ENTSOG TYNDP 2017 - Main Report

Ten-Year Network Development Plan 2017 Main Report |

125

400

200

600

800

1,200

1,000

bcma

Liquefaction capacity

Regasification capacity

Middle East

Pacific Basin

Atlantic Basin

Middle East

Asia Pacific

Europe and Eurasia

Americas

Figure 3.37:

Liquefaction vs. Regasification capacity

(Source: GIIGNL 2015)

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

As shown in the next figure, in 2015 the regasification capacity remains more than

twice higher than the liquefaction capacity.

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)