LNG in transition-IV: Can the industry sustain the investment rate?
Even though ID commitments to any greenfield megaprojects, such as those in Mozambique or the US, are unlikely in 2018, construction works could still start on around 15 mtpa or new liquefaction capacity: Fortuna FLNG, Corpus Christi and the first wave of Qatari expansion. 8And given that 15 mtpa is roughly the amount of new capacity that is needed annually to sustain the expected long-term industry average growth rate over the next decade, this level of new FIDs would show the ability of the industry to maintain the required investment run rate despite very tough market conditions. 8That, in itself, will be a very encouraging sign of the health of the LNG industry. Click on Reports for more