Scope of the Study
The small scale LNG terminals facilitate LNG storage units, vessels, transportation, etc. with lower magnitude than conventional LNG infrastructure since the LNG industry is driven by economies of scale. They are usually developed to serve a particular market and have production capacity of fewer than 500,000 tons per year, some small scale LNG terminal might provide export capacity of approximately 16 million tones per year. As the world is shifting towards using natural gas in various applications like marine transportation, heavy-duty vehicle, and power supply it's global demand is increasing.
The market study is being classified by Type (Onshore Small Scale LNG Terminals and Offshore Small Scale LNG Terminals), by Application (Heavy-Duty Vehicles, Industry Power Supply and Marine Infrastructure) and major geographies with country level break-up.
The Linde Group (Ireland), Honeywell International Inc. (United States), Baker Hughes (GE Co. LLC) (United States), Wartsila Corporation (Finland), ENGIE (France), Dresser-Rand Group (Siemens) (United States), PJSC Gazprom (Russia), Gasum Oy (Skangas) (Finland), Sofregaz Company (France), Edison Spa (Italy) and Plum Energy LLC (United States) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Small Scale LNG Terminals market by Type, Application and Region.
On the basis of geography, the market of Small Scale LNG Terminals has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The growing need for LNG Terminals in places where the gas infrastructure is underdeveloped, and demand for gas-fired power generation and natural gas for other industrial applications is essential like in heavy-duty vehicles for causing less harm to the environment. They are also demanded in the existing gas reserves and pipelines for improving fuel supply security.
- Increasing use of Small Scale LNG Terminals in the Asia Pacific Region
- The Emergence of Mobile Small Scale LNG Terminals
- The Risk of Adverse Environmental Consequences Associated with Small Scale LNG Terminals
- Surging Demand for Small Scale LNG Terminals from Under Developed Areas
- Growing Production of LNG Plants and other Technological Advancements in it will Boost the Market
- Human Safety Related Issues with Small Scale LNG Terminals
- Adherence to Regulatory Guidelines on Small Scale LNG Terminals
"In Japan, the regulatory agency involved in LNG terminal siting and operation is the Ministry of Economy, Trade, and Industry ( METI ) which enforces the Gas Utility Industry Law, the Electricity Utility Industry Law, and the High-Pressure Gas Regulation Law. LNG terminal siting and operation must comply with one of these laws. For example, under the Gas Utility Industry Law, gas utility companies shall maintain a gas facility in accordance with an adopted technical standard; define, submit and observe their companiesí own security regulations, in order to ensure the safety of construction, maintenance, and operation of gas facilities; Assign a gas-licensed engineer to ensure the safety of construction, maintenance and operation of a gas facility."
Key Target AudienceSmall Scale LNG Terminals Manufacturers, LNG Providers, Research and Development institutes, Industry Associations, Regulatory Bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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