In 2009, the country turned to LNG imports via a Floating Storage and Regasification Unit (FSRU) to meet further requirements in power. Peak power demand during the hot summer months (April to October) is driven by air conditioning loads, making the country's gas demand very seasonal. In 2016, Kuwait sanctioned an onshore LNG import terminal. It will be the first large-scale onshore facility in the region, which currently relies exclusively on FSRUs. It is expected to start operations early next decade. The facility will likely change the country's import patterns, giving it more flexibility to optimise deliveries and manage seasonal gas demand fluctuations.
Why buy this report?
Use our report to:
Gain a thorough understanding of supply and demand side drivers for LNG in Kuwait in the short, medium and long term
Get detailed analysis of the likely impact of the planned onshore LNG import terminal on Kuwait's LNG import patterns
Identify how market dynamics have changed by reviewing historical import patterns
This report provides a comprehensive overview of the LNG market in Kuwait for the next 20 years. It includes:
Data and visualisations on supply, demand, price, and more
Overview of current and historic LNG supply deals, value and volumes, as well as historic imports
Cost analysis for a range of present and future potential sources of LNG