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October 30, 2025

As of the end of 2024, global regasification capacity grew by 58 mtpa to 1064 mtpa (141.94 Bcf/d) across 32 markets. Japan has the largest regasification capacity at 217 mtpa (~29 Bcf/d), followed by China at 156 mtpa (~20 Bcf/d) and South Korea at 143 mtpa (~19 Bcf/d). Combined, these top 3 countries account for almost half of global regasification capacity. Germany led the growth in Europe, with three FSRU -based startups, including the 5.5 mtpa Mukran LNG (Energos Power), the 4.4 mtpa Mukran LNG (Neptune), and the 3.7 mpta Stade LNG 1 (Transgas Force), together contributing 13.6 mtpa of capacity addition. Utilization rates for global regasification facilities in 2024 was about 39%. European regasification utilization dropped to 50% in 2024, from 56% in 2023.
As of the end of 2024, 265.8 mtpa of new regasification capacity is under construction worldwide, including 29 new onshore terminals, 12 new floating-based terminals and 33 expansion projects.
See Also:
Liquefaction Capacity by Country Forecast
LNG Exports by Country
LNG Imports by Country
References:
“2025 World LNG Report.”, International Gas Union, May 2025, https://www.igu.org/igu-reports/2025-world-lng-report
