Key Insights of Small Scale LNG Market
Covering Prime Factors and
Competitive Outlook till 2023
New report on: “Global Small Scale LNG Market 2019-2023”. The report
provides the newest industry data and industry future trends. The industry
report lists the leading competitors and provides the insights strategic
industry Analysis of the key factors influencing the market.
This Report covers the Major Players data, including: shipment, revenue, gross profit, interview
record, business distribution etc., these data help the consumer know about the competitors’ better
market. This report also covers all the regions and countries of the world, which shows a regional
development status, including market size.
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The liquefied natural gas (LNG) is natural gas in its, liquid form. The gas is cooled at -1600C to
convert it into an odorless, colorless liquid, that can be again re-gasified at end use destination. The
typical value chain for the LNG includes gas production & transmission, treatment & liquefaction
plant, storage, LNG shipping in ballasts, receiving terminals, regasification, and then to end user.
The major demand for LNG comes from power plants, fertilizer industry, and transportation fueling,
cooking and heating for industrial, commercial & residential sector. In recent scenario, the smaller
scale LNG projects have boosted up with increasing demand for LNG and emerging markets as net
importers and exporters.
By volume, the industrial and power segment is projected to lead the small-scale LNG market during
the forecast period. There are significant opportunities for Island-based LNG to drive the demand in
the industrial & power applications, especially in countries such as Indonesia, the Philippines, and
Myanmar. Islands in the Mediterranean Sea such as Malta and Sardinia (Italy) are also investing in
small-scale LNG infrastructure to serve applications such as industrial & power plants.
The key enabler for small-scale LNG in the industrial & power application is the development of a
sustainable and efficient logistic network, as most of the small-scale terminals and end users are in