ENTSOG TYNDP 2017 - Main Report

North America

From 2001, the North American market was limited to the US, where a strong growth was expected to be met by increasing imports. After the shale gas revolution, decrease of US LNG imports since 2007 (22bcma) has been partially replaced by Mexico. Mexican LNG imports started in 2006 and accounted for 69% (7bcma) of the LNG in the area in 2015.

South and Central America

Until 2008 only small volumes were imported to Puerto Rico and Dominican Repub- lic. Since 2008 Chile, Brazil and Argentina have become LNG importers. Brazil and Argentina account together for two thirds of the market and Chile has a market share of 20%.

Liquefaction vs. regasification capacity   1)

As shown in the next figure, in 2015 the regasification capacity remains more than twice higher than the liquefaction capacity.

1,200 bcma

1,000

800

600

400

200

0

Regasification capacity

Liquefaction capacity

Middle East Asia Pacific Europe and Eurasia Americas

Middle East Pacific Basin Atlantic Basin

Figure 3.37: Liquefaction vs. Regasification capacity (Source: GIIGNL 2015)

Regasification capacity The regasification capacity was expanded in 2015 by 32 bcma with three new onshore terminals, two in Japan and one in Indonesia, and four offshore terminals, in Egypt (two), Jordan and Pakistan. One more expansion project was also complet- ed in Chile. In Europe, 2016 saw the start of commercial operation of the Polish Swinoujscie and French Dunkirk terminals. Moreover, there are fifteen terminals currently under construction with a total regas- ification capacity of 99 bcma, of which 71 bcma are located in Asia (with eight terminals in China).

 1) liquefaction capacities are converted from MTPA. The volume and energy content depend on the composition and the reference conditions of the LNG. The following approximation has been considered: 1 MTPA (liquid volume) = 1.37 bcma (gas volume)

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