ReportsandReports – Global LNG Market Trends, Outlook and Business Prospects to 2015
Dallas, Taxas -- (SBWire) -- 10/07/2010 -- Global LNG industry is in a state of flux. The industry is poised to grow strongly in the long term but due to the recent recession and abrupt competition from alternative sources like shale gas most companies are witnessing a dip in profits.
The clean fuel has transformed itself from a regionally traded fuel to a globally trading energy source. Low price, environmental friendliness and declining construction costs of LNG have resulted in a large number of countries and companies investing in LNG. United States alone has around 30 planned regasification terminals scheduled by 2015. This growth in demand is further fuelled by Asian and European countries, which have been converting their oil fired power plants to gas fired plants.
However, the recent recession effect has drastically affected the LNG industry. LNG was priced around $8/MMBtu in early 2008 and spot price was around $13/MMBtu. But, unlike oil price, which has bounced back, LNG is still trading at around $4-$5/MMBtu, which is affecting the profitability of most of the companies. Further, technological developments in shale gas are expected to impact the LNG growth, particularly in United States and few European countries.
Amidst such uncertainties, the “Global LNG Trends Outlook and Business Prospects” provides a clear insight into the current and future outlook of LNG industry. Backed up by strong quantitative data, insights in the report aid you in formulation of your expansion, retention strategies and in merger and acquisition decisions. The report evaluates the existing and upcoming LNG markets and provides you the required analysis and data to identify the potential investment destinations.
Research and Analysis Highlights:
Currently, the global LNG Export capacity is 262 mtpa and the LNG import capacity is 565 mtpa. By 2015, LNGReports expects these to grow by 90% and 105% respectively.
A total of 16 importing and 6 exporting markets are set to enter the global LNG trade by 2015.
Australia and United States will emerge as the leading LNG export and import markets surpassing Qatar and Japan respectively.
The number of LNG tankers sailing across the world will increase to around 400 in the next three years.
C3MR, optimized cascade, APX processes continue to be the dominating liquefaction technologies used in planned terminals in the near future.
Despite US sanctions, Iran will mark its presence in global LNG export market through its Iran LNG terminal.
Strong GDP growth in China and India will ensure that these markets will remain profitable and promising for LNG suppliers across the globe.
Floating LNG export markets is still in its growth stage but is expected to play a major role by 2015.
While large national oil companies (NOCs) continue to dominate the global liquefaction industry, private players will dominate the global regasification industry.
More than US$140 billion will be invested in construction of new LNG export plants between 2010 and 2015.
Scope
The premium report details 50 trends and challenges faced by global LNG markets as a goal and specific trends and challenges in 6 regional LNG markets
The report provides a review of LNG markets in 2009, detailing the key events, impact of recession, and impact of competitive sources, investment patterns, supply-demand balance and others.
Quantitative and qualitative forecasts of processing (import and export) and storage capacities, market structure, contracts and trade movements
Details of all planned LNG export and import terminals including operator, ownership, construction cost and period, capacity, location and expected commencement date.
The report provides planned investment forecast by region and by year between 2010 and 2015.
Details of all active and planned contracts including vendor, purchaser, volume and importing and exporting countries to 2025
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