Small scale LNG terminals market: analysis and forecast for 2014 - 2022
Published by Callum O'Reilly,
Senior Editor
LNG Industry,
A recent research study conducted by ReportLinker analyses the market for small-scale LNG terminals, in terms of annual throughput. The small-scale LNG terminals market has been segmented on the basis of terminal technology, sub-type, and geography. 2013 has been taken as the base year for conducting the research, whilst all forecasts have been given for the 2014 – 2022 period. Market data for each segment has been provided at both the regional and country-specific level for the 2013 – 2022 period. The regional segment has been divided into a further 14 sub-segments, comprising nine unique countries which are major players in the global small-scale LNG market. Key market participants in the small-scale LNG terminal market include Skangass AS, Prometheus Energy, Linde AG, and Plum Energy.
The Porter's Five Forces analysis aids understanding
The report provides a comprehensive competitive landscape and features companies engaged in the small-scale LNG terminals business. This report includes the key market dynamics affecting the overall small-scale LNG industry, as well as the construction of such terminals globally. The report also provides a detailed industry analysis of the global small-scale LNG terminals market with the help of the Porter's Five Forces model. The Porter's Five Forces analysis aids in understanding the five major forces that affect the industry structure and profitability of the global small-scale LNG terminals market. The forces analysed are the bargaining power of buyers and of suppliers, threat from new entrants and from substitutes, and degree of competition.
Growing interest in natural gas and slumping energy prices are attractive
The high-level analysis within the report provides detailed insights into the small-scale LNG terminals business globally. Major drivers, restraints, and opportunities of the small-scale LNG terminal market were analysed in detail and are illustrated in the report with the help of supporting graphs and tables. There are currently numerous drivers for the small-scale LNG terminals industry.
One of the most prominent drivers is the security of gas supply in small demand centres and accelerated development of smaller gas fields. Apart from this, slumping energy prices and a growing interest towards utilising natural gas as a clean fuel are attracting higher investments in small-scale LNG terminals as compared to megaprojects. Market attractiveness analysis was carried out for the small-scale LNG terminals market on the basis of geography. Market attractiveness was estimated on the basis of common parameters that directly impact the market in different regions.
Regasification and liquefaction terminals
The small-scale LNG terminals market was further segmented on the basis of terminal type into regasification and liquefaction terminals. For this report, only the terminals with tank sizes lesser than 200 000 m3 and throughputs lower than 300 000 tpy have been considered. Both liquefaction and regasification terminals have also been further sub-segmented on the basis of type into onshore terminals and offshore terminals.
The small-scale LNG terminals market was analysed across five geographies: North America, Europe, Asia Pacific, South America, and Middle East and Africa. Regional data has been provided for each sub-segment of the small-scale LNG terminal market.
Adapted from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/special-reports/17062015/small-scale-lng-terminals-market-analysis-and-forecast-for-2014-2022/
You might also like
INEOS and Covestro LNG-linked gas supply agreement
INEOS and Covestro have announced a long-term agreement for the supply of natural gas for up to eight years, starting in 2027.