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The World LNG Market Forecast 2018-2022 is presented using SECTORS, detailed analysis, and commentary on eight distinct regions with a ten-year market view – historic data covering the period 2013-2017 and forecast data for 2018-2022.
Global LNG Capex to total $236bn, as investors expect stronger LNG demand
Westwood expects global LNG capital expenditure (Capex) to total $236 billion (bn) over the 2018-2022 period, based on its latest analysis of sanctioned and upcoming projects. This represents a 14% growth compared to the preceding five-year period. In the near-term, expenditure is expected to be subdued due to the lack of project sanctioning seen during the oil price downturn. The LNG shipbuilding business is also expected to recover with over 150 further orders expected to be placed for delivery over the period to 2022.
Global LNG Capex by Facility Type 2013-2022
Contact us to access the latest LNG project details and forecast databook via SECTORS.
Whilst Westwood’s SECTORS LNG Module provides project-by-project information and Capex details by service type, the report further provides detailed insight on:
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