Over the next five years, expected CAPEX on FLNG units will total $42 billion – a 172% increase compared to the total expenditure of $15.5 billion from 2013-2018. With four FLNG projects currently in commercial operations and the technology finally moving towards commercial viability, the market is now ready for the second wave of FLNG projects as global LNG demand is set to create deficit by 2020.
Returning to Singapore in November, the 2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value chain – global oil and gas companies, LNG offtakers, shipyards, EPCs, financiers, legal advisors, equipment and solution providers – for the latest FLNG market intelligence and highlight lessons learnt from project development, build, design through to operations.
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