Worldwide LNG Industry to 2026 - Liquefaction Sector to Dominate the Market - ResearchAndMarkets.com
As of 2020, the countries with the largest LNG operational liquefaction capacity were Australia, followed by Qatar, United States, Malaysia, Russia, Indonesia, and Algeria.
- As of 2020, the countries with the largest LNG operational liquefaction capacity were Australia, followed by Qatar, United States, Malaysia, Russia, Indonesia, and Algeria.
- Australia overtook Qatar as the market with the highest liquefaction capacity in 2019 and was also the largest market in 2020.
- Australia added 12.5 MTPA in 2019 due to the commissioning of Ichthys LNG T1-T2 and Prelude LNG.
- The main surge of LNG imports took place during the second quarter of 2020, when LNG imports were favored over pipeline imports, because of lower spot LNG prices.