2025年LNG年度报告(The LNG industry GIIGNL Annual Report)

Global LNG trade remains remarkably steady,despite starkly contrasting regional dynamics. Asia continued its healthy expansion, propelled by rising demand in China and India, while Europe experienced its largest-ever slump in LNG imports amid declining gas consumption. However, the vigorous growth observed in Asia, along with strong performances in the Middle East and Americas, helped offset Europe’s downturn, keeping global LNG trade nearly flat. Overall, global LNG volumes grew by a modest 1% to reach 406 MT, with the number of importers totaling 49 and exporting countries expanding to 22,as Mexico and the Republic of the Congo entered the market. In Asia, LNG imports surged across nearly all markets, with China spearheading the growth. China’s robust increase in LNG imports was driven by the steady expansion of industrial production, heightened gas demand for power generation, and growing LNG consumption in the trucking sector.

Global liquefaction capacity reached 492 MTPA in 2024, including 14 MTPA of floating liquefaction units (FLNG). Three new projects for a total of 8.6 MTPA of liquefaction capacity started in 2024,  including two FLNG accounting for 2 MTPA. The new projects are 0.6 MTPA Congo FLNG in the Republic of Congo, 6.6 MTPA Arctic LNG  2 in Russia, and 1.4 MTPA Altamira Fast LNG in Mexico. In addition, two debottleneck projects were completed in 2024 for a total of 1.9 MTPA: 1.5 MTPA at Freeport LNG and 0.4 MTPA at Ichthys. FIDs were taken on four liquefaction projects in 2024, with a total capacity of around 14 MTPA: 1 MTPA Marsa LNG in Oman, 9.6 MTPA Ruwais LNG in the UAE, 3.3 MTPA Cedar LNG in Canada and a 1.2 MTPA FLNG project in Indonesia.

Global regasification capacity reached 1188 MTPAas of end of 2024, following the addition of 31 MTPA from 12 new terminals commissioned in 2024 and19,5 MTPA from 7 completed expansion projects.Asia continues to lead the capacity growth, especially China with 29 MTPA of incremental capacity. Europeand South America opted for floating-based LNG solutions. 3 floating terminals started operationsin Europe (2 in Germany and 1 in Greece) adding14 MTPA of regasification capacity to reinforce the European security of supply. 3 FSRU-based LNG terminals were commissioned in Brazil for a total of13.5 MTPA.