The LNG industry is experiencing strong growth in its current market- posting an impressive 297.63 bcm in LNG imports during 2010(BP 2011: 29). However, it is still a budding industry because Russia and Iran- owners of the largest gas reserves in the world are still fledgling LNG exporters (Economides and Wood 2009). According to Kumar et al. (2011) LNG is also a clean substitute over petrol and diesel. Moreover the Asian tigers like Japan, China and India are still growing their economies (ExxonMobil 2010: 8). Thus, the Asian tigers’ LNG demand, the eco-nature of LNG, coupled with Russia and Iran’s LNG exports - can create a more robust LNG market in the future. This paper examines the existing and future market of LNG – in the light of major LNG players in each region.
Inhaltsverzeichnis (Table of Contents)
- 1. Introduction
- 2. An Overview of the LNG Market at the Global Level
- 3. The LNG Market at the Regional Level
- 3.1 The Current & Future Market of Middle East
- 3.2 The Current & Future Market of North America Market
- 3.3 The Current & Future Market of Asia Pacific’s Market
- 3.4 The Current & Future Market of Europe and Eurasia
- 3.5 The Current & Future Market of Africa’s Market
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper examines the current and future market of Liquefied Natural Gas (LNG), focusing on major LNG players in different regions. It analyzes the global LNG market trends and growth, considering factors such as increasing demand for clean energy, growing economies in Asia, and the potential for increased LNG exports from countries like Russia and Iran.
- Global LNG market overview and trends
- Regional analysis of LNG markets (Middle East, North America, Asia Pacific, Europe and Eurasia, Africa)
- The role of major LNG players in each region
- Factors influencing the future of the LNG market (e.g., environmental concerns, economic growth, geopolitical factors)
- Analysis of current and future LNG imports and exports
Zusammenfassung der Kapitel (Chapter Summaries)
1. Introduction: The introduction highlights the growing global demand for cleaner energy sources, specifically LNG, due to environmental concerns and economic growth. It sets the stage for the following sections by outlining the structure and scope of the paper.
2. An Overview of the LNG Market at the Global Level: This section provides a global overview of the LNG market, discussing the number of existing and planned liquefaction and regasification projects. It highlights the projected growth in liquefaction facilities and the key regions expected to experience significant export growth.
3. The LNG Market at the Regional Level: This section offers detailed regional analyses, focusing on the Middle East (Qatar and Iran), North America (US and Canada), Asia Pacific (Japan, China, and India), Europe and Eurasia (including Russia), and Africa. For each region, it discusses the current market status, major players, imports, exports, and future growth potential, drawing upon data from various sources.
Schlüsselwörter (Keywords)
Liquefied Natural Gas (LNG), natural gas, energy market, global energy demand, regional LNG markets, Middle East, North America, Asia Pacific, Europe, Africa, LNG imports, LNG exports, environmental concerns, economic growth, clean energy, geopolitics, energy security.
- Quote paper
- Nana Yaw Addo-Korie (Author), 2011, LNG - A Review of Current and Future Markets, Munich, GRIN Verlag, https://www.grin.com/document/187167
