Company: DLNG
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001104659-25-033744
Chunk: 88

Company: Dynagas LNG Partners LP
Filing Date: 2025-04-10
Form: 20-F
Item: Item 3
Chunk 88
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ry

As such, LNG production capacity will expand significantly as several new production facilities are now under construction and due on stream in the next few years. Generally, every additional one million ton of LNG productive capacity creates demand for up to two standard modern LNG carriers.

In the last decade, more countries entered the LNG export market. In December 2024, there were 20 producers and exporters of LNG. World trade in LNG has risen from 243.3 million tons in 2014 to an estimated 412.4 million tons in 2024.

Table of Contents

LNG Exports: 2010-20241

(Million Tons)

  Exporters       2014       2019       2020       2021       2022       2023      2024e  
 ──────────────────────────────────────────────────────────────────────────────────────────
  ALG             12.6       12.2       10.9       11.8        9.3       12.7       11.1  
  USA#             0.3       33.8       50.8       67.0       82.2       88.8       89.4  
  LIB                —        0.0        0.0        0.0        0.0        0.0        0.0  
  BRU              6.0        6.4        6.3        5.6        4.5        4.6        4.5  
  UAE              5.8        5.8        5.0        6.0        5.4        5.0        5.5  
  INO             15.8       15.5       13.7       13.8       14.0       15.6       14.5  
  MAL             24.8       26.2       23.0       24.9       26.2       26.5       26.8  
  AUS             23.1       75.4       77.9       78.5       82.7       81.1       82.0  
  QAT             75.5       77.8       76.9       77.0