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Lloyds Energy said in a statement on Tuesday that it is currently assessing opportunities across several regions where LNG regasification infrastructure requirements are “expanding rapidly”, including South and Southeast Asia, Eastern India, the Philippines, Vietnam, Indonesia, and selected African markets.
“Industry analysts continue to identify these regions as among the fastest-growing LNG demand centers globally, driven by industrialization, rising electricity demand, and the need for reliable energy supply,” it said.
The company is exploring a range of potential initiatives, including LNG supply chain infrastructure, FSRUs, strategic LNG terminal partnerships, gas-to-power developments, industrial gas supply solutions, and energy infrastructure investment opportunities.
Lloyds Energy said recent market developments continue to demonstrate “strong” investment activity in LNG regasification infrastructure, including new FSRU projects in India and ongoing expansion of LNG terminal capacity across Asia.
The company said that all opportunities currently remain under evaluation and that no final investment decisions have been made.
Lloyds Energy did not provide further details, and the company’s website could not be accessed on Wednesday.
According to the company’s previous press releases, Lloyds Energy submitted in 2017 a formal application with the US Department of Energy (DOE) to export LNG to countries that have a free trade agreement (FTA) with the US from its proposed facility in Calhoun County, Texas.
The company also said in a statement in 2018 that it had moved one step closer to its plan to build and develop an LNG energy hub in the Philippines after receiving a letter from the Philippine National Oil Company.