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Visiongain launches new small scale LNG market forecast

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LNG Industry,

Visiongain has launched a new energy report: ‘Small Scale LNG Market Forecast 2018 – 2028: Forecast by Capex (US$ million) and Capacity (million tpy), By Type (Liquefaction, Regasification, Satellite Station, Bunkering Facilities for Vessels and Fuelling), By Geography Plus Profiles of Leading Companies Small Scale LNG Market’.

Small scale LNG infrastructure has been traditionally used to supply small or isolated demand centers not connected to pipeline infrastructure. However, it is now increasingly deployed to cater to the growing demand for LNG as a transport fuel.

Small scale LNG import terminals are the most economical option for such nations which have just started adopting LNG as a fuel in their respective industries. Several small nations are importing or planning to import LNG in small quantities specifically to cater to the stringent requirements of the power generation industry.

The Visiongain report analyst commented, “The global market for small scale LNG is driven by high levels of spending in established and emerging markets. An important share of future capital expenditure will be driven by the greater deployment of LNG as a fuel, and growing investment in small scale LNG carriers.”

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LNG project news LNG export news LNG import news LNG bunkering news