LNG Carrier Market - Trends & Forecasts up to 2021 - Demand for Natural Gas Expected to Double by 2040 - Research and Markets
Research and Markets has announced the addition of the "LNG
Carrier Market: The U.S. and Global Industry Analysis, Trends, and
Forecasts up to 2021" report to their offering.
Declining prices of natural gas means we could witness a three way
battle between coal, crude and natural gas over becoming the choice of
primary fuel. Although, not as cheap as coal and crude oil, the natural
gas is a clean fuel and fits the global consensus of reducing the global
carbon footprint. According to Exxon Mobil, the demand for natural gas
which is essentially methane is expected to double by 2040, that is,
more than for any other kind of fuel.
The surge in demand for natural gas is likely to have favorable impact
on the midstream segment of oil and gas industry as the produced gas
would be required to be shipped from production areas to the demand
centers across the world. Gas carriers or what we call LNG vessels are
of the prime choice while dealing with outbound gas transportation
across oceans, and can (demand) experience strong tailwinds.
Despite a multitude of positive factors restraints such as dwindling
Chinese and European Economy (leads to less consumption of primary
energy), restart of nuclear reactors in Japan (possible switch back to
nuclear fuel for power generation) and regular cost overruns amid
dwindling oil and gas prices leading to a delay in scheduled start date
of LNG projects could dampen or delay the demand for LNG carriers. The
report covers the analysis of global as well as regional markets of LNG
carrier market.
Companies Mentioned:
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China State Shipbuilding Corporation
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Daewoo Shipbuilding & Marine Engineering Co. Ltd
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Hyundai Heavy Industries Co. Ltd.
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STX Offshore & Shipbuilding Co. Ltd.
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Samsung Heavy Industries
Key Topics Covered:
1. Preface
2. Executive summary
3. Global LNG Carrier Market Overview
4. Global LNG Carriers Market Analysis -Technology, by Volume and
Revenue, 2015-2022 (Cubic Feet) (USD Million)
5. Global LNG Carriers Market Analysis, Regional Analysis by Volume and
Revenue, 2015-2022 (Cubic Feet) (USD Million)
6. Company profiles
For more information visit http://www.researchandmarkets.com/research/vzmtlj/lng_carrier
View source version on businesswire.com: http://www.businesswire.com/news/home/20160708005598/en/
Copyright Business Wire 2016
Source: Business Wire
(July 8, 2016 - 11:21 AM EDT)
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