2026 World LNG Report - 03

A total of 30.1 Mtpa of liquefaction capacity was added in 2025, pushing the global capacity to 524.5 Mtpa1 by year-end 2025. The average global utilisation rate in 2025 was 83.9%, a slight decline from 86.5% in 2024, mainly due to extreme weather patterns, maintenance and mechanical faults. As of the end of 2025, seven projects have reached final investment decision (FID), bringing the total approved capacity of liquefaction projects to 234.3 Mtpa.