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Follow on Google News | LNG in Asia Pacific - Market Analysis, Capacity Forecasts and Competitive Landscape to 2015Asia-Pacific’s Contribution to Global LNG Regasification Capacity Will Decrease by 2015
By: Rajesh Gunnam With the commencement of several planned LNG liquefaction terminals, Australia would surpass Indonesia as the country with the highest LNG liquefaction capacity by 2015. In Australia, 12 planned LNG terminals would come online during the period 2011-2015, which would increase its existing LNG production capacity by 72.1 MMtpa by 2015. Chevron Corporation’ For Sample Pages, please click or add the below link to your browser: http://globaldata.com/ Asia Pacific would account for more than one fourth of the total capacity addition in global LNG regasification market by 2015. It would add a capacity of 5,200.9 bcf during 2011-2015 through planned additions and expansions of existing LNG regasification terminals. India and China would together contribute approximately 55% to the total planned capacity addition in Asia Pacific and 13.5% to the global capacity addition by 2015. In India, a growing demand for natural gas from the power and industrial sectors, a constrained domestic supply and absence of cross country pipeline import options have mandated LNG imports. In China, to meet the rapidly growing electricity demand and to reduce the high acid pollution levels, the government of China has adopted time bound, goal oriented policies to increase the share of natural gas in China’s primary energy mix. To achieve that, China has been increasing LNG imports since 2006, which are likely to continue through 2015. “LNG in Asia Pacific - Market Analysis, Capacity Forecasts and Competitive Landscape to 2015”, is the latest report from GlobalData, the industry analysis specialists, that offers comprehensive information on the LNG markets in Asia Pacific. The report provides information on LNG Markets in Asia – covering the top five liquefaction markets: Indonesia, Malaysia, Australia, Brunei Darussalam and Papua New Guinea and LNG regasification markets: Japan, South Korea, Taiwan, China and India. It discusses the key factors affecting the growth of LNG demand and supply and highlights the key trends and issues in Asia Pacific LNG markets. It provides comprehensive information and analysis on LNG liquefaction and regasification markets with a focus on LNG liquefaction and regasification capacity, major companies and terminals in each market, LNG import and export volumes and contracted capacity. The report also elaborates on the competitive scenario detailing the operations of the major companies in the Asia Pacific LNG market. The information and analysis on LNG markets in Asia Pacific is based on proprietary databases, primary and secondary research and in house analysis by GlobalData’s team of industry experts For further details, please click or add the below link to your browser: http://globaldata.com/ Visit our report store: http://www.globaldata.com For more details contact: pressreleases@ North America: +1 646 395 5477 Europe: Asia Pacific: # # # GlobalData is a UK-based company with presence across North America, Europe and Asia Pacific and has a broad product offering that ranges from interactive databases, reports and custom solutions. It is a comprehensive source of insights and analysis with coverage including oil & gas, power, alternative energy, nuclear power, petrochemicals, medical equipment and healthcare industries End
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