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Image courtesy of REN
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Ten-Year Network Development Plan 2017 Main Report
Atlantic basin
The LNG production in the Atlantic basin reached its maximum in 2010 with
83.5bcm (918TWh), since then it decreased by 14% to 71.7bcm. In 2015, the
biggest Atlantic basin LNG producer was Nigeria (38%), followed by Trinidad and
Tobago (24%) and Algeria (23%).
Middle East
The LNG production in the Middle East showed a steady increase until 2009. The
production increased sharply in 2010 and 2011 thanks to the commissioning of new
liquefaction trains in Qatar. Since then the evolution of this basin is stable, reaching
126 bcm (1,386 TWh) in 2015, mainly dominated by Qatar with a market share
between 75 and 84% of the Middle East production in the past 5 years. Other pro-
ducers in the region are Oman and Arab Emirates (with market shares below 10%).
Pacific basin
The LNG production in the Pacific basin reached a maximum in 2015 with 136bcm
(1,496TWh). Australia has experienced a substantial increase in LNG production
over the last few years reaching a market share of 29% of the Pacific Basin in 2015,
overtaking Malaysia (25%) as the main LNG producing country in the Pacific basin,
followed by Indonesia (16%).