Perenco in Gabon, TotalEnergies in Mozambique, Qilak in Alaska, Cheniere in Louisiana… In the columns of the specialized press, announcements of major gas liquefaction infrastructure projects follow one another. It must be said that since the invasion of Ukraine by Russia, this form of natural gas, called liquefied and therefore designated by the acronym LNG, is in fashion. Maintained at temperatures below -162°C, this fossil gas takes up 600 times less space than at ambient temperature and pressure. It can therefore be transported by LNG carriers, and sold flexibly to the highest bidder.
Following the Russian invasion of Ukraine, Europe very quickly saw in LNG the means of obtaining supplies of American or Qatari gas to wean itself off that of its Russian neighbour, transported by pipeline and which represented half of its gas supplies at the start of 2021. This new market dynamism gives LNG champions the opportunity to push their current projects forward. So much so that a recent report by the firm Roland Berger estimates that investments in LNG should approach 40 billion dollars per year until 2028.
North America and Qatar lead investments
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