Global Small Scale LNG Market Analysis & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Small Scale LNG Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The Global small scale Liquefied Natural Gas (ssLNG) market is a niche and nascent industry. The small-scale LNG plant with a capacity less than 1 MTPA can be constructed within three years, compared to the large-scale LNG plants, which can take up to 10 years and high capital expenditure (CAPEX).

The regulatory environment encompassing the use of shipping fuel is expected to become more stringent as climate change initiatives build momentum. From January 2020, a new global emissions cap will reduce allowable emissions of sulfur in regions that are not emission control areas (ECAs) from 3.5% to 0.5%. These limits are pushing the maritime industry to implement measures to incorporate more significant use of LNG.

Europe has always been a pioneer in the implementation of small scale LNG projects across the globe. Stricter regulations on the marine sector and huge subsidies on the use of LNG are stimulating the use of ssLNG as a bunker fuel in Europe. Despite sustained low oil prices and market uncertainty, there has been a significant increase of small scale LNG projects in the region.

The Singapore Government has been working jointly with industry players to advance the nation as a regional hub for small scale development. There has been a positive response for the small scale from the local harbor craft industry, and LNG-fuelled tugboats and bunker tankers delivering conventional fuels, which are expected to be operational from 2018. In 2017, Singapore LNG Corporation has successfully performed its first small scale LNG reload at its terminal on Jurong Island.

Companies Mentioned

  • Linde Group
  • Wartsila Oyj Abp
  • General Electric Company
  • Honeywell International Inc.
  • Chart Industries Inc.
  • Black & Veatch Corp
  • Anthony Veder Group N.V.
  • IM Skaugen SE
  • Evergas A/S
  • Royal Dutch Shell plc
  • Engie SA
  • Gazprom PAO
  • Total SA S.A.gas AS

Key Topics Covered:

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Supply Chain Analysis

6. Industry Attractiveness

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

10. Competitive Landscape

11. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/rffzgn/global_small?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900
Related Topics: LNG (Liquefied Natural Gas)

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: LNG (Liquefied Natural Gas)