Global LNG market needs more FIDs

global LNG Hub

From 2000 to 2019, the LNG market has grown by an annual average of 6.7 percent

Nearly 70 mtpa of LNG capacity FIDs in 2019, 21 mtpa of LNG capacity FIDs in 2018

Available supply is expected to be 433 mtpa in 2025 compared to projected demand of 517 mtpa

At least 84 mtpa of additional capacity needs to achieve FID to supply the expected global LNG shortfall by 2025

Source: Next Decade LNG

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