The LNG Global Scenario represents CEDIGAZ' most realistic opinion on LNG market outlook at the time it is published.

Hightlights:

  • Total effective capacity from existing and under construction projects is expected to increase significantly from 244 million tpy in 2015 to 387 million tpy in 2021.
  • This strong growth is led by Australia and the United States until 2019 and 2021 respectively.
  • Based on Cedigaz supply/demand estimates, new projects will need to come online post 2023/2024 to accommodate rising LNG demand.
  • Cedigaz expects that the strongest increases in LNG capacity from post-FID projects will originate from the US, Canada, Mozambique and Qatar.
  • In this scenario, US would become the number one LNG producer before Australia and Qatar by 2035, with a market share of 19%.