Market overview
The global LNG regasification market is worth USD 12.6 bn in 2026 and is forecast to reach USD 19.6 bn by 2036, growing at a 4.5% CAGR. China is the largest country market and Onshore tank terminals is the largest by terminal type segment.
| Scope | Revenue earned by terminals that receive liquefied natural gas, warm it back to gas and feed it into pipelines, valued as regasification tariffs and capacity fees. |
|---|---|
| Industry | Oil and Gas |
| Value 2025 | USD 12.0 bn |
| Value 2026 | USD 12.6 bn |
| Value 2036 | USD 19.6 bn |
| CAGR 2026-2036 | 4.5% |
| Volume 2026 | 439 million tonnes of LNG |
| Volume 2036 | 648 million tonnes of LNG |
| Average price 2026 | USD 28.7 per tonnes of LNG |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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LNG Regasification market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 12.6 bn |
| 2027 | USD 13.2 bn |
| 2028 | USD 13.8 bn |
| 2029 | USD 14.4 bn |
| 2030 | USD 15.0 bn |
| 2031 | USD 15.7 bn |
| 2032 | USD 16.4 bn |
| 2033 | USD 17.1 bn |
| 2034 | USD 17.9 bn |
| 2035 | USD 18.7 bn |
| 2036 | USD 19.6 bn |
LNG Regasification market segmentation
By terminal type
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Onshore tank terminals | 56.0% | 49.7% | USD 7.1 bn | 3.3% |
| Onshore expansions and satellite | 16.0% | 15.6% | USD 2.0 bn | 4.3% |
| Floating storage and regasification | 28.0% | 34.7% | USD 3.5 bn | 6.8% |
By ownership
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| National utilities | 34.0% | 31.6% | USD 4.3 bn | 3.7% |
| Oil and gas majors | 30.0% | 29.8% | USD 3.8 bn | 4.4% |
| Independent operators | 20.0% | 21.9% | USD 2.5 bn | 5.4% |
| Traders and others | 16.0% | 16.7% | USD 2.0 bn | 4.9% |
By send-out capacity
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Under 3 mtpa | 22.0% | 20.0% | USD 2.8 bn | 3.5% |
| 3 to 8 mtpa | 46.0% | 44.0% | USD 5.8 bn | 4.0% |
| Above 8 mtpa | 32.0% | 36.0% | USD 4.0 bn | 5.7% |
By revenue type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Capacity booking fees | 58.0% | 55.0% | USD 7.3 bn | 4.0% |
| Variable throughput fees | 22.0% | 22.0% | USD 2.8 bn | 4.5% |
| Ancillary services | 20.0% | 23.0% | USD 2.5 bn | 6.0% |
By vaporiser type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Open-rack seawater | 40.0% | 36.0% | USD 5.0 bn | 3.4% |
| Submerged combustion | 26.0% | 24.0% | USD 3.3 bn | 3.7% |
| Intermediate fluid and ambient air | 34.0% | 40.0% | USD 4.3 bn | 6.2% |
Top 25 countries for LNG regasification by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 77.0% of 2026 revenue and the 25 countries below together hold 93.1%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 2.4 bn | 19.0% | USD 4.3 bn | 6.0% |
| 2 | Japan | USD 1.6 bn | 13.0% | USD 1.9 bn | 1.6% |
| 3 | South Korea | USD 1.1 bn | 9.0% | USD 1.5 bn | 2.6% |
| 4 | India | USD 882 mn | 7.0% | USD 2.1 bn | 9.0% |
| 5 | France | USD 630 mn | 5.0% | USD 900 mn | 3.6% |
| 6 | Spain | USD 630 mn | 5.0% | USD 841 mn | 2.9% |
| 7 | Italy | USD 630 mn | 5.0% | USD 900 mn | 3.6% |
| 8 | United Kingdom | USD 630 mn | 5.0% | USD 841 mn | 2.9% |
| 9 | Germany | USD 630 mn | 5.0% | USD 1.0 bn | 5.1% |
| 10 | Netherlands | USD 504 mn | 4.0% | USD 744 mn | 4.0% |
| 11 | Taiwan | USD 270 mn | 2.1% | USD 391 mn | 3.8% |
| 12 | Turkey | USD 241 mn | 1.9% | USD 436 mn | 6.1% |
| 13 | Belgium | USD 214 mn | 1.7% | USD 264 mn | 2.1% |
| 14 | Poland | USD 190 mn | 1.5% | USD 276 mn | 3.8% |
| 15 | Thailand | USD 170 mn | 1.4% | USD 307 mn | 6.1% |
| 16 | Pakistan | USD 151 mn | 1.2% | USD 274 mn | 6.1% |
| 17 | Brazil | USD 135 mn | 1.1% | USD 194 mn | 3.7% |
| 18 | Egypt | USD 120 mn | 0.9% | USD 217 mn | 6.1% |
| 19 | Greece | USD 106 mn | 0.8% | USD 155 mn | 3.9% |
| 20 | Singapore | USD 94 mn | 0.8% | USD 137 mn | 3.8% |
| 21 | Chile | USD 84 mn | 0.7% | USD 121 mn | 3.7% |
| 22 | Kuwait | USD 76 mn | 0.6% | USD 110 mn | 3.8% |
| 23 | Bangladesh | USD 67 mn | 0.5% | USD 121 mn | 6.2% |
| 24 | Portugal | USD 59 mn | 0.5% | USD 86 mn | 3.8% |
| 25 | Argentina | USD 53 mn | 0.4% | USD 76 mn | 3.7% |
| Rest of world | USD 868 mn | 6.9% | USD 1.4 bn | 4.5% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Shell
- TotalEnergies
- Enagas
- KOGAS
- JERA
Group 2: Regional and specialist players
- Gasunie
- Fluxys
- Tokyo Gas
- Petronet LNG
- Elengy
- Snam
- Sempra
Group 3: Emerging and niche players
- Excelerate Energy
- Hoegh LNG
- Polskie LNG
- Adriatic LNG
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the LNG regasification market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 4.5% is calculated from the resulting values.
The market is divided by terminal type, by ownership, by send-out capacity, by revenue type, by vaporiser type. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the LNG regasification market?
The global LNG regasification market is estimated at USD 12.0 bn in 2025 and USD 12.6 bn in 2026.
How fast will the LNG regasification market grow?
It is forecast to reach USD 19.6 bn by 2036, a compound annual growth rate of 4.5% from 2026, an increase of USD 7.0 bn.
Which country is the largest market for LNG regasification?
China is the largest market by revenue at USD 2.4 bn in 2026, 19.0% of the global total. The three largest countries together hold 41.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 9.0% a year from 2026 to 2036.
Which LNG regasification segment is largest?
In the by terminal type split, Onshore tank terminals is the largest segment with 56.0% of 2026 revenue.
Who are the leading LNG regasification companies?
Global leaders include Shell, TotalEnergies, Enagas, KOGAS.
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