By 2024, North America will account for 75% of the world's new natural gas liquefaction capacity

According to GlobalData, a leading data and analytics company, North America is expected to be the leader in global LNG liquefaction capacity growth through new construction (planned and announced) and expansion projects during the outlook period from 2020 to 2024, with the region expected to contribute 75%
of the total global growth by 2024.

North America is expected to build and expand LNG liquefaction capacity, adding nearly 148.
4 million tons/year (mtpa)
by 2024, the report said.

Haseeb Ahmed, oil and gas analyst at GlobalData, said: "Projects with determinable development plans account for nearly 72% of the region's most of the new liquefaction capacity, or 106.
6mtpa, while expansion and early announced projects account for the remaining capacity
.
Sixteen new build and three expansion projects are expected to start operations
in North America by 2024.
”

The former Soviet Union is the second highest region in terms of global LNG capacity growth, with an expected increase of 31.
2 mtpa
by 2024.
All capacity additions in the region came from greenfield projects
.
Among them, by 2024, Arctic-2 floating and Baltic terminals account for the majority of new capacity, adding 13.
2 mtpa and 13 mtpa
, respectively.

By 2024, Africa's new LNG liquefaction capacity will increase by 10.
1 mtpa, ranking third
in the world.
Mozambique's Coral Floating terminal is the largest upcoming liquefaction project in the region, with a new LNG capacity of 3.
4 mtpa
by 2024.