Small-Scale LNG Market In Europe: Analysis Of Volumes, Players And Prices To 2025
Published date | 14 December 2020 |
Subject Matter | Environment, Energy and Natural Resources, Energy Law, Environmental Law, Oil, Gas & Electricity |
Law Firm | FTI Consulting |
Author | Mr Emmanuel Grand |
FTI Consulting conducted a review of the small-scale LNG market in Europe that covered 14 countries and six market segments served by LNG trucks and ISO-containers.
Based on multiple interviews and proprietary market modelling, we forecast a growing demand across Europe, supported by increased small-scale LNG availability, contractual standardization, as well as sustained price and environmental advantages against oil products.
Key findings of the study
Small-scale LNG segmentation
The small-scale LNG market is a collection of niche demand segments that serve either stationary energy end-user (industry & residential), or mobile energy end-use (transport), via two products: LNG or CNG from LNG (L-CNG).
Past demand and drivers for growth
The small-scale LNG market, as defined in our study, has grown by around 5% p.a. over the last decade, driven by both price advantage and environmental benefits when compared to alternative oil products.
Demand forecasts to 2025
We estimate that small-scale LNG demand could increase by 17% p.a. between 2020 and 2025...
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