16 Jun 2016 02:06:45
Planned LNG Industry: Europe is expected to have high demand for LNG for environmental reasons.
LNG (Liquefied Natural Gas) is extensively used ad fuels by many end users. The LNG plants have to distill and process the fuel to work efficiently for various applications. The Planned LNG Industry deals with the demand and scope of LNG as fuel, production of LNG and scope of application in various countries in upcoming years.
The Planned LNG Industry report contains detailed specifications of LNG supplier companies, their scope and the strategies that are being adopted for minting more profit out of LNG industry. LNG process such as liquefaction and regasification capacity of these companies and demand of LNG is presented in LNG industry study.
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The North America is a thriving market with multi-national oil and Gas Corporation and high investment in the global Planned LNG Industry. South America is expected to witness growth in this market, due to the extraction plants in sub salt region and most of the process is going to be established in Brazil.
Asia is expected to witness high demand for LNG. China and India are the prominent consumers of the Planned LNG Industry with potential LNG processing plants in the region. Middle East and Europe is expected to have a moderate market with a healthy growth through 2020 in the Planned LNG market. Africa is one of the prominent suppliers of LNG across the globe with stable consumption of LNG in the region.
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The global Planned LNG Industry is segmented into various categories by application and by region as follows:
By application: automotive, industrial, manufacturing, households, energy and others
By region: Africa, Asia, Caribbean, Europe, Middle East, North America, Oceania and South America
Some of the prominent key players in the global Planned LNG Industry are as follows:
• Chevron Corporation
• Conoco Philips
• Royal Dutch Shell
The Global Planned LNG Industry is a potential market with huge investment by various countries and big corporations. This market is profitable and is expected to witness high demand of LNG in various regions across the globe in the upcoming years.
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