Asia will reportedly lead the global LNG regasification industry in capacity growth from newbuild projects by 2023, says GlobalData.
According to Reuters, low LNG spot prices are having little impact in Asian markets, while the European import market has seen a significant boost.
India’s K-DISC advisory board has expressed interest in trialling LNG as fuel for vessels in the fishing industry.
According to Reuters, state energy firm Indian Oil Corp. is seeking an LNG cargo for delivery either late this month or early next month.
Alap Shah, Black & Veatch, USA, outlines how big trends in gas-to-power are pushing LNG to prominence in the global power portfolio.
India will contribute 35% of Asia and Oceania’s LNG regasification capacity growth in 2023, according to GlobalData.
The ‘Global LNG Market Report: Insights, Trends & Forecast (2019 – 2023)’ report has been added to ResearchAndMarkets.com’s offering.