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  United States  10016
• Publication Date: 1977-8-1

Media Info

• Pagination: 1 p.
• Serial:
  • MARITIME REPORTER AND ENGINEERING NEWS
  • Volume: 39
  • Issue Number: 17

Subject/Index Terms

• TRT Terms: Economic analysis; Economics; Freight transportation; Fuel storage; Imports; Liquefied natural gas; Market surveys
• Old TRIS Terms: Lng economics; Lng imports; Lng storage; Lng transportation; Market studies
• Subject Areas: Economics; Freight Transportation; Marine Transportation;

Filing Info

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