Top LNG Terminals Companies

The global LNG terminals market is projected to reach USD 13.15 billion by 2030 from USD 7.86 billion in 2025, registering a CAGR of 10.9%. The growth of global LNG trade and the move toward cleaner fuel options drive the market growth. Implementing digital technologies, automation, and predictive maintenance improves terminal efficiency and reliability. Implementing environmental regulations and energy security mandates in various regions also pushes the market to invest in modern infrastructure and sustainable operations. Major global and regional players have established a strong foothold in the LNG terminals market by offering comprehensive service portfolios and leveraging their operational experience.

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Major players in the LNG terminals market include Technip Energies N.V.  (France), Bechtel Corporation (US), SAIPEM SpA (Italy), Samsung C&T Corporation (South Korea), and JGC HOLDINGS CORPORATION (Japan). These global firms employ growth strategies to improve their market position, including signing long-term service contracts and partnership agreements, enhancing the capabilities of floating and onshore LNF terminals. For example, in June 2024, TotalEnergies signed an EPC contract with Technip Energies for the Marsa LNG Terminal project, encompassing all phases from engineering to commissioning. In December 2024, Woodside Energy awarded a turnkey EPC contract to Bechtel for its Louisiana LNG terminal, previously Driftwood LNG, which includes constructing a three-train facility with a capacity of 16.5 Mtpa, part of a larger project approved for up to 27.6 Mtpa. Bechtel will initially proceed with site preparation and procurement of critical materials and services.

Technip Energies N.V. is a specialist in technology and engineering. The company offers design and project development services. It offers loading systems for decarbonization in chemicals and petrochemicals industries. It provides services of engineering, procurement, construction management, commissioning, transportation & installation, and digital & project management consultancy solutions. Technip Energies N.V. operates through two segments: Technology, Products & Services and Project Delivery. The company offers liquefied natural gas (LNG) terminal solutions through the Project Delivery segment. The company serves oil & gas, petrochemicals, chemicals, metals & mining, power, and life sciences industries. Technip Energies N.V. has taken strategic steps to grow in the LNG terminals market in recent years. In September 2024, Technip Energies N.V. and KBR's joint venture, KTJV, signed an agreement with Lake Charles LNG export company LLC, a subsidiary of Energy Transfer LP, for a major Engineering, Procurement, Fabrication, and Construction (EPFC) contract. This involves developing a 16.45 MTPA LNG export facility by converting the existing Lake Charles LNG import terminal in Louisiana. The project includes three modular liquefaction trains of 5.5 MTPA each and modifications to existing LNG storage. In collaboration with partners, Technip Energies has delivered LNG infrastructure capable of producing 110 million tonnes per annum (Mtpa), representing about 20% of the world's operational liquefaction capacity, currently estimated at around 450 MTPA. It has geographic presence in the Americas, Asia, Europe, and the Middle East & Africa.

Samsung C&T Corporation focuses on electrical and civil engineering and construction. Its projects encompass the construction of buildings, civil infrastructure, urban development, plants, and housing. The company operates through four main segments: Construction, Trading, Fashion, and Resort. The LNG terminal is exclusively offered in the construction segment. The Trading segment includes chemicals, iron and steel, industrial materials, energy and mineral resources, and textiles industry plants. In recent years, Samsung C&T Corporation has made strategic moves to grow in the LNG terminals market. Notably, in March 2022, the company signed an EPC contract with PetroVietnam Power and Lilama Corporation for Vietnam's first LNG-fueled power plants, Nhon Trach 3 and 4, in Dong Nai province, with a combined capacity of 1,500 megawatts, expected to start operations by 2025. The company has also completed several LNG terminals and regasification facilities worldwide, including the South Korean LNG Terminal Expansion and the Freeport LNG terminal in the US. Its integrated approach combines EPC capabilities with advanced project management and modular construction, allowing faster schedules and cost optimization. Samsung C&T has a geographic presence in the Americas, Asia, Europe, and the Middle East & Africa.

Market Ranking

The collective market share of the key players, including Technip Energies N.V.  (France), Bechtel Corporation (US), SAIPEM SpA (Italy), Samsung C&T Corporation (South Korea), and JGC HOLDINGS CORPORATION (Japan), is 44.0–48.0%. The LNG terminals market is highly competitive, with a limited number of major engineering, procurement, and construction (EPC) players performing the majority of the projects in the market. Technip Energies N.V. has built a strong place in the LNG terminals market through its vast project portfolio and experience and knowledge of designing and constructing complex LNG terminals. Bechtel Corporation continues to be the world's largest EPC contracting firm, with a strong position in the LNG terminals market through its ability to execute projects globally and deliver turnkey LNG terminals (including engineering, procurement, construction, and commissioning) safely and efficiently. SAIPEM SpA has established itself in the LNG terminals market through its natural integration of engineering excellence and integrated solutions. SAIPEM's presence in gas and LNG in various regions provides the firm with large-scale project capabilities. Samsung C&T Corporation's recent successful delivery of LNG terminals highlights its strong presence, having gained further momentum through innovations in construction methods and new partnerships. JGC HOLDINGS CORPORATION has maintained a strong presence in the LNG terminals market and EPC environment by offering a combination of advanced engineering, procurement, and project/shop site management services associated with LNG facilities. The competitive landscape is evolving swiftly, emphasizing modular construction, digitized project delivery methods, and sustainable practices. Leading EPC firms actively invest in innovative technologies and strategic approaches to optimize costs, reduce timelines, and enhance overall performance across diverse LNG terminal project categories.

Related Reports:

LNG Terminals Market by Technology (Liquefaction, Regasification), Function (Import, Export, Bifunctional), Terminal Type (Onshore, Floating), Capacity (Small-scale, Medium-scale, Large-scale Terminals), and Region - Global Forecast to 2030

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