Global LNG terminals market to reach $13.15bn by 2030

The liquefied natural gas (LNG) terminals market is projected to grow 67% by 2030, driven by global energy demand, liquefaction capacity, and supply diversification strategies.

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The global liquefied natural gas (LNG) terminals market is estimated at $7.86bn in 2025 and expected to reach $13.15bn by 2030, according to a study published by MarketsandMarkets on June 6. This 10.9% annual growth is supported by the rapid expansion of liquefaction capacity in exporting countries and regasification infrastructure in importing regions, particularly in Asia-Pacific, Europe, and South America.

Growth driven by investment in onshore terminals

Onshore terminals currently represent the most dynamic segment of the market due to their high storage capacity, access to utilities, and integration within existing supply chains. These facilities are designed for high-volume, long-term operations. Technological upgrades such as modular designs, process electrification, and digital systems are being increasingly adopted to improve cost efficiency and comply with regulatory standards.

Asia-Pacific and Europe are accelerating the development of onshore terminals to strengthen energy security. Governments and private investors are modernising existing facilities to accommodate larger LNG carriers and to integrate emerging systems such as carbon capture and hydrogen distribution.

Floating units appeal for their flexibility and rapid deployment

The floating storage and regasification unit (FSRU) segment ranks second in market share. More than 45 units are currently in operation globally, with over 10 additional projects underway. FSRUs offer faster deployment timelines—ranging from 24 to 36 months—and reduced investment costs.

This mobile solution is particularly attractive to emerging economies and countries seeking short- to mid-term supply agreements. Asia, Europe, and Latin America account for a significant portion of upcoming projects in this segment, according to the report.

North America is the second-largest global LNG export hub

North America accounted for approximately 30% of global LNG export capacity in 2024, with more than seven major terminals operating in the United States, including Sabine Pass, Corpus Christi, and Cameron LNG. Expansion projects such as Golden Pass LNG and Plaquemines LNG are expected to add over 70 million metric tonnes annually by 2027.

The region benefits from abundant shale gas reserves and a developed pipeline network, attracting capital to reinforce its role in global LNG supply.

Industrial players with global presence

Technip Energies N.V., Bechtel Corporation, SAIPEM SpA, Samsung C&T Corporation, HYUNDAI E&C, and JGC HOLDINGS CORPORATION are identified as key market players. In September 2024, Technip Energies N.V., through a joint venture with KBR, signed a major contract with Lake Charles LNG Export Company LLC to convert an import terminal into a 16.45 MTPA liquefaction facility in Louisiana.

Samsung C&T Corporation is also continuing its expansion. In 2022, it signed an EPC contract with PetroVietnam Power and Lilama Corporation for the construction of two LNG-powered plants in Vietnam, scheduled to begin operations in 2025.

The Sharjah Electricity, Water and Gas Authority has completed a natural gas network in Al Hamriyah, spanning over 89 kilometres at a total cost of $3.81mn.
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Subsea 7 S.A. has announced a major contract signed with Equinor for the engineering and installation of subsea infrastructure at the Fram Sør gas field, located in the North Sea off the coast of Norway.
The Republic of Congo and Eni confirm the expansion of the Congo LNG project and multiply industrial initiatives to strengthen energy supply and strategic sectors.
Italian group Eni signs a twenty-year liquefied natural gas supply contract with US-based Venture Global, covering two mn tonnes per year and marking a first for the company from the United States.
The discovery of the Gajajeira field marks a major step for Angola, strengthening its natural gas development strategy and diversifying national energy resources in a context of sector transition.
The Voskhod vessel, under US sanctions, docked at the Arctic LNG 2 plant in Russia, marking the second visit by a sanctioned ship to the site this year, according to maritime tracking data.
Japan has urgently secured several additional cargoes of liquefied natural gas from the United States to avert an imminent electricity supply shortage caused by rapidly declining national reserves expected at the end of July.
The European Commission has unveiled a proposal to prohibit the import of Russian gas into the Union, sparking intense debate on its feasibility, contractual impact and consequences for supply security among several Member States.
CNOOC Limited announces the discovery of a significant oil and gas reservoir in the buried hills of the Beibu Gulf, opening new opportunities for shallow water exploration off the coast of China.
TotalEnergies’ Mozambique LNG gas project is at the centre of a legal challenge in Washington, following the approval of a $4.7 bn loan by the US Exim Bank, amid security concerns and opposition from civil society groups.
Investors are closely watching U.S. midstream companies’ announcements regarding new gas pipeline expansions targeting promising markets in the West and Northeast, beyond traditional regions in Texas and the Southeast.
PPL Corporation and Blackstone Infrastructure announce a strategic partnership to develop new gas-fired power plants to supply electricity to data centers through long-term contracts in Pennsylvania.
Falcon Oil & Gas Ltd announces a new record initial flow test result at the Shenandoah S2-2H ST1 well and the start of its 2025 drilling campaign in the Beetaloo Basin.
The Azule Energy consortium has identified a significant gas and condensate field during Angola’s first exploration drilling dedicated to gas, marking a milestone for the country's energy sector.
Technip Energies has secured a contract to lead preparatory works for a floating liquefied natural gas unit in Africa, confirming its presence in the international gas infrastructure market.
The Slovak government is seeking guarantees from the European Union to secure its supplies as talks continue over ending Russian gas and adopting a new round of sanctions.
ArcLight Capital Partners announces the acquisition of Middletown Energy Center, a combined-cycle natural gas power plant, aimed at meeting the substantial rise in energy demand from data centers and digital infrastructure in Ohio.
The commissioning of LNG Canada, the first major Canadian liquefied natural gas export facility led by Shell, has not yet triggered the anticipated rise in natural gas prices in western Canada, still facing persistent oversupply.