Prelims: Current events of national and international importance | Reports
Why in News?
The World LNG Report for 2026 was released recently.
Released by – International Gas Union (IGU).
Purpose – To provide a comprehensive, authoritative review of the global liquefied natural gas (LNG) industry and markets.
Key Findings
Global LNG Trade – Reached a record of 437 million tonnes in 2025, with a 6.3% increase – the strongest growth since 2022.
Trade Growth – Driven by expanding supplies from the United States, Qatar, Australia, Russia and other producers.
New Exporters – Canada and Mauritania/Senegal joined (First new LNG export markets since 2022).
Europe’s Demand Surge – Europe’s imports jumped due to the loss of Russian pipeline transit through Ukraine (which expired in early 2025).
Asia’s Capacity Growth – Asia led the global LNG regasification capacity additions in 2025, due to the new capacity from China and India, representing 24% and 11.3% of global additions, respectively.
Asia Pacific Import Trends – Asia Pacific remained the largest LNG-importing region, but its imports into Asia fell mainly due to lower intake in China and India.
Status of India
Capacity Addition – India added 52.5 million tonnes per annum (mtpa) of regasification capacity across eight terminals.
Global Ranking – With this expansion, it surpassed Spain to become the 4th largest market for regasification capacity in 2025.
Dahej LNG Terminal, Gujarat – Ranks as the 6th largest regasification facility globally and stands out as India's premier ultra-large energy hub
Reason for rise – Rising demand for fertiliser, city gas and utilities & the Government’s push for enhanced share of liquefied natural gas (LNG) in the energy mix.
Target – India’s natural gas consumption is forecast to increase by nearly 60% by 2030 (International Energy Agency), driven by robust growth in city gas distribution, industrial demand, and power generation.
LNG Regasification Utilisation – Fell to about 47% in 2025, down from 58% in 2024, due to the
Weaker LNG imports during summer months &
Increase in new regasification capacity from recent infrastructure projects.
