China and India lead Asia’s regasification capacity additions by 2024, says GlobalData


Source: chine-magazine.com chine-magazine.com

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13, 2020 | In English China and India are expected to dominate Asia’s liquefied natural gas (LNG) regasification capacity additions, contributing nearly 60% of the regions’ total regasification capacity additions between 2020 and 2024, says GlobalData, a leading data and analytics company. The company’s report, ‘ Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals, 2020–2024 – China Spearheads Global Regasification Capacity Additions and Capex Spending , reveals that China is expected to develop a new-build regasification capacity of 4,117 billion cubic feet (bcf) by 2024, while expansion projects account for the remaining 229 bcf. Haseeb Ahmed, Oil and...