To discover how the industry can maximise its potential in the LNG market and run projects as efficiently as possible, the FSRU World Congress team spoke to a leading commercial FSRU expert on how to improve operational efficiency and also to Khalid Rahman, former Managing Director of Sui Southern Gas Company, on the role of FSRUs in gas to power projects.
Read the interview below.
The increase in demand for LNG in different countries’ energy mix signify an increase in demand for FSRUs as a less expensive and time-consuming technology as compared to onshore import terminals. There are currently 42-62 proposed import projects using FSRU facilities, although only seven of these have signed charter agreements for the vessels. This leaves around 35-55 projects still seeking to secure FSRU vessels, including those yet to reach a final investment decision (FID).
The FSRU market is also in demand to help make natural gas available readily in local markets. Diversification in the market is highly visible, fulfilling the demands for LNG and natural gas on a global level. In addition, FSRU businesses are also witnessing exponential growth due to the growing demand for green fuel all over the globe.
To discover the state of the market in 2020 and beyond, The FSRU World Congress team spoke with Xi Nan, VP, Gas and Power Markets Rystad Energy about its future and where we stand now.
In this report, you will discover:
Gas to power projects offer a solution for a cost effective and environmentally friendly source of energy to drive the power plants. Many of these projects are integrating an FSRU rather than onshore facilities due to an inherent advantage of short operational time and the ability to be built offshore and move to differing locations.
In this report, we discussed the merits of gas to power projects and the role that FSRUs have played with Khalid Rahman, former Managing Director of Sui Southern Gas Company and now consultant on LNG-related projects. We also explore the risks and challenges involved and how to overcome them and what the key steps are to approaching a gas to power project.
The FSRU market, entering the world stage in 2005, has started to come of age in recent years, enjoying extremely rapid growth. However a new trend is emerging as many developing markets struggle to complete on FSRU projects and orders, a series of high level providers have quickly reassessed, pulled back and then relocated their attentions towards more established markets. As the early months of 2019 unfold, this shift is becoming more pronounced.
In this report we examine:
The global FSRU market is expected to flourish over the next few years as demand for LNG continues to grow. According to research conducted by Market Research Future, the market is likely to touch 230 MTPA at a 13.88% CAGR during the period 2018-2023.
Download the free report to find out more.
As demand for LNG intensifies across the global markets, imports thorough FSRUs are generally expected to grow concurrently as well. But what are the current drivers affecting this boom in demand? And will they change or remain the same in 2018? Download this article to find out the current lay of the land, what it means for FSRUs and how this intensified demand will affect the supply of LNG.
AG&P exclusively share with us their view on the current FSRU market and transitioning to successful operations. The article examines how the market can become more customer-centric including how a new generation of customers has emerged.
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Ahead of the FSRU Asia Summit, we have spoke to Shiv Sivarajah heads ING Bank’s Offshore Oil and Gas Services franchise in Asia.
He spoke with the team to discuss the current climate for the FSRU market from a financiers perspective. We explore areas such as strategies for projects to stay afloat, investment appetite for the changing LNG market as well as an assessment of what the future holds.
Download the interview and read more.
As the FSRU market continues to take the spotlight in the LNG world, we’ve prepared a handy infographic for driving those projects forward for 2018. On top of critical market intelligence and information about existing projects and those under construction, we explore:
This article takes a closer look at why the Indian sub-continent is currently a favourable destination for LNG imports and also examines where FSRUs fit in the entire LNG value-chain in India, Bangladesh and Pakistan
With the increasing demand in FSRUs, it is now crucial to focus on how the end-to-end value chain can work together to move projects forward, explore the possibilities of value chain collaboration and integration, with the aim of capitalising on the exponential FSRU market growth.
Back in its 3rd year, the FSRU Asia Summit will continue to focus on the market opportunities in the region with specific focus on markets like India, Pakistan, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Singapore, Sri Lanka and Myanmar. At the same time, we will also move one step further and focus on practical strategies to get projects off the ground.
Download the preliminary agenda to find out more.