Liquefied Natural Gas (LNG) Infrastructure Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Liquefaction Terminal, Regasification Terminal), By End User Industry (Heavy-Duty Vehicles, Electric Power Generation, Marine Transport), By Region, By Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 83.42 Billion
CAGR (2026-2031)	12.64%
Fastest Growing Segment	Electric Power Generation
Largest Market	Asia Pacific
Market Size (2031)	USD 170.38 Billion

Market Overview

The Global Liquefied Natural Gas (LNG) Infrastructure Market will grow from USD 83.42 Billion in 2025 to USD 170.38 Billion by 2031 at a 12.64% CAGR. The Global Liquefied Natural Gas (LNG) Infrastructure Market encompasses the complex physical assets and engineering systems necessary for the liquefaction, transportation, storage, and regasification of natural gas. The primary drivers supporting the market's growth include the intensifying global focus on energy security and the strategic shift toward lower-carbon fuels, which establishes natural gas as a vital transitional energy source for industrializing economies. According to the International Gas Union, in 2024, global LNG liquefaction capacity grew to a total of 494.4 million tonnes per annum.

Despite the positive trajectory, the sector encounters substantial headwinds arising from the immense capital expenditure required for greenfield developments and the lengthy timelines associated with regulatory approvals. A significant challenge impeding rapid market expansion is the heightened geopolitical volatility, which creates uncertainty for long-term investment decisions and disrupts the stability of global supply chains. This unpredictability often delays final investment decisions for critical export and import terminals, thereby slowing the overall pace of infrastructure deployment.

Key Market Drivers

Strategic investments in infrastructure for energy security and supply diversification are fundamentally reshaping the Global LNG Infrastructure Market. As nations strive to mitigate geopolitical risks and reduce reliance on single-source energy imports, governments and private entities are accelerating the construction of liquefaction terminals and regasification facilities. This capital influx is particularly evident in regions transitioning away from coal, where natural gas serves as a reliable baseload power source. The urgency to secure long-term energy supplies has triggered a wave of Final Investment Decisions (FIDs) for large-scale export projects. According to the Institute for Energy Economics and Financial Analysis, September 2024, in the 'Global LNG Outlook 2024-2028', approximately 193 million tonnes per annum of new liquefaction capacity is currently under construction or has been approved for development worldwide, signaling a massive expansion of physical assets to meet future consumption requirements.

The expansion of global LNG bunkering networks to meet maritime emission standards acts as a secondary but critical catalyst for infrastructure proliferation. With the shipping industry facing stringent environmental regulations to lower sulfur and carbon footprints, port authorities are swiftly developing specialized refueling barges and shore-to-ship transfer systems to service the growing fleet of dual-fuel vessels. This operational shift necessitates the rapid deployment of small-scale storage and bunkering nodes at major trading hubs. According to DNV, October 2024, in the 'Alternative Fuels Insight' platform, the total count of LNG-fuelled vessels in operation and on order surpassed 1,000 ships, driving the immediate need for expanded refueling capabilities. Furthermore, according to Shell, in 2024, global trade of liquefied natural gas reached 404 million tonnes in the preceding year, underscoring the intense pressure on existing logistical networks to accommodate rising flow volumes.

Download Free Sample Report

Key Market Challenges

Heightened geopolitical volatility represents a formidable barrier to the expansion of the Global Liquefied Natural Gas (LNG) Infrastructure Market. This instability introduces severe unpredictability into the long-term planning required for major energy projects. Because LNG terminals and pipelines demand massive upfront capital and years to construct, investors require assurance of stable trade relations and secure supply routes. When geopolitical tensions arise, they disrupt these essential conditions, elevating the risk premium for new ventures and causing stakeholders to postpone critical funding commitments.

Consequently, this uncertainty directly slows the pace of infrastructure deployment. Market participants often delay Final Investment Decisions (FIDs) to avoid stranding assets in politically volatile regions or committing to contracts that may become untenable. This trend of caution is quantifiable in recent industry performance. According to the International Gas Union, in 2024, only 14.8 million tonnes per annum of new liquefaction capacity reached final investment decision (FID). This restricted flow of capital for new projects underscores how geopolitical friction hampers the industry's ability to rapidly scale infrastructure capacity.

Key Market Trends

The Acceleration of Floating LNG (FLNG) Deployments is transforming the market by enabling the monetization of remote gas fields that were previously unviable for land-based infrastructure. These mobile production units offer a distinct advantage over traditional onshore terminals by significantly reducing project lead times and minimizing civil construction risks in environmentally challenging regions. This shift towards flexible, modular assets allows operators to rapidly respond to fluctuating global supply requirements, unlocking resources that are otherwise stranded. According to the International Gas Union, May 2025, in the '2025 World LNG Report', the total operational Floating LNG (FLNG) capacity reached 14.35 million tonnes per annum, reflecting the growing industry reliance on these versatile maritime assets to secure incremental supply.

The Integration of Carbon Capture, Utilization, and Storage (CCUS) is emerging as a critical trend to address intensifying scrutiny on the emission intensity of liquefaction operations. Developers are increasingly retrofitting existing trains and designing new facilities with integrated carbon stripping units to capture reservoir and combustion emissions at the source, allowing them to market certified low-carbon cargoes to premium buyers. This technical evolution marks a decisive move from theoretical pilots to industrial-scale implementation within the infrastructure itself. According to QatarEnergy, October 2025, in the '2024 Sustainability Report', the company has successfully deployed 2.2 million tonnes per annum of active carbon capture and storage capacity linked to its LNG and sales gas facilities.

Segmental Insights

The Electric Power Generation segment represents the fastest-growing category within the Global LNG Infrastructure Market due to the accelerating global transition from coal to cleaner energy sources. Utilities worldwide are prioritizing natural gas to reduce carbon emissions while maintaining grid stability alongside renewable energy integration. Organizations such as the International Energy Agency emphasize the necessity of LNG as a flexible lower-carbon fuel, prompting increased development of import terminals and regasification facilities dedicated to power plants. This strategic shift ensures energy security and regulatory compliance, driving significant demand for infrastructure supporting gas-fired electricity production.

Regional Insights

Asia Pacific holds the leading position in the Global Liquefied Natural Gas (LNG) Infrastructure Market, driven by rapid industrialization and stringent environmental policies aimed at decarbonization. Major economies, including China and Japan, are aggressively expanding regasification terminals and distribution networks to replace coal with cleaner natural gas. This transition is reinforced by government mandates prioritizing energy security and sustainable power generation. Consequently, the continuous development of import facilities and storage capabilities supports the region's dominance, ensuring a stable energy supply for its growing residential and commercial sectors.

Recent Developments

• In December 2025, Conrad Shipyard and Samsung Heavy Industries signed a Memorandum of Understanding to collaborate on the development of a new generation of LNG bunkering vessels specifically for the United States market. This strategic partnership intends to leverage the U.S. company's domestic regulatory and commercial expertise alongside the South Korean partner's advanced engineering capabilities. The collaboration focuses on creating vessel designs and commercial models that address the rising infrastructure demand for alternative marine fuels, ensuring the delivery of assets that comply with American standards while supporting the maritime industry's energy transition.
• In January 2025, Baker Hughes announced that it had secured a major contract to provide a modularized liquefied natural gas system and a power island for Venture Global’s LNG projects in the United States. The arrangement also included a multi-year services framework covering maintenance, inspection, and engineering support for the Plaquemines LNG facility in Louisiana. This collaboration highlights the company’s role in delivering advanced infrastructure technology, with the equipment order and services agreement finalized to support the project's expansion and enhance production efficiency in the North American market.
• In June 2024, ADNOC awarded engineering, procurement, and construction contracts valued at $5.5 billion for the development of the Ruwais LNG project in the United Arab Emirates. The agreements were assigned to a consortium led by Technip Energies, which included JGC Corporation and NMDC Group, to build a low-carbon liquefied natural gas export terminal. The facility is designed to feature two natural gas liquefaction trains with a combined capacity of 9.6 million metric tons per annum and will utilize clean power sources to significantly reduce the carbon intensity of its operations compared to traditional facilities.
• In February 2024, QatarEnergy announced the commencement of a significant expansion initiative known as the "North Field West" project, aimed at substantially increasing the nation's liquefied natural gas capabilities. The company revealed that extensive appraisal drilling had confirmed productive layers extending into the western sector of the field, enabling the development of a new production facility. This strategic undertaking is projected to raise the State of Qatar’s total LNG production capacity to 142 million tons per annum before the end of the decade, representing an increase of nearly 85% from current production levels to meet global energy demand.

Key Market Players

• QatarEnergy
• Cheniere Energy, Inc.
• Chevron Corporation
• Exxon Mobil Corporation
• Shell PLC
• TotalEnergies SE
• Woodside Energy Group Ltd.
• ConocoPhillips Co.
• Eni S.p.A.
• Equinor ASA

By Type	By End User Industry	By Region
Liquefaction Terminal Regasification Terminal	Heavy-Duty Vehicles Electric Power Generation Marine Transport	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Liquefied Natural Gas (LNG) Infrastructure Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Liquefied Natural Gas (LNG) Infrastructure Market, By Type:

• Liquefaction Terminal
• Regasification Terminal

• Liquefied Natural Gas (LNG) Infrastructure Market, By End User Industry:

• Heavy-Duty Vehicles
• Electric Power Generation
• Marine Transport

• Liquefied Natural Gas (LNG) Infrastructure Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE