China to lead global LNG regasification capacity additions from new-build projects with 25% share by 2024, says GlobalData

China to lead global LNG regasification capacity additions from new-build projects with 25% share by 2024, says GlobalData

China is expected to lead with 25% capacity share in the global liquefied natural gas (LNG) regasification industry from new-build (planned and announced) projects between 2020 and 2024, says GlobalData.. The country is expected to add 2.5tcf of regasification capacity through 15 terminals by 2024.. Four planned regasification terminals are expected to add a total capacity of 1.1tcf by 2024 while the remaining 219bcf of LNG regasification capacity would be added by an announced terminal - Sonmiani Floating in the Karachi state..