Energy


Liquefied Natural Gas


The global LNG market will be worth $66 billion in 2027, doubling from 2020. An accelerating trend is the further diversification of LNG suppliers and customers and the globalization of the market. It is fostered by the expansion of infrastructure and the establishment of more trading hubs. The LNG market growth rate is also being driven by new financing instruments and pricing policies. Continued development of the LNG supply fleet and Floating Storage Regasification Units (FSRUs) is necessary to meet numerous logistical challenges.