Asia Emerges as a Leader in Global LNG Regasification Capacity Additions by 2028

Tuesday, 23 July 2024, 10:43

According to GlobalData, Asia is poised to dominate the global market for liquefied natural gas (LNG) regasification capacity, with significant projects launching across the region. These developments will contribute to increased energy security and efficiency. The trend underscores Asia's strategic role in meeting growing energy demand. As the region expands its infrastructure for LNG, it positions itself as a critical player in the global energy landscape moving forward.
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Asia Emerges as a Leader in Global LNG Regasification Capacity Additions by 2028

Asia's Dominance in LNG Regasification Capacity

Recent research from GlobalData highlights that Asia is set to dominate global liquefied natural gas (LNG) regasification capacity additions through 2028.

Key Developments

New projects are emerging throughout the region, aimed at enhancing regasification capabilities:

  • Increased energy security
  • Improved efficiency in LNG handling
  • Strategic infrastructure expansion

Conclusion

The surge in LNG infrastructure developments in Asia plays a crucial role in meeting the growing energy demands, solidifying the region's status within the global energy market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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