The key players operating across the LNG terminal market include
Shell
Abu Dhabi National Oil Company (ADNOC)
BP
TotalEnergies
Chevron
ExxonMobil
Petronas
CNPC
Engas
Eni SpA
Vopak
Engie
Equinor
PT Pertamina
Petronet LNG
Gazprom
Qatar Energy
Repsol
Kuwait National Petroleum Company (KNPC)
AES Corporation.
Authors:
Ankit Gupta, Abhishek Chopra
Frequently Asked Questions (FAQ) :
The market size for LNG terminal was reached USD 5.6 billion in 2022 and is projected to grow at a CAGR of 15.8% through 2032, backed by the shifting trends toward cleaner energy sources and the transition away from coal and oil.
The onshore LNG terminal industry accounted for over USD 5.4 billion in 2022, on account of the construction of new regasification terminals to accommodate increased LNG imports.
Asia Pacific market for LNG terminal is anticipated to reach USD 4.5 billion by 2032, owing to the higher energy demand for industrial processes, power generation, and urban infrastructure, driving the need for LNG imports.
Petronas, CNPC, Engas, Eni SpA, Vopak, Engie, Equinor, PT Pertamina, Petronet LNG, Gazprom, Qatar Energy, Repsol, Kuwait National Petroleum Company (KNPC), and AES Corporation.