Global LNG regas project tracker H1 2021: LNG-to-power projects create new demand Report

Commodity Market Report 01 March 2021

This report is currently unavailable

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

A turbulent year in 2020 has pushed back final investment decisions (FIDs) on both construction of new regas terminals and expansion projects at existing terminals. Consequently, more regas capacity is expected to be sanctioned in 2021 than in 2020. However, record high spot prices over the 2020/2021 winter period has emphasised the volatility of LNG and may cause developers to rethink future regas developments. We believe 6 projects with a combined capacity of 25 mmtpa have a good chance of taking FID in 2021. These proposed terminals are located in Europe, Brazil, Australia and China. This report identifies new and under construction regas terminals, expansions at existing regas terminals and benchmarks development at pre-FID projects against a number of milestones. The Excel download is the main deliverable of this report and includes details on 41 under construction regas terminals, 144 pre-FID projects, expansions at 18 existing terminals and 8 recently opened terminals.