Jun 9, 2025
IEA introduces a new tracker for global LNG capacity.
The global natural gas market is anticipated to shift towards abundant supply in the coming years, primarily due to increased global production and export capacity for liquefied natural gas (LNG), according to a report.
The IEA has introduced a new online tool that will publicly share important LNG data, offering detailed insights into the rapidly changing market for the first time, as reported by Wam news agency.
The IEA's Global LNG Capacity Tracker, released on Saturday, tracks final investment decisions for new LNG export projects and provides information on liquefaction capacity growth up to 2030, based on ongoing projects and their ramp-up schedules. It will be updated regularly.
Currently, the world has around 670 billion cubic meters (bcm) of LNG liquefaction capacity per year. Slower capacity growth in recent years has resulted in higher prices amidst strong demand. However, capacity is expected to increase significantly by the end of the decade, impacting global gas markets. Between 2025 and 2030, nearly 290 bcm per year of new LNG export capacity is projected to become operational from projects that have already received final investment approval and are in construction, according to the Tracker.
The speed and extent of this supply capacity expansion is uncertain and may change over time. The Tracker aims to provide up-to-date insights for governments, industry, and other stakeholders.
The IEA closely observes natural gas market developments, which are crucial for global energy security today. This includes the quarterly Gas Market Report and special reports, such as the India Gas Market Report published in February.
The IEA has introduced a new online tool that will publicly share important LNG data, offering detailed insights into the rapidly changing market for the first time, as reported by Wam news agency.
The IEA's Global LNG Capacity Tracker, released on Saturday, tracks final investment decisions for new LNG export projects and provides information on liquefaction capacity growth up to 2030, based on ongoing projects and their ramp-up schedules. It will be updated regularly.
Currently, the world has around 670 billion cubic meters (bcm) of LNG liquefaction capacity per year. Slower capacity growth in recent years has resulted in higher prices amidst strong demand. However, capacity is expected to increase significantly by the end of the decade, impacting global gas markets. Between 2025 and 2030, nearly 290 bcm per year of new LNG export capacity is projected to become operational from projects that have already received final investment approval and are in construction, according to the Tracker.
The speed and extent of this supply capacity expansion is uncertain and may change over time. The Tracker aims to provide up-to-date insights for governments, industry, and other stakeholders.
The IEA closely observes natural gas market developments, which are crucial for global energy security today. This includes the quarterly Gas Market Report and special reports, such as the India Gas Market Report published in February.