LNG2024_03

A total of 3.8 MTPA of liquefaction capacity was added in 2023, while an additional 0.6 MTPA was added with Tango FLNG in Congo-Brazzaville commencing in February in 2024, pushing global liquefaction capacity to around 483 MTPA as of the end of February. The average global utilisation rate in 2023 was 88.7%, similar to 89% in 2022. As of the end of February this year, total approved capacity of liquefaction projects is 216.9 MTPA.