Global liquefaction capacity increased by 4.3% in 2022

acAs of April 2023, the global LNG trade connected 20 exporting markets with 48 markets with importing infrastructure, and an increasingly globalised LNG market made it possible to re-route massive volumes of energy in a matter of months. This is according to the recently published Global LNG report 2023 update by the IGU. In 2022, global liquefaction capacity grew by 4.3% to a total of 478.4 MTPA, and 75% of the increase in 2022 came from the U.S., giving it the largest operational liquefaction capacity worldwide (88.1 MTPA). The volume of approved liquefaction capacity declined to 25.2 MTPA compared to […]