LNG Import Infrastructure Investment is Expected to Soar in Europe, an Industrial Info Market Brief

Industrial Info is tracking 16 European capital projects related to liquefied natural gas (LNG) import infrastructure worth more than $4.2 billion that are planned for kickoff in 2021. These projects, some of which were initiated several years ago, are being pushed forward due to improved economics, which are fueled by decreasing LNG prices on the international market. Greenfield developments in Germany, Spain and Ireland represent the bulk of the expenditures, while the remaining projects include existing terminal expansions, modernizations and equipment additions.