Growing Demand in Medium and Small Scale LNG to Encourage New Terminal Development across the World
Albany, NY (PRWEB) January 28, 2015 -- The report includes a detailed analysis of the industry focusing on its investments, infrastructure and competition. It is a comprehensive document that includes a meticulous research on the key global trends experienced by the industry and details pertaining to the growth drivers. Apart from this, the research study also provides details about all the proposed and small LNG projects, which are under construction along with information on a complete collection of small LNG terminals, which are already in operation.
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According to the report, there are many factors contributing to the growth and expansion of the small and medium scale LNG industries globally. Potential investment opportunities such as exponential increase in demand for gas in power generation and marine sector across South-East Asia and the initiative taken by the Russian Federation to strengthen its position in the Black and Baltic Sea, have emerged as major growth drivers for the industry.
The global small and medium scale LNG is anticipating the entry of many new players in the market. The report says that, apart from 26 countries that have installed their small LNG terminals, which are already in operation, 10 other countries have plans to venture into the global market for small and medium scale LNG by 2020. The potential entry of new players in the market has further enhanced the prospects of the small and medium scale LNG across the globe to expand rapidly.
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Among the different economies dominating the demand for LNG in the global scenario, economies like the US, China and South East Asia have registered strongest demand for LNG especially in remote areas. Countries located in South East Asia, America and regions around Baltic Sea are looking forward to foray into the market given the growing opportunities provided by the industry.
The research study on global small and medium scale LNG presents an in-depth analysis and detailed study on many important aspects related to the growth, technology employed, opportunities and challenges of the industry. Many important factors crucial to the growth and expansion of the industry are included in the report such as:
• Top ten trends pertaining to the challenges, drivers and current status of the global small and medium LNG markets.
• Investment opportunities provided by the 25 small and operational LNG markets across the globe.
• Potential growth to be registered by the Global small and medium scale LNG market between 2000 and 2020.
• The overview of the 300 planned and operational small and medium scale LNG terminals is also included in the report.
• The report provides market analysis of 40 countries including Australia, Brazil, Canada, China, Ecuador, Finland, Greece, Germany, Russia, Thailand, United Kingdom, United States and many more.
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