North America is expected to see the highest small-scale natural gas liquefaction capacity additions in the world, according to a new report from GlobalData.
North America will contribute about 37% of the global additions by 2024, said the data analytics and consulting from with headquarters in the United Kingdom.
The report estimates that North American is likely to see total small-scale LNG liquefaction capacity additions of 7,270 kilo-tonnes per annum by 2024, Kallanish Energy reports.
Planned projects that have gotten approvals will account for nearly 2,890 ktpa while the remaining capacity of 4,380 ktpa is expected from early stage announced projects, GlobalData said.
“North America is expected to witness the start of operations at 26 new-built small-scale LNG terminals by 2024,” said Haseeb Ahmed, oil and gas analyst at GlobalData, in a statement.
He said nine are planned terminals and the remaining 17 are announced projects.
The two biggest small-scale projects in the United States are New Fortress Energy’s Browntown I and II projects in northeast Pennsylvania, each with capacity of 2,120 ktpa.
Those LNG would process the natural gas from the Marcellus Shale and ship the LNG 200 miles by rail and truck to New Jersey for export from a facility on the Delaware River.
Such rail shipments are being opposed in lawsuits.
GlobalData identified the former Soviet Union as the No. 2 growth area for small-scale LNG, contributing 26% or 5,120 ktpa by 2024.
That region has seven planned projects and eight announced projects.
The three largest projects are all in Russia: Portovaya, Astra and Moshik.
Asia including China ranks No. 3 for small-scale LNG growth with 15% of LNG capacity from 2020-2024. It has 14 planned and two announced projects.
There is no standard definition of what constitutes small-scale LNG.
This post appeared first on Kallanish Energy News.