Growing LNG-to-Power Sector Lures Several New Players

11 November 2016: Floating import terminals could help fuel more than 15 GW of new power generation capacity expected to start up globally over the next five years. If all of these projects go forward, floating-storage-and-regasification units (FSRUs) could handle up to 27 MMt/y of new LNG demand, Poten calculates, but questions remain about the economics for many of these projects.

Developments in Africa, South America, the Caribbean, the Middle East, Europe and South East Asia will start coming online between late 2016 and 2021, project participants say. Three new LNG-to-power projects are scheduled to begin operating by the end of this year alone, all of them new LNG importers.

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