasification Unit (FSRU).

Alaska Buys TransCanada AK LNG Stake

The State of Alaska has finalized a deal with TransCanada to buy out the pipeline company's share in the proposed Alaska liquefied natural gas export project for nearly $65 million.

Maritime Careers / Shipboard Positions Maritime Contracts Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1156 sec (9 req/sec)