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Despite the fall in LNG spot prices and postponed projects in 2016, select projects continue to push ahead and yet others are in talks for FID. As the market picks up again, where will the world's next movements in FLNG occur? Here we briefly profile the most-watched FLNG projects, as well as potential developments around the world.
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.
Download the full event agenda on the right.
Stay at the forefront of your key prospects’ minds! FLNG World Congress provides the ‘perfect platform’ to network with potential buyers who are aggressively seeking solutions in this market. Take a look at our Sponsorship & Exhibition Flyer to see a breakdown of our audience, event topics and opportunities to maximise your experience.