Get the latest insights on price movement and trend analysis of Liquefied Natural Gas in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Natural gas fell to 2.97 USD/MMBtu on September 1, 2025, down 0.76% from the previous day. Over the past month, Natural gas's price has risen 1.44%, and is up 36.86% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on September of 2025.

Global liquefied natural gas prices have shown less volatility in 2024 and 2025 than the years prior, with the benchmark price reaching ***** U.S. dollars per million metric British thermal units in July 2025. This figure represents an increase from the same period a year earlier. The global LNG benchmark, which is largely influenced by Asian market trading, particularly Indonesian LNG in Japan, serves as a key indicator for the industry's pricing trends. Natural gas prices become less volatile The Asian LNG market experienced less turbulence in 2024 compared to the previous year, with price volatility dropping to ** percent. This relative stability followed an exceptionally volatile 2022, when LNG demand surged due to sanctions on Russian imports. The global natural gas price index, which encompasses European, Japanese, and American markets, stood at ****** index points in July 2025, showing a slight decrease that month. This trend is also reflected in overall lower crude oil price indices. Landed prices vis-à-vis export prices Due to its geographical location, Japan is exclusively reliant on LNG trading for its natural gas supply. As such, Japan's landed LNG spot price is often higher than for other markets, reaching approximately ***** U.S. dollars per million British thermal units in January 2024. By comparison, the world's largest LNG exporter, the United States, has seen its LNG export prices decrease to **** U.S. dollars per thousand cubic feet in 2024, down from **** U.S. dollars the previous year.

Graph and download economic data for Global price of LNG, Asia (PNGASJPUSDM) from Jan 1992 to Jun 2025 about Asia, World, and price.

The global natural gas price index stood at 185.99 index points in July 2025. Natural gas prices decreased that month as cooling demand fell due to colder weather than expected. The global price index takes into account indices from Europe, Japan, and the United States – some of the largest natural gas trading markets. The U.S. is the leading natural gas exporter in the world. Means of trading natural gas Liquefied natural gas (LNG) is the most common form of trading natural gas. Although piped gas is often the preferred choice for transportation between neighboring producing and consuming countries, seaborne trade as LNG has grown in market volume. This is in part thanks to high consumption in pipeline-inaccessible areas such as Japan, Korea, and China, as well as the recent increase in LNG trade by European countries. Major natural gas price benchmarks The natural gas prices often used as global benchmarks are Europe’s Dutch TTF traded on the Intercontinental Exchange, Indonesian LNG in Japan, and the U.S. Henry Hub traded on the New York Mercantile Exchange. 2022 was an especially volatile year for natural gas prices, as supply was severely constrained following sanctions on Russian imports. Other reasons for recent spikes in gas prices are related to issues at refineries, changes in demand, and problems along seaborne supply routes.

TTF Gas rose to 32.35 EUR/MWh on September 1, 2025, up 2.31% from the previous day. Over the past month, TTF Gas's price has fallen 5.64%, and is down 16.08% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on September of 2025.

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Liquefied Natural Gas (LNG) Market Size 2025-2029

The liquefied natural gas (LNG) market size is forecast to increase by USD 27.79 billion, at a CAGR of 8% between 2024 and 2029.

The market is experiencing significant growth, driven by the surge in LNG production and the increasing demand for LNG bunkering. The production increase is due to the expansion of LNG infrastructure in key producing regions, enabling greater access to natural gas resources and facilitating the liquefaction process. Simultaneously, the demand for LNG bunkering is rising as more shipping companies adopt LNG as a cleaner alternative fuel for their vessels, in response to stricter environmental regulations. However, the LNG market faces challenges, including the fluctuations in global oil and gas prices. These price volatilities can impact the profitability of LNG projects, as the price of LNG is closely linked to the price of oil.
Additionally, the infrastructure required for LNG production, transportation, and regasification is capital-intensive and complex, posing challenges for companies looking to enter the market. Furthermore, safety concerns and the need for specialized expertise to handle LNG can create operational challenges for companies. To capitalize on market opportunities and navigate these challenges effectively, companies must remain agile, invest in innovative technologies, and collaborate with industry partners to optimize their operations and mitigate risks.

What will be the Size of the Liquefied Natural Gas (LNG) Market during the forecast period?

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The market continues to evolve, driven by shifting consumer demands, technological advancements, and regulatory changes. LNG metering and insulation technologies are crucial components in ensuring accurate measurement and efficient storage of this cryogenic fuel. LNG derivatives and contracts provide flexibility in managing price risks and securing supply. Industrial applications of LNG span various sectors, including power generation, heavy-duty vehicles, and processing industries. LNG valves, membranes, and pumps are essential components in LNG infrastructure, enabling the safe and efficient handling of this fuel. Carbon capture and utilization are emerging applications, offering potential environmental benefits. LNG pricing remains volatile due to market dynamics, supply and demand imbalances, and geopolitical factors.

Transportation, from production sites to end-users, involves complex logistics, including LNG tankers, pipelines, and terminals. Regulations and safety standards are continually evolving to address emerging challenges and ensure the safe and sustainable use of LNG. LNG vaporization and shipping technologies are essential for converting LNG back into its gaseous state for use as a fuel. LNG bunkering and supply chain optimization are crucial for the growing use of LNG as a marine fuel. LNG utilization in residential applications and export markets is expanding, driven by innovation and evolving consumer preferences. LNG production processes, such as gas-to-liquids (GTL), are advancing to improve efficiency and reduce emissions.

LNG hydrogen and fuel cells are emerging applications, offering potential benefits in decarbonizing energy systems. The LNG market's continuous dynamism underscores the importance of staying informed about the latest trends and developments.

How is this Liquefied Natural Gas (LNG) Industry segmented?

The liquefied natural gas (lng) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Power
  Industry
  Others


Application

  Off-grid power plants
  Transportation
  Industrial and manufacturing
  Marine fuel
  Others


Geography

  North America

    US
    Canada


  Europe

    Norway
    Russia
    The Netherlands


  Middle East and Africa

    Qatar
    UAE


  APAC

    China
    Japan


  Rest of World (ROW)

.

By End-user Insights

The power segment is estimated to witness significant growth during the forecast period.

Liquefied Natural Gas (LNG) is a critical component of the global energy landscape, with increasing demand driven by various factors. The shift towards cleaner fuels for power generation and industrial applications is a significant trend, as LNG emits fewer greenhouse gases compared to coal and oil. LNG cryogenics technology enables the liquefaction, storage, and transportation of natural gas in its liquid form, making it a versatile fuel for various sectors. LNG infrastructure, including regasification terminals and pipelines, is essential for importing and distr

CN: Liquefied Natural Gas (LNG): Market Low Price: Qinghai data was reported at 4,450.000 RMB/Ton in 09 May 2025. This stayed constant from the previous number of 4,450.000 RMB/Ton for 02 May 2025. CN: Liquefied Natural Gas (LNG): Market Low Price: Qinghai data is updated daily, averaging 4,650.000 RMB/Ton from Feb 2020 (Median) to 09 May 2025, with 274 observations. The data reached an all-time high of 8,000.000 RMB/Ton in 25 Dec 2020 and a record low of 2,800.000 RMB/Ton in 18 Sep 2020. CN: Liquefied Natural Gas (LNG): Market Low Price: Qinghai data remains active status in CEIC and is reported by Shandong Longzhong Information Technology Co., Ltd.. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBP: Liquefied Natural Gas (LNG): Market Price.

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The floating liquefied natural gas market share is expected to increase by USD 4.68 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 6.12%.

This floating liquefied natural gas market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers floating liquefied natural gas market segmentations by processing capacity (large-scale capacity and small-scale capacity) and geography (North America, Europe, APAC, South America, and MEA). The floating liquefied natural gas market report also offers information on several market vendors, including Black & Veatch Holding Co., Eni Spa , Excelerate Energy LP, EXMAR NV, Golar LNG Ltd., Lloyds Energy DMCC, Petroliam Nasional Berhad , Royal Dutch Shell Plc, Samsung Heavy Industries Co. Ltd., and TechnipFMC Plc among others.

What will the Floating Liquefied Natural Gas Market Size be During the Forecast Period?

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Floating Liquefied Natural Gas Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rising global oil and gas consumption is notably driving the floating liquefied natural gas market growth, although factors such as fluctuations in oil and gas prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the floating liquefied natural gas industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Floating Liquefied Natural Gas Market Driver

Rising global oil and gas consumption is one of the key factors driving the growth of the global floating liquefied natural gas market. Liquid fuel consumption across the globe, especially in emerging economies such as India, China, and Brazil, is expected to grow, owing to the increasing demand for vehicles and a rise in the consumption of petrochemicals. For instance, according to the US Energy Information Administration (EIA), in 2019, the production of petroleum and other liquid fuels in Brazil averaged 3.7 million barrels per day (b/d). Similarly, natural gas consumption has also seen a rise in the last ten years. According to the US Energy Information Administration (EIA), global natural gas consumption increased significantly in 2019. Natural gas has witnessed a higher rise in consumption than oil due to the increasing adoption of natural gas as a fuel. Also, with the increased consumption of fuel from developing economies such as India and China, the demand for LNG is likely to propel during the forecast period, thereby increasing the demand for FLNG projects during the forecast period.

Key Floating Liquefied Natural Gas Market Trend

The rise in the number of deepwater and ultra-deepwater drilling projects will fuel the global floating liquefied natural gas market growth. As per the US Energy Information Administration, the oil shock resulted in the decline of crude oil prices in early 2020 due to the COVID-19 pandemic, which was one of the lowest since 2003. Also, the prices of the rigs were reduced due to the fewer number of ongoing projects in the oil and gas industry. Sensing profit through low rig rates, some companies are resuming their offshore projects. FLNG vessels provide the advantages of reduced investments and earlier cash flow compared with fixed platforms. The advantages of FLNG vessels make them ideal for offshore activities. Deepwater and ultra-deepwater projects are also far from the mainland; hence, laying an extensive oil and gas pipeline network to transfer the produced hydrocarbons to onshore facilities is too costly. Therefore, FLNG vessels are economical for deepwater and ultra-deepwater projects, as these vessels can treat, liquefy, and store the natural gas extracted from offshore fields. Operators sell the LNG directly from the vessel and generate revenues. Advances in technology allowed exploring gas reserves that were initially uneconomical. This is likely to drive the global FLNG market during the forecast period.

Key Floating Liquefied Natural Gas Market Challenge

Fluctuations in oil and gas prices are major challenges for the global floating liquefied natural gas market growth. The continued trend of low crude oil prices has put additional pressure on the oil and gas service providers. Low-profit margins for a continued period result in reduced revenues, which directly influence the financial aspect of a company. The market potential for oil and gas service businesses has declined due to the low investments in oil and gas

Japan and China have some of the highest spot prices for liquefied natural gas. In January 2024, customers in Japan and China paid approximately 10.05 U.S. dollars per million British thermal unit of LNG delivered. Destination markets in Europe and South America experienced slightly lower shipping costs. In the last few years, the global trade volume of LNG has increased notably, exceeding 500 billion cubic meters shipped.

LNG demand growth and largest destination markets

Increased gas demand and improved liquefaction technology has prompted growth in the gas market and the entry of new players. LNG prices were initially strongly influenced by crude oil, however, as the market grew it developed independent benchmarks. As one of the largest LNG importing countries, the price for LNG in Japan has become synonymous with the global benchmark.

The liquefied natural gas market estimated size and share is projected to exceed USD 363.15 Billion by 2034 , with a forecasted CAGR of 11.5% during the period.

CN: Liquefied Natural Gas (LNG): Market Low Price: Ningxia data was reported at 4,350.000 RMB/Ton in 09 May 2025. This records a decrease from the previous number of 4,366.670 RMB/Ton for 02 May 2025. CN: Liquefied Natural Gas (LNG): Market Low Price: Ningxia data is updated daily, averaging 4,465.000 RMB/Ton from Feb 2020 (Median) to 09 May 2025, with 274 observations. The data reached an all-time high of 8,450.000 RMB/Ton in 15 Jan 2021 and a record low of 2,400.000 RMB/Ton in 04 Sep 2020. CN: Liquefied Natural Gas (LNG): Market Low Price: Ningxia data remains active status in CEIC and is reported by Shandong Longzhong Information Technology Co., Ltd.. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBP: Liquefied Natural Gas (LNG): Market Price.

Liquefied Natural Gas Market Outlook

The global liquefied natural gas (LNG) market size was valued at USD 200 billion in 2023 and is projected to reach USD 310 billion by 2032, registering a compound annual growth rate (CAGR) of 5.2% during the forecast period. The growth of the LNG market is primarily driven by the increasing demand for cleaner fuel alternatives, advancements in liquefaction and regasification technologies, and significant investments in LNG infrastructure.

One of the primary growth factors for the LNG market is the global shift towards cleaner energy sources. Countries worldwide are adopting stringent environmental regulations aimed at reducing greenhouse gas emissions, which has led to an increased preference for LNG over traditional fossil fuels. LNG, being a cleaner energy source, produces significantly lower carbon dioxide and sulfur emissions compared to coal and oil, making it an attractive option for power generation and industrial applications.

Technological advancements in the liquefaction and regasification processes have significantly enhanced the efficiency and cost-effectiveness of LNG production and distribution. Innovations such as floating liquefied natural gas (FLNG) facilities and advancements in cryogenic storage technologies have reduced the overall costs associated with LNG production. These technological developments have made LNG a more competitive and viable energy option, further boosting the market growth.

The significant investments and expansion projects in LNG infrastructure are also instrumental in driving market growth. Major energy companies and governments are investing heavily in the construction of LNG terminals, storage facilities, and transportation networks. These infrastructure developments are crucial for ensuring a steady supply of LNG to meet the growing global demand. Additionally, the rising use of LNG in the transportation sector, particularly in marine and heavy-duty vehicles, is contributing to the market expansion.

From a regional perspective, the Asia Pacific region is expected to dominate the LNG market during the forecast period. The region's rapid industrialization, urbanization, and increasing energy consumption are major factors driving the demand for LNG. Countries like China, India, and Japan are leading importers of LNG, and their ongoing infrastructure projects and government initiatives to promote cleaner energy are likely to propel the market growth further. Moreover, North America, with its abundant natural gas reserves and advanced extraction technologies, is emerging as a significant LNG exporter, contributing to the regional market dynamics.

Application Analysis

The application segment of the LNG market is categorized into transportation, power generation, mining & industrial, and others. Each of these segments plays a critical role in the overall market dynamics, driven by unique demand factors and growth prospects. In the transportation sector, LNG is increasingly being adopted as an alternative fuel for ships, trucks, and trains due to its lower emissions and cost-effectiveness compared to conventional fuels like diesel and heavy fuel oil. The International Maritime Organization's regulations on sulfur emissions are pushing the maritime industry towards cleaner fuels, making LNG a preferred choice.

Power generation is another significant application segment where LNG is gaining traction. The transition from coal-fired power plants to gas-fired plants is a major trend observed globally. LNG's ability to provide a cleaner and more efficient source of energy for electricity generation is driving its adoption in this segment. Countries are investing in LNG-based power plants to meet their increasing energy demands while adhering to environmental regulations aimed at reducing carbon footprints.

In the mining and industrial sectors, LNG is used as a fuel for various operations. Industries such as chemical manufacturing, metal processing, and food production require substantial energy inputs. LNG provides a reliable and cleaner energy source for these industries, helping them reduce operational costs and environmental impact. The mining sector, in particular, benefits from LNG's ability to power heavy machinery and equipment in remote locations where access to traditional energy sources may be limited.

Other applications of LNG include its use in residential and commercial heating. As natural gas is piped into homes and businesses for heating and cooking purposes, the role of LNG

The global Liquefied Natural Gas (LNG) Delivery Pipe market is experiencing robust growth, driven by the increasing demand for natural gas as a cleaner energy source and the expansion of LNG infrastructure worldwide. Let's assume, for illustrative purposes, a 2025 market size of $5 billion and a Compound Annual Growth Rate (CAGR) of 7% over the forecast period (2025-2033). This implies significant market expansion, reaching an estimated $9.5 billion by 2033. This growth is fueled by several key factors: the rising adoption of LNG as a transportation fuel, particularly in heavy-duty vehicles and maritime applications; the development of new LNG receiving terminals and pipelines in emerging economies; and the ongoing efforts to reduce carbon emissions, making natural gas a transitional fuel of choice. The market is segmented by pipe type (flexible and rigid) and application (ports, factories, LNG gas stations, and others), with flexible pipes gaining traction due to their adaptability in challenging terrains. Key players like Wujin Stainless Steel Pipe Group, LS Metal, and Chart Industries are investing heavily in research and development, focusing on innovative materials and manufacturing techniques to enhance pipe durability and efficiency. However, market growth is not without its challenges. Fluctuations in natural gas prices, stringent regulatory compliance requirements, and the potential for material shortages pose significant restraints. Furthermore, the high initial investment costs associated with LNG infrastructure development can hinder market penetration in certain regions. Despite these challenges, the long-term outlook for the LNG Delivery Pipe market remains positive, driven by the increasing global energy demand and the shift towards cleaner energy solutions. Regional variations exist, with North America and Asia-Pacific expected to dominate the market, fueled by robust economic growth and increasing energy consumption in these regions. Strategic partnerships and technological advancements will play a crucial role in shaping the future competitive landscape of this dynamic market.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Natural Gas Liquids (WPU0532) from Jan 1971 to Jun 2025 about petroleum, fuels, gas, commodities, PPI, inflation, price index, indexes, price, and USA.

Why did the Natural Gas Price Change in July 2025? Natural Gas Price Index averaged USD 3696/1000 mmBtu, Ex-Louisiana, down 7% from Q1 2025, and featuring a mixed pattern of early weakness followed by a late-quarter recovery.

The Liquefied Natural Gas (LNG) Market Report is Segmented by Infrastructure Type (LNG Liquefaction Plants, LNG Regasification Facilities, and LNG Shipping Fleet), End-Use Application (Power Generation, Industrial and Manufacturing, and Others), Scale (Large-Scale, Mid-Scale, and Small-Scale), Location (Onshore and Offshore), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa).

The global market size of Liquefied Natural Gas (LNG) Liquefaction Plants is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Liquefied Natural Gas (LNG) Liquefaction Plants Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Liquefied Natural Gas (LNG) Liquefaction Plants industry. The key insights of the report:
1.The report provides key statistics on the market status of the Liquefied Natural Gas (LNG) Liquefaction Plants manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Liquefied Natural Gas (LNG) Liquefaction Plants industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Liquefied Natural Gas (LNG) Liquefaction Plants Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Liquefied Natural Gas (LNG) Liquefaction Plants as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Liquefied Natural Gas (LNG) Liquefaction Plants market
* Product Type I
* Product Type II
* Product Type III

For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

LNG Market Outlook

The global Liquefied Natural Gas (LNG) market size was valued at approximately USD 150 billion in 2023 and is projected to reach nearly USD 250 billion by 2032, registering a CAGR of around 5.8% during the forecast period. The market growth is primarily driven by the increasing demand for cleaner energy sources, as nations worldwide strive to reduce their carbon footprints and adhere to stringent environmental regulations. LNG offers a more sustainable alternative to traditional fossil fuels, making it a preferred choice for energy production and consumption across various sectors.

One of the significant growth factors for the LNG market is the rising global energy demand, driven by rapid urbanization, industrialization, and population growth. As economies expand, the need for reliable and efficient energy sources becomes paramount. LNG's versatility and environmental benefits make it an attractive option for meeting this growing demand. Additionally, technological advancements in LNG infrastructure, such as more efficient liquefaction and regasification facilities, have further bolstered the market's growth by improving the supply chain efficiency and reducing operational costs.

Furthermore, the global shift towards cleaner energy solutions has amplified the importance of LNG as a transitional fuel. As countries aim to meet the goals set by international climate agreements, there is an increasing emphasis on reducing greenhouse gas emissions. LNG, with its lower carbon emissions compared to coal and oil, plays a crucial role in the energy transition journey, providing a bridge towards renewable energy sources. This transition is supported by government initiatives and investments in LNG infrastructure, further accelerating market growth.

The rise in cross-border LNG trade is another key factor contributing to the market's expansion. As nations strive to enhance their energy security, they increasingly rely on LNG imports to diversify their energy sources. This has led to the development of extensive LNG export and import infrastructure, facilitating global trade. The strategic partnerships and long-term supply contracts between exporting and importing countries have further stabilized the market, providing a robust platform for sustained growth over the forecast period.

Liquefied Natural Gas (LNG) has gained prominence as a pivotal component in the global energy landscape, offering a cleaner and more efficient alternative to traditional fossil fuels. Its role as a transitional fuel is particularly significant in the context of global efforts to combat climate change and reduce greenhouse gas emissions. As countries strive to meet their international climate commitments, LNG provides a viable pathway towards achieving a lower-carbon energy mix. The flexibility and scalability of LNG infrastructure, including both liquefaction and regasification facilities, enable its adoption across diverse geographical regions and market segments, further enhancing its appeal as a sustainable energy solution.

Regionally, the Asia Pacific is a major player in the LNG market, driven by the substantial energy needs of countries like China, India, and Japan. These nations are investing heavily in LNG infrastructure to secure a stable energy supply and reduce their reliance on coal. Additionally, North America is a significant contributor to the market, with the United States emerging as a leading LNG exporter due to its abundant natural gas reserves and advancements in extraction technologies. The Middle East & Africa region also shows promising growth potential, owing to the increasing adoption of LNG as a cleaner energy source.

Type Analysis

The LNG market by type is divided into two primary categories: liquefaction terminals and regasification terminals. Liquefaction terminals play a vital role in the LNG supply chain as they are responsible for converting natural gas into liquid form, which facilitates ease of transport and storage. Over the years, there has been significant investment in these terminals, driven by technological advancements that enhance their efficiency and reduce costs. The growing demand for LNG has spurred the construction of new liquefaction facilities, particularly in North America and Australia, two of the leading LNG exporters globally. These terminals are designed to meet the increased global demand for cleaner energy, supporting the transition towards a lower-carbon energy mix.

CN: Liquefied Natural Gas (LNG): Market Low Price: Zhejiang: Hangzhou data was reported at 4,430.000 RMB/Ton in 09 May 2025. This records a decrease from the previous number of 4,530.000 RMB/Ton for 02 May 2025. CN: Liquefied Natural Gas (LNG): Market Low Price: Zhejiang: Hangzhou data is updated daily, averaging 4,680.000 RMB/Ton from Sep 2023 (Median) to 09 May 2025, with 89 observations. The data reached an all-time high of 6,518.000 RMB/Ton in 29 Dec 2023 and a record low of 3,982.000 RMB/Ton in 19 Apr 2024. CN: Liquefied Natural Gas (LNG): Market Low Price: Zhejiang: Hangzhou data remains active status in CEIC and is reported by Shandong Longzhong Information Technology Co., Ltd.. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBP: Liquefied Natural Gas (LNG): Market Price.