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Liquefied Natural Gas Market

Liquefied Natural Gas Market<br>

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Liquefied Natural Gas Market

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  1. Liquefied Natural Gas MarketSet to Exceed USD 19.73 billion by 2026 | CAGR 9.1% “Liquefied Natural Gas (LNG) Market Share, Size, Trends, Industry Analysis Report, By Application Type (Industrial & Mining, Transportation and Power Generation); By Regions, Segments & Forecast, 2018 - 2026”

  2. Liquefied Natural Gas Market Estimate & Forecast to 2026 The global Liquefied Natural Gas (LNG) market is anticipated to reach USD 19.73 billion by 2026 according to a new study published by Polaris Market Research. Global demand for natural gas has risen significantly and has experienced a premium annual growth of 1.6% between 2015 to 2040.  Consumption of natural gas growth is increased from over 3.5 tscm in 2014 to almost 5.2 tscm in 2040. The World Gas Model has scheduled its production dependent on the lowest cost, accounting the transportation to market through LNG or pipeline as well as cost of production that are subject to contractual obligations. Worldwide LNG capacity has increased by 50% from 2015 to 2020, with several new projects currently under construction and ready to enter service influencing the Liquefied Natural Gas (LNG) market. Moreover, another wave of upcoming LNG projects are planned between 2024 to 2030 and the third part from 2035 onwards. The U.S. has been a significant player in increasing demand for this product, with anticipation of hosting six projects up to 2020. Canada is also expected to launch three installation projects for liquefaction all of them in the Pacific coast, two after 2020 and one in 2035. Africa is also expected to play an important role in increasing demand of LNG directly increasing the Liquefied Natural Gas (LNG) market. New liquefaction capacities are planned for set up in Cameroon, Angola, Mozambique, Equatorial Guinea and Tanzania by 2025. A offline capacity is projected to re-enter into services by 2023.

  3. Liquefied Natural Gas Market Estimate & Forecast to 2026 The Asia Pacific market is the most potential Liquefied Natural Gas (LNG) market currently with increasing energy demand. Although, the region is a major natural gas consuming market lacks a transparent and liquid LNG pricing benchmark like the one in Henry Hub in the U.S. or the National Balancing Point in the UK. Several projects are under way that will facilate the price discovery in the Asian market. China, Singapore and Japan are currently the region’s developing trading hubs and have also launched LNG pricing indexes to increase the transparency in price formation. Access Research Report On Liquefied Natural Gas Market Some of the leading industry participants in the Liquefied Natural Gas (LNG) market include Gazprom, ExxonMobil, China National Petroleum Corporation, Royal Dutch Shell, BP, Chevron, Total, Statoil, ConocoPhillips, Eni, Freeport Liquefaction LLC, INPEX, Kitsault Energy, Next Decade, NIOC, Novatek, Petronas, Rosneft, Sempra Energy, Steelhead LNG, Stewart Energy, Veresen, Woodfibre LNG, and Woodside.

  4. Liquefied Natural Gas Market Size Request for Sample

  5. Liquefied Natural Gas Market Study – Engagement Options Buy Now – Click Here! Buy now & have immediate access to premium insights Purchase Report Sections – Click Here! Regional analysis Segmentation analysis Industry outlook Competitive landscape Speak To Analyst – Click Here! Get your doubts clear Schedule a call with our analyst before making any decision Request For Sample Pages – Click Here! Get free sample pages Understand report structure Unmask data for validation

  6. About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to e present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Web: www.polarismarketresearch.com

  7. Thank You! Contact Us : Polaris Market Research30 Wall Street8th Floor, New York City, NY 10005,United States E mail Id: sales@polarismarketresearch.com Phone: +1-646-568-9980

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