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.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

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.

Talen Energy launches $1.2bn debt financing and expands credit facilities to support strategic acquisitions of two combined-cycle natural gas power plants.
The Ukrainian government is preparing to raise natural gas imports by 30% to offset damage to its energy infrastructure and ensure supply continuity during the winter season.
Driven by rising electricity demand and grid flexibility needs, natural gas power generation is expected to grow at an annual rate of 4.8% through 2030.
Talen Energy secures $1.2bn term financing and increases two credit facilities to support the acquisition of two natural gas power plants with a combined capacity of 2,881 MW.
Tenaz Energy finalised the purchase of stakes in the GEMS project between Dutch and German waters, aiming to boost production to 7,000 boe/d by 2026.
Sembcorp Salalah Power & Water Company has obtained a new 10-year Power and Water Purchase Agreement from Nama Power and Water Procurement Company, ensuring operational continuity until 2037.
Eni North Africa restarts drilling operations on well C1-16/4 off the Libyan coast, suspended since 2020, aiming to complete exploration near the Bahr Es Salam gas field.
GOIL is investing $50mn to expand its LPG storage capacity in response to sustained demand growth and to improve national supply security.
QatarEnergy continues its international expansion by acquiring 27% of the offshore North Cleopatra block from Shell, amid Egypt’s strategic push to revive gas exploration in the Eastern Mediterranean.
An analysis by Wood Mackenzie shows that expanding UK oil and gas production would reduce costs and emissions while remaining within international climate targets.
Polish authorities have 40 days to decide on the extradition of a Ukrainian accused of participating in the 2022 sabotage of the Nord Stream pipelines in the Baltic Sea.
The Japanese company has completed the first phase of a tender for five annual cargoes of liquefied natural gas over seven years starting in April 2027, amid a gradual contractual renewal process.
Baker Hughes has secured a contract from Bechtel to provide gas turbines and compressors for the second phase of Sempra Infrastructure’s LNG export project in Texas.
Targa Resources will build a 500,000 barrels-per-day pipeline in the Permian Basin to connect its assets to Mont Belvieu, strengthening its logistics network with commissioning scheduled for the third quarter of 2027.
Brazilian holding J&F Investimentos is in talks to acquire EDF’s Norte Fluminense thermal plant, valued up to BRL2bn ($374 million), as energy-related M&A activity surges across the country.
Chevron has appointed Bank of America to manage the sale of pipeline infrastructure in the Denver-Julesburg basin, targeting a valuation of over $2 billion, according to sources familiar with the matter.
Hungary has signed a ten-year agreement with Engie for the annual import of 400 mn m³ of liquefied natural gas starting in 2028, reinforcing its energy diversification strategy despite its ongoing reliance on Russian gas.
Wanted by Germany for his alleged role in the 2022 sabotage of the Nord Stream pipelines, a Ukrainian has been arrested in Poland and placed in provisional detention pending possible extradition.
An unprecedented overnight offensive targeted gas infrastructure in Ukraine, damaging several key facilities in the Kharkiv and Poltava regions, according to Ukrainian authorities.
The Dunkirk LNG terminal, the second largest in continental Europe, is seeing reduced capacity due to a nationwide strike disrupting all French LNG infrastructure.