Data and analytics company GlobalData has revealed that India is to take a leading role in liquefied natural gas(LNG)re-gasification in the APAC region,contributing around 21% of the region's total LNG re-gasification capacity additions by 2025.GlobalData's report,titled'Global LNG Industry Outlook to 2025-Capacity and Capital Expenditure Oudook with Details of All Operating and Planned Terminals',showed that India could see 3,428 billion cubic feet(bcf)of LNG re-gasification capacity additions.The majority of the capacity would be from new-build terminals,while the remainder will be from the expansion of existing terminals.
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