GlobalData’s latest report, LNG Production, suggests that liquefied natural gas (LNG) is set to become a key component of the global energy mix, as governments seek to reduce their carbon footprint and so favour natural gas instead of coal. LNG provides a means to transport natural gas via LNG carriers allowing access to markets where the cost of building gas pipelines would be prohibitive. Demand growth benefits the value chain by decoupling natural gas distribution from just nearby markets to new global markets across vast distances.

Small scale LNG solutions, including FLNG and modular plants, are becoming more prevalent as a means to monetise gas reserves. These lower cost solutions allow producers to rapidly scale up and access markets where gas prices may be higher than in their limited local markets. Innovation in the design of the facilities as well as the contracting and financing for these projects could increase their portion of LNG capacity though their impact will be relatively small in the midterm.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Large scale onshore LNG facilities above 3 million metric tonnes per annum (mtpa) are set to be the largest contributors to LNG supply in the mid-term. Led by multi-train LNG projects in the US, Mozambique, Iran and Australia these large complex megaprojects share many commonalities. First ready access to large gas reserves ensuring steady production for over 20 years plus life LNG plants, second coastal access for LNG carriers and third market leading project participants across the upstream, midstream and downstream value chains.

GlobalData’s thematic research identifies Qatar Petroleum, Royal Dutch Shell Plc, Sonatrach SPA, Exxon Mobil Corp, and Total SA as some of the key companies with global leadership in LNG production.

Some of the global laggards in LNG production include Saudi Arabian Oil Co, Petroleo Brasileiro SA, Lukoil Oil Co, Statoil ASA, and Petroleos de Venezuela SA.

Global leaders and laggards in LNG production

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
Source: GlobalData Thematic Research                                                                                                    ©GlobalData