11 LNG projects globally become operational in 2016
- Six new LNG import terminals and five expansions became operational last year, says IEA

A total of 34.2 billion cubic meters of new regasification capacity was added with 11 projects to global regasification facilities in 2016, according to the latest natural gas report of International Energy Agency (IEA).

The IEA said that the capacity activated in 2016 was lower than the large addition of 47.9 billion cubic meters seen in 2015.

Six new LNG import terminals and five expansions to existing LNG receiving terminals came on line in nine countries in 2016.

Colombia, Finland and Jamaica became importers for the first time during this period.

"Among the 11 projects, five were designed with floating technologies, highlighting the increased popularity of this technology, particularly in developing countries where lower upfront capital costs and shorter deployment times tend to be particularly attractive," the IEA noted.

Last year, the expansion of Argentina's GNL Escobar floating storage and regasification units (FSRUs) came on stream with 1 billion cubic meters of capacity while China added 12.2 billion cubic meters of regasification capacity.

Finland, India, Indonesia, Jamaica, Turkey and the U.A.E. added the remaining capacity.

By Murat Temizer

Anadolu Agency


20 Jul,2017