FLNG: Milestone year meets reality check

Only Subscribers can read the full Article

Over the next few weeks the floating liquefaction industry will move from aspiration to reality as the first cargo from an FLNG project is lifted. The Malaysian Petronas FLNG Satu (PFLNG Satu) project, which produced its first drop of LNG in December, will become the first functioning manifestation of a technology that has been decades in development. But this milestone comes at a time when the future for FLNG projects is clouded by unhelpful market conditions and the growing realisation that moving natural gas liquefaction offshore is more technically challenging than project sponsors, shipyards and engineering contractors anticipated. LNG Business Review examines the prospects for an industry which only a handful of years ago was seen as a game-changing answer to the ballooning capital costs of liquefaction projects and asks: is that still true?

Subscription Benefits

Our three titles – LNG Business Review, Gas Matters and Gas Matters Today – tackle the biggest questions on global developments and major industry trends through a mixture of news, profiles and analysis.

LNG Business Review

LNG Business Review seeks to discover new truths about today’s LNG industry. It strives to widen market players’ scope of reference by actively engaging with events, offering new perspectives while challenging existing ones, and never shying away from being a platform for debate.

Gas Matters

Gas Matters digs deep into the stories of today, keeping the challenges of tomorrow in its sights. Weekly features and interviews, informed by unrivalled in-house expertise, offer a fresh perspective on events as well as thoughtful, intelligent analysis that dares to challenge the status quo.

Gas Matters Today

Gas Matters Today cuts through the bluster of online news and views to offer trustworthy, informed perspectives on major events shaping the gas and LNG industries. This daily news service provides unparalleled insight by drawing on the collective knowledge of in-house reporters, specialist contributors and extensive archive to go beyond the headlines, making it essential reading for gas industry professionals.

Did you know that your Internet Explorer Browser is out of date?

Your MS Internet Explorer browser is out of date, and will not be fully compatible with our website. For best browsing experience we recommend that you upgrade your IE browser to a more recent version or use an alternative, more recent browser.