LNG Regasification Industry Outlook in Asia and Oceania to 2023 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Regasification Terminals

LNG Regasification Industry Outlook in Asia and Oceania to 2023 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Regasification Terminals

LNG Regasification Industry Outlook in Asia and Oceania to 2023 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Regasification Terminals

Summary

India is expected to drive capacity growth in Asia and Oceania’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 35% of the total growth. India’s new-build regasification capacity is expected to grow from 730.5 billion cubic feet (bcf) in 2019 to 3,209 bcf in 2023. The planned terminals, which have received relevant approvals in India, are expected to contribute 1,784.6 bcf of capacity in 2023 while early-stage announced projects are expected to contribute 1,424.5 bcf of capacity.

A total of 17 new-build terminals are expected to contribute LNG regasification capacity growth in India during the outlook period. Among these, eight are planned terminals while nine are announced terminals. The Yanam regasification terminal is expected to add the highest capacity of 535.7 bcf among these terminals in 2023. China stands as the second highest country in terms of regasification capacity growth in Asia and Oceania in 2023. Around 58% of the country’s regasification capacity growth is expected to come from four early-stage announced projects while the remaining 42% will come from four planned terminals. The Putian terminal is expected to have the highest capacity among these terminals with 292.2 bcf of capacity in 2023.

Bangladesh is expected to add all of its new-build capacity growth from three announced regasification terminals by 2023. Of these, the Matarbari III terminal is expected to have the highest capacity of 362.3 bcf in 2023.

LNG Regasification Industry Outlook in Asia and Oceania to 2023 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Regasification Terminals, is a comprehensive report on the Asia and Oceania LNG regasification industry. The report provides terminal name, operator name and design regasification processing capacity for all active, planned, announced, suspended, and decommissioned LNG regasification terminals by region and country for the period 2013-2023. Planned and announced (new-build) LNG regasification terminals capacity additions, and existing capacity expansions by key countries in a region were also included. The report provides regional new-build LNG regasification capital expenditure outlook by key countries, year on year, from 2019 to 2023. Further the report also offers recent developments and latest awarded contracts at country level, wherever available.

Scope

  • Updated information on all active, planned and announced regasification terminals in Asia and Oceania with start year up to 2023
  • Provides capacity data by regasification terminals from 2013 to 2018, outlook up to 2023
  • Provides key details such as terminal name, operator name, terminal status for all active, planned and announced regasification terminals in Asia and Oceania
  • Provides capital expenditure outlook by year and by key countries for planned and announced (new-build) regasification terminals till 2023
  • Latest developments and contracts related to regasification terminals, wherever available.
Reasons to buy
  • Obtain the most up to date information available on active, planned and announced regasification terminals in Asia and Oceania
  • Identify growth segments and opportunities in the industry
  • Facilitate decision making on the basis of strong historic and outlook of capacity data
  • Assess key regasification terminals data of your competitors.


  • Introduction
    • What is this Report About?
    • Market Definition
  • Asia and Oceania LNG Regasification Industry
    • Asia and Oceania LNG Regasification Industry, An Overview
      • Table LNG Regasification Industry, Asia and Oceania, LNG Key Statistics, 2018
    • Asia and Oceania LNG Regasification Industry, Regasification Snapshot
      • Asia and Oceania LNG Regasification Industry, Regasification Capacity by Key Countries, 2013–2023
        • Table LNG Regasification Industry, Asia and Oceania, Regasification Capacity by Key Countries (bcf), 2013–2023
        • Table Figure 1: LNG Regasification Industry, Asia and Oceania, Regasification Capacity Share vis-à-vis Growth by Key Countries (%), 2013–2018
    • Asia and Oceania LNG Regasification Industry, Country Comparisons
      • Asia and Oceania LNG Regasification Industry, Country Comparison based on Contribution to Asia and Oceania Regasification Capacity
        • Table LNG Regasification Industry, Asia and Oceania, Contribution to Regional Regasification Capacity by Key Countries (%), 2018
        • Table Figure 2: LNG Regasification Industry, Asia and Oceania, Contribution to Regional Regasification Capacity by Key Countries (%), 2018
    • Asia and Oceania LNG Regasification Industry, Planned and Announced Regasification Terminals, Capacity Additions and Capex by Key Countries
      • Asia and Oceania LNG Regasification Industry, Planned and Announced Regasification Terminal Details, 2019–2023
        • Table LNG Regasification Industry, Asia and Oceania, Planned and Announced Regasification Terminal Details, 2019–2023
      • Asia and Oceania LNG Regasification Industry, Annual New-Build Capital Expenditure Outlook for Planned and Announced Regasification Terminals
        • Table LNG Regasification Industry, Asia and Oceania, Annual New-Build Capital Expenditure Outlook for Planned and Announced Regasification Terminals (US$ mil), 2019–2023
        • Table Figure 3: LNG Regasification Industry, Asia and Oceania, Annual New-Build Capital Expenditure Outlook for Planned and Announced Regasification Terminals (US$ mil), 2019–2023
      • Asia and Oceania LNG Regasification Industry, Annual New-Build Capital Expenditure Outlook for Planned and Announced Regasification Terminals by Key Countries
        • Table LNG Regasification Industry, Asia and Oceania, Annual New-Build Capital Expenditure Outlook for Planned and Announced Regasification Terminals by Key Countries (US$ mil), 2019–2023
        • Table Figure 4: LNG Regasification Industry, Asia and Oceania, Annual New-Build Capital Expenditure Outlook for Planned and Announced Regasification Terminals by Key Countries (US$ mil), 2019–2023
    • Asia and Oceania LNG Regasification Industry, New Terminals and Capacity Expansions by Key Countries
      • Asia and Oceania LNG Regasification Industry, Total Regasification Capacity Additions Through All Terminals by Key Countries, 2019–2023
        • Table LNG Regasification Industry, Asia and Oceania, Total Regasification Capacity Additions Through All Terminals by Key Countries (bcf), 2019–2023
      • Asia and Oceania LNG Regasification Industry, Regasification Capacity Addition Through New Terminals by Key Countries, 2019–2023
        • Table LNG Regasification Industry, Asia and Oceania, Regasification Capacity Addition Through New Terminals by Key Countries (bcf), 2019–2023
      • Asia and Oceania LNG Regasification Industry, Regasification Capacity Addition Through Existing Terminal Expansions by Country, 2019–2023
        • Table LNG Regasification Industry, Asia and Oceania, Regasification Capacity Addition Through Existing Terminal Expansions by Country (bcf), 2019–2023
  • Asia and Oceania LNG Regasification Industry, Japan
    • Table LNG Regasification Industry, Japan, Regasification Capacity (bcf), 2013–2023
  • Asia and Oceania LNG Regasification Industry, South Korea
    • Table LNG Regasification Industry, South Korea, Regasification Capacity (bcf), 2013–2023
  • Asia and Oceania LNG Regasification Industry, China
    • Table LNG Regasification Industry, China, Regasification Capacity (bcf), 2013–2023
    • Recent Developments
      • Apr 16, 2019: Phoenix, PNOC visit CNOOC site in China
      • Apr 03, 2019: Total and Guanghui sign Long-Term LNG Sale and Purchase Agreement
      • Nov 06,2018: Hoegh LNG: Hoegh Esperanza Commissioning for FSRU Operations in Tianjin, China
      • Oct 01, 2018: Stolt-Nielsen, Golar LNG and Hoegh LNG Holdings Announce Joint $182 Million Investment in Avenir LNG
    • Recent Contracts
      • Mitsui OSK Lines Secures Contract from the Castle Peak Power Co and Hongkong Electric
        • Table Mitsui OSK Lines Secures Contract from the Castle Peak Power Co and Hongkong Electric
      • Mitsui O.S.K. Lines (MOL) Secures Long Term Contract for the Charter of Floating Storage and Regasification Unit (FSRU)
        • Table Mitsui O.S.K. Lines (MOL) Secures Long Term Contract for the Charter of Floating Storage and Regasification Unit (FSRU)
  • Asia and Oceania LNG Regasification Industry, India
    • Table LNG Regasification Industry, India, Regasification Capacity (bcf), 2013–2023
    • Recent Developments
      • Mar 11, 2019: Indian Oil Commissions Ennore LNG Import and Regasification Terminal
      • Jul 08, 2018: India-based GSPC to Commission 5Mtpa LNG Import Terminal
      • May 15, 2018: GDF SUEZ To Install Floating LNG Terminal In India
      • Apr 15, 2018: Adani Ports Signs Long Term Regasification Pact With Indian Oil For Dhamra LNG Terminal
    • Recent Contracts
      • Tamrotor Marine Compressors (TMC) Secures Contract from Hyundai Heavy Industries (HHI)
        • Table Tamrotor Marine Compressors (TMC) Secures Contract from Hyundai Heavy Industries (HHI)
      • Tamrotor Marine Compressors (TMC) Secures Contract for the Supply of two Feed Air Compressors to a Nitrogen System for use at Floating Storage Regasification Unit (FSRU) being Built at Hyundai Heavy Industries' Shipyard in South Korea for Swan Energy's Liquefied Natural Gas (LNG) Import Terminal in Jafrabad, Gujarat, India.
        • Table Tamrotor Marine Compressors (TMC) Secures Contract for the Supply of two Feed Air Compressors to a Nitrogen System for use at Floating Storage Regasification Unit (FSRU) being Built at Hyundai Heavy Industries' Shipyard in South Korea for Swan Energy's Liquefied Natural Gas (LNG) Import Terminal in Jafrabad, Gujarat, India.
      • Lloyd's Register (LR) Group Secures Contract for the Classification of Jafrabad Floating Storage Regasification Unit (FSRU)
        • Table Lloyd's Register (LR) Group Secures Contract for the Classification of Jafrabad Floating Storage Regasification Unit (FSRU)
      • CTCI Corporation Secures Contract Worth US$240 Million from Adani Energy
        • Table CTCI Corporation Secures Contract Worth US$240 Million from Adani Energy
  • Asia and Oceania LNG Regasification Industry, Singapore
    • Table LNG Regasification Industry, Singapore, Regasification Capacity (bcf), 2013–2023
  • Asia and Oceania LNG Regasification Industry, Pakistan
    • Table LNG Regasification Industry, Pakistan, Regasification Capacity (bcf), 2013–2023
    • Recent Developments
      • Dec 17, 2018: Vopak acquires 29% shareholding in Elengy Terminal Pakistan
  • Asia and Oceania LNG Regasification Industry, Taiwan
    • Table LNG Regasification Industry, Taiwan, Regasification Capacity (bcf), 2013–2023
    • Recent Contracts
      • Osaka Gas Engineering (OGE) Entered into an Agreement with CPC Corporation
        • Table Osaka Gas Engineering (OGE) Entered into an Agreement with CPC Corporation
      • Osaka Gas Engineering (OGE) Entered into an Agreement with Taiwan Power Company (TPC)
        • Table Osaka Gas Engineering (OGE) Entered into an Agreement with Taiwan Power Company (TPC)
  • Asia and Oceania LNG Regasification Industry, Thailand
    • Table LNG Regasification Industry, Thailand, Regasification Capacity (bcf), 2013–2023
    • Recent Contracts
      • Aspen Aerogels Secures Contract From SPCC
        • Table Aspen Aerogels Secures Contract From SPCC
      • Saipem and CTCI Corporation Secures Contract Worth Approximately US$925 Million from PTT LNG Company
        • Table Saipem and CTCI Corporation Secures Contract Worth Approximately US$925 Million from PTT LNG Company
      • Exergy Secures Contract from Samsung Engineering
        • Table Exergy Secures Contract from Samsung Engineering
      • Tokyo Gas Engineering Solutions (TGES) Secures Contract from PTT LNG Company
        • Table Tokyo Gas Engineering Solutions (TGES) Secures Contract from PTT LNG Company
  • Asia and Oceania LNG Regasification Industry, Indonesia
    • Table LNG Regasification Industry, Indonesia, Regasification Capacity (bcf), 2013–2023
    • Recent Developments
      • Dec 07, 2018: MOL to Participate in Construction, Ownership, Operation of FSRU for Jawa 1 Gas-fired IPP Project in Indonesia
  • Asia and Oceania LNG Regasification Industry, Malaysia
    • Table LNG Regasification Industry, Malaysia, Regasification Capacity (bcf), 2013–2023
    • Recent Developments
      • Apr 25, 2019: PETRONAS Offers Gassing up and Cooling Down Services at Pengerang LNG Regasification Terminal
    • Recent Contracts
      • Johor Port Signed Marine Services Agreement (MSA) with Petronas LNG (PLL)
        • Table Johor Port Signed Marine Services Agreement (MSA) with Petronas LNG (PLL)
      • Muhibbah Engineering Secures Contract from Regas Terminal (Sungai Udang)
        • Table Muhibbah Engineering Secures Contract from Regas Terminal (Sungai Udang)
  • Asia and Oceania LNG Regasification Industry, Bangladesh
    • Table LNG Regasification Industry, Bangladesh, Regasification Capacity (bcf), 2013–2023
    • Recent Developments
      • May 01, 2019: Excelerate's FSRU "Summit LNG" Flowing Gas into Bangladesh
      • Apr 29, 2019: Summit LNG Terminal: Natural Gas Flows from `Summit LNG' a Month ahead of Schedule
      • May 04, 2018: Jumbo Completes Work On Bangladesh LNG Terminal
      • Jan 09, 2018: Summit LNG Selects PSA Marine Bangladesh for Vessel Support Services
      • Jan 05, 2018: Summit Power International Awards 15-year Contract To PSA Marine for Support Vessel Services for an LNG Terminal in Bangladesh
    • Recent Contracts
      • Klaw LNG Secures Contract from Excelerate Energy
        • Table Klaw LNG Secures Contract from Excelerate Energy
      • Exmar Secures 10-Year Contract from Gunvor Group for the Provision of a Floating Storage and Regasification Unit (FSRU) Barge and Related Services for a Liquefied Natural Gas (LNG) Import Facility Project in Bangladesh
        • Table Exmar Secures 10-Year Contract from Gunvor Group for the Provision of a Floating Storage and Regasification Unit (FSRU) Barge and Related Services for a Liquefied Natural Gas (LNG) Import Facility Project in Bangladesh.
      • PSA Marine Bangladesh Secures 15-Year Contract from Summit LNG Terminal
        • Table PSA Marine Bangladesh Secures 15-Year Contract from Summit LNG Terminal
  • Asia and Oceania LNG Regasification Industry, Philippines
    • Table LNG Regasification Industry, Philippines, Regasification Capacity (bcf), 2013–2023
    • Recent Developments
      • Jan 31, 2019: Pertamina to Invest $1bn in Philippines for Regasification Hub Project
      • Jan 30, 2018: ADB Signs Agreement With PNOC To Act As Advisor On Philippines' First LNG Hub Project
    • Recent Contracts
      • China Energy Equipment Company (CEEC) Secures Turnkey Contract for the Engineering, Procurement and Construction of US$1 Billion Floating Storage Regasification Unit
        • Table China Energy Equipment Company (CEEC) Secures Turnkey Contract for the Engineering, Procurement and Construction of US$1 Billion Floating Storage Regasification Unit
      • General Electric (GE) Secures Contract to provide H-Class Gas Turbine Technology for US$1 Billion Floating Storage Regasification Unit
        • Table General Electric (GE) Secures Contract to provide H-Class Gas Turbine Technology for US$1 Billion Floating Storage Regasification Unit
  • Asia and Oceania LNG Regasification Industry, Vietnam
    • Table LNG Regasification Industry, Vietnam, Regasification Capacity (bcf), 2013–2023
    • Recent Developments
      • May 22, 2019: NOVATEK Signed MoU with Ninh Thuan Province in Vietnam
    • Recent Contracts
      • Samsung C&T Secures Contract Worth US$179.5 Million from PetroVietnam Gas (PV Gas)
        • Table Samsung C&T Secures Contract Worth US$179.5 Million from PetroVietnam Gas (PV Gas)
  • Asia and Oceania LNG Regasification Industry, Australia
    • Table LNG Regasification Industry, Australia, Regasification Capacity (bcf), 2013–2023
    • Recent Developments
      • Dec 21, 2018: Hoegh LNG Selected as FSRU Provider to AGL's Crib Point LNG Project
      • Jun 12, 2018: APA To Develop Crib Point Pakenham Pipeline For AGL's LNG Import Facility
    • Recent Contracts
      • Watpac Signed an Agreement with EPIK Co
        • Table Watpac Signed an Agreement with EPIK Co
      • Mott MacDonald Group Secures Contract from EPIK Co
        • Table Mott MacDonald Group Secures Contract from EPIK Co
      • Arup Group Secures Contract from EPIK Co
        • Table Arup Group Secures Contract from EPIK Co
      • Hoegh LNG Holdings Signed a 10-year Time Charter Party Agreement with AGL Shipping
        • Table Hoegh LNG Holdings Signed a 10-year Time Charter Party Agreement with AGL Shipping
      • Hoegh LNG Secures Contract from Australian Industrial Energy (AIE)
        • Table Hoegh LNG Secures Contract from Australian Industrial Energy (AIE)
  • Asia and Oceania LNG Regasification Industry, Sri Lanka
    • Table LNG Regasification Industry, Sri Lanka, Regasification Capacity (bcf), 2013–2023
    • Recent Contracts
      • China Machinery Engineering Corp Secures Contract for the EPC of Liquefied Natural Gas Regasification Project in Hambantota, Sri Lanka.
        • Table China Machinery Engineering Corp Secures Contract for the EPC of Liquefied Natural Gas Regasification Project in Hambantota, Sri Lanka.
  • Appendix
    • Abbreviations
    • Status Definition
    • Methodology
      • Coverage
      • Secondary Research
    • Contact Us
    • Disclaimer

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