LNG New-Build and Expansion Projects Outlook to 2028

Dublin, Nov. 18, 2024 (GLOBE NEWSWIRE)

The “LNG New-Build and Expansion Projects Outlook to 2028” report has been added to ResearchAndMarkets.com’s offering. Globally, a total of 237 LNG projects are expected to start operations from 2024 to 2028. Of these, 154 represent regasification projects and 83 are liquefaction projects. Asia dominates globally with the highest number of LNG regasification projects (99) by 2028. China leads among the countries with 35 regasification projects expected to start operations by 2028. Among liquefaction projects, North America leads globally with the US accounting for 26 projects. Scope.

Impact on Me:

As a consumer, the increase in LNG projects could potentially lead to a more stable energy market and lower prices for natural gas. This could have a positive impact on my household budget and overall cost of living. Additionally, the expansion of LNG projects could create job opportunities in the energy sector, leading to potential career growth and development.

Impact on the World:

The increase in LNG projects globally signifies a growing demand for cleaner energy sources, as natural gas is considered a more environmentally friendly alternative to traditional fossil fuels. This shift towards LNG could help reduce carbon emissions and combat climate change on a global scale. Additionally, the development of more LNG infrastructure could enhance energy security and reliability for countries around the world.

Conclusion:

In conclusion, the outlook for LNG new-build and expansion projects looks promising for the coming years. With a focus on sustainability and efficiency, the growth of LNG projects could benefit both individuals and the global community by providing cleaner energy options and stimulating economic growth.