WORLDWIDE LNG MARKETS

This analysis covers LNG technology, economic and markets. Specifically, worldwide LNH imports at $758 million this year will increase to $2.35 billion by 1980. But of even greater interest, adds the study, "the stage is set for a very important quantitative rise in LNG shipments to occur between 1980 and 1985." Worldwide imports will soar to $7.9 billion by the end of that period. To create such worldwide LNG production capacity, industry will make some $17 billion in capital investments over the 10-year period as follows: Baseload LNG plants: Investments to total $7 billion in 16 equipment categories (controls, valves, heat exchangers, etc.) and three service categories, each analyzed in depth in the two-volume F&S study. Storage: Capital investment at $1 billion to boost LNG storage capacity by nearly 10 million tons. LNG Carriers: A "conservative." Forecast shows that same 60 LNg camers will be necessary as a minimum to met transportation demands, and this will entail a $9-billion capital investment. The projections weigh the principle technology culternatives that include 21 different LNG production processes, all principle LNG carrier designs, and LNG production outlook on a county-by county basis.

  • Corporate Authors:

    Maritime Activity Reports Incorporated

    107 East 31st Street
    New York, NY  USA  10016
  • Publication Date: 1977-8-1

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00165456
  • Record Type: Publication
  • Source Agency: Maritime Reporter and Engineering News
  • Files: TRIS
  • Created Date: Nov 23 1977 12:00AM