LNG Infrastructure Market Overview

The global LNG Infrastructure market values is projected to reach US$ 148.84 Billion by 2035 from US$ 65.37 Billion in 2025. The market is expected to register a CAGR of 14.5% during 2025–2035. The Global LNG Infrastructure Market forecast growth is driven by increasing demand for natural gas, technological advancements, and supportive regulatory frameworks. However, stakeholders must navigate challenges related to market dynamics and environmental considerations to ensure sustainable development. An unprecedented wave of new liquefaction projects is anticipated to come online starting in late 2024, potentially increasing global LNG production capacity by about 193 million tonnes per annum (MTPA) from 2024 through 2028, a 40% increase over five years. The global emphasis on reducing carbon emissions has led to increased adoption of natural gas, considered a cleaner alternative to coal, thereby boosting LNG infrastructure development.

The Global LNG Infrastructure Market analysis refers to the industry encompassing the development, construction, operation, and maintenance of facilities and systems required for the liquefaction, storage, transportation, regasification, and distribution of Liquefied Natural Gas (LNG). It includes various infrastructure components such as liquefaction plants, LNG storage tanks, regasification terminals, LNG carriers, pipelines, and bunkering facilities. This market plays a crucial role in facilitating the global trade of natural gas by enabling efficient transportation over long distances, particularly for regions lacking pipeline connectivity. The growing demand for cleaner energy sources, advancements in LNG technology, and increasing investments in LNG terminals and transport networks drive the market’s expansion.

LNG Infrastructure Market Drivers and Opportunities

Rising Demand for Clean Energy is anticipated to lift the LNG Infrastructure market growth during the forecast period

​​​​The global shift towards cleaner energy sources is significantly influencing the expansion of the LNG infrastructure market growth. As nations aim to reduce carbon emissions and transition away from coal and oil, LNG has emerged as a pivotal "bridge fuel" due to its relatively lower environmental impact. This transition is driving substantial investments in LNG infrastructure, encompassing liquefaction plants, regasification terminals, and storage facilities. ​ According to Shell's LNG Outlook 2024, global LNG demand is projected to increase by more than 50% by 2040. This surge is primarily attributed to industrial coal-to-gas switching in China and increased LNG utilization in South and Southeast Asian countries to support economic growth. Industry forecasts predict LNG demand will reach between 630 million tonnes per annum (mtpa) and 718 mtpa by 2040, surpassing previous estimates. The need for diversified and reliable energy sources has led regions like Europe to invest heavily in LNG infrastructure. For instance, despite a 19% decrease in European LNG imports in 2024, significant investments in new LNG import facilities continue, driven by the desire to reduce dependence on specific suppliers and enhance energy security. LNG provides energy diversification, reducing reliance on single energy sources. This is particularly important for countries seeking to secure their energy supplies. Recent geopolitical events have highlighted the importance of LNG in providing alternative energy sources, especially for countries that previously relied on pipeline gas. The global shift towards clean energy is a pivotal factor driving the growth of the LNG infrastructure market trends. The anticipated increase in LNG demand, coupled with strategic investments by major energy companies and substantial infrastructure expansion, underscores LNG's role as a transitional fuel in the journey towards a more sustainable energy future. The Institute for Energy Economics and Financial Analysis (IEEFA) projects that the global LNG industry will experience its fastest capacity growth starting in late 2024, adding up to five times more liquefaction capacity from 2025 to 2028 compared to the previous four-year period. The U.S. and Qatar are expected to account for the majority of this new capacity.

Expansion of LNG Trade & Shipping is a vital driver for influencing the growth of the global LNG Infrastructure market

​The expansion of liquefied natural gas (LNG) trade and shipping is poised to significantly drive the growth of the global LNG infrastructure market in the coming years. As countries seek cleaner energy alternatives and aim to diversify their energy sources, LNG has emerged as a pivotal component in the global energy mix. This increasing reliance on LNG necessitates substantial investments in infrastructure, including liquefaction plants, regasification terminals, storage facilities, and an expanded shipping fleet. In 2024, LNG trade increased modestly by 2 million tonnes, reaching a total of 407 million tonnes. This represents the smallest annual growth in a decade, primarily due to limited new supply development. However, projections indicate that over 170 million tonnes of new LNG supply will become available by 2030, addressing the anticipated rise in demand, particularly in Asian markets. In 2024, 66 new LNG carriers (LNGCs) are expected to join the global fleet, with an additional 94 LNGCs scheduled for delivery in 2025. This expansion aims to meet the growing demand for LNG transportation. The adoption of LNG as a marine fuel is accelerating. Currently, LNG-fueled vessels constitute over 2% of the global shipping fleet. Considering the existing order book, this figure is projected to rise to 4% by vessel numbers or 6% by deadweight tonnage (DWT). This trend reflects the industry's commitment to reducing emissions and adhering to stricter environmental regulations. To support the projected increase in LNG supply and demand, investments are being channeled into the development and expansion of liquefaction plants and regasification terminals. These facilities are crucial for converting natural gas to LNG for transport and back to gaseous form for consumption. The rapid increase in LNG carrier deliveries has led to a surplus in the shipping fleet, resulting in a decline in charter rates. For instance, in November 2024, the cost of hiring a modern LNG carrier in the Atlantic basin averaged $19,700 per day, marking an 80% decrease since the summer of that year. This oversupply poses financial challenges for shipowners and may influence future investment decisions. The surge in demand for LNG carriers has prompted shipowners to place orders with Chinese shipyards, which have less experience compared to their South Korean counterparts. This shift has raised concerns regarding quality control and timely delivery, necessitating increased inspections and regulatory oversight to ensure compliance with global standards.

Technological Advancements in LNG Infrastructure are poised to create significant opportunities in the global LNG Infrastructure market

Technological advancements are playing a pivotal role in propelling the global liquefied natural gas (LNG) infrastructure market forward. Innovations in liquefaction and regasification technologies, the emergence of floating LNG (FLNG) facilities, and the integration of automation and digitalization are collectively enhancing the efficiency, safety, and economic viability of LNG operations. These developments are anticipated to drive significant growth in the LNG infrastructure sector during the forecast period. The adoption of modular designs in LNG facilities allows for quicker construction and scalability, reducing both time and costs associated with traditional on-site construction methods. FLNG technology enables the processing of natural gas at sea, directly above offshore gas fields. This approach minimizes the need for extensive onshore infrastructure, reduces environmental impact, and provides access to previously untapped or stranded gas reserves. Automation streamlines processes, reduces human error, and enhances safety protocols. Digital tools facilitate real-time monitoring and predictive maintenance, leading to improved reliability and reduced downtime. Digitalization contributes to cost savings by optimizing resource utilization and enabling more precise control over operations.

LNG Infrastructure Market Scope

LNG Infrastructure Market Report Segmentation Analysis

The Global LNG Infrastructure Market industry analysis is segmented into by Type, by Application and by Region.

The Liquefaction Infrastructure segment is anticipated to hold the highest share of the global LNG Infrastructure market during the projected timeframe.

By Type, the LNG Infrastructure market is segmented into Liquefaction Infrastructure, Storage Infrastructure, Regasification Infrastructure, Transportation & Distribution and Others. Liquefaction facilities are critical for converting natural gas into liquid form, enabling easier storage and transportation. This segment represents a significant portion of the LNG infrastructure market. The expansion of liquefaction capacity is driven by increasing global demand for LNG, particularly in Asia and Europe, and the need to monetize natural gas reserves. Private companies are investing in liquefaction terminals to meet this growing demand.

The Power Generation segment dominated the market in 2024 and is predicted to grow at the highest CAGR over the forecast period.

In terms of Application, the LNG Infrastructure market is segmented into Power Generation, Transportation, Industrial Use, Residential & Commercial Use and Others. The power generation sector is the predominant consumer of LNG. This segment held approximately 47% of the global LNG infrastructure market share. This dominance is driven by the global shift towards cleaner energy sources and the need to reduce greenhouse gas emissions. LNG serves as a reliable and relatively cleaner alternative to coal and oil in power plants, leading to increased investments in LNG-based power generation facilities. Additionally, the flexibility and efficiency of LNG power plants make them attractive for meeting peak electricity demand and integrating with renewable energy sources. However, the transportation sector, particularly maritime and heavy-duty road transport, is increasingly adopting LNG as a fuel due to stringent environmental regulations aimed at reducing sulfur and nitrogen oxide emissions. Investments in LNG refueling infrastructure, such as bunkering facilities at ports and LNG fueling stations for trucks, are expanding to support this transition. The growth in this segment is further supported by technological advancements in LNG-powered engines and the development of a global LNG bunkering network.

The following segments are part of an in-depth analysis of the global LNG Infrastructure market:

LNG Infrastructure Market Share Analysis by Region

Asia Pacific is projected to hold the largest share of the global LNG Infrastructure market over the forecast period.

In 2024, Asia Pacific dominated the LNG Infrastructure market, accounting for approximately 45% of the global LNG Infrastructure market share. This dominance is driven by the region's rapid economic growth, leading to a surge in energy demand. Countries like China, Japan, and India are investing heavily in LNG infrastructure to diversify their energy sources and reduce carbon emissions. The expansion of LNG import terminals and regasification facilities in these countries underscores the region's commitment to integrating LNG into their energy mix. China has emerged as a leading importer of LNG, driven by its commitment to reducing air pollution and transitioning to cleaner energy sources. The country's substantial investments in LNG regasification terminals have facilitated this shift. China's focus on enhancing its LNG infrastructure underscores its strategy to diversify energy sources and meet its growing energy demands. ​ Japan remains one of the world's top LNG importers, with a well-established network of regasification terminals. Japanese companies, such as Osaka Gas, have secured long-term LNG supply agreements, including a 15-year contract with Abu Dhabi National Oil Company's Ruwais project. This approach reflects Japan's emphasis on energy security and a diversified procurement strategy.  South Korea has traditionally been a significant importer of LNG. However, recent developments indicate a shift in its energy strategy. The country has increased its nuclear power production, leading to a 20% reduction in fossil fuel imports, including LNG, in the first quarter of 2025 compared to the previous year. This transition highlights South Korea's efforts to diversify its energy portfolio and reduce carbon emissions. Australia is a major LNG exporter, with substantial investments in liquefaction facilities. Interestingly, certain regions, particularly in eastern Australia, are contemplating LNG imports to address local gas shortages. For instance, Viva Energy has proposed an LNG import terminal in Victoria to ensure a reliable gas supply. This scenario underscores the complexity of Australia's domestic gas market and the need for infrastructure to balance exports with local demand. However, North America, particularly the United States, has emerged as a significant player in the LNG market, primarily due to the shale gas revolution. The U.S. has transitioned from being a net importer to a leading exporter of LNG, with substantial investments in liquefaction facilities along the Gulf Coast. However, the U.S. LNG industry faces challenges, including regulatory hurdles, funding difficulties, and competition from other global suppliers. Despite these obstacles, the region continues to expand its LNG infrastructure to meet growing international demand. 

LNG Infrastructure Market Competition Landscape Analysis

​​ ​The global Liquefied Natural Gas (LNG) infrastructure market share is characterized by the presence of several key players who are actively investing in infrastructure development, technological advancements, and strategic collaborations to strengthen their market positions.

Global LNG Infrastructure Market Recent Developments News:

Taiwan's CPC Corp and Alaska Gasline Development Corp (AGDC): In March 2025, CPC Corp signed an initial agreement with AGDC to invest in Alaska's natural gas project and purchase LNG. This collaboration aims to secure stable energy resources for Taiwan.

Cheniere Energy's Texas LNG Plant Expansion: In March 2025, Cheniere Energy received regulatory approval to expand its LNG plant in Texas, aiming to increase its production capacity to meet growing global demand.

Philippine Energy Companies' Collaboration: In January 2025, Manila Electric Co.’s Meralco PowerGen Corp., San Miguel Corp.’s San Miguel Global Power Holdings Corp., and AboitizPower’s Therma NatGas Power Inc. completed a $3.3 billion partnership to develop integrated LNG infrastructure in the Philippines.

Sempra Infrastructure's Port Arthur LNG Expansion: In February 2025, Sempra Infrastructure announced plans to make a final investment decision on the second phase of its Port Arthur LNG export project in Texas within the year.

Woodside Energy's Acquisition of Tellurian Inc.: In October 2024, Australia's Woodside Energy acquired Tellurian Inc. for $1.2 billion, gaining full ownership of a Louisiana LNG project. Woodside is now seeking to sell a 50% stake in this project, which has the potential to convert U.S. shale gas into up to 27.7 million tons per annum of LNG.

The Global LNG Infrastructure Market is dominated by a few large companies, such as

·         Shell Plc

·         Chevron Corporation

·         ExxonMobil Corporation

·         Cheniere Energy, Inc.

·         TotalEnergies SE

·         BP International Limited

·         Saipem SpA

·         TechnipFMC plc

·         JGC Holdings Corporation

·         Bechtel Corporation

·         Fluor Corporation

·         Williams Companies

·         Gazprom

·         New Fortress Energy

·         QatarEnergy LNG

·         Others