Skip to main content

FLNG expected to be the game changer for the liquefaction industry

Published by
LNG Industry,


The FLNG market is expected to witness a CAGR of 27.1%, and is projected to reach US$70 billion by 2023.

Factors propelling the growth of the FLNG market include increasing investment in the LNG market; shifting focus towards cleaner burning fuel, save on the cost by reduction in upstream infrastructure and reduction of operational downtime to develop a gas field.

The report segments the FLNG market by Processing Capacity (Small (0 – 2.9 MTPA), Large (3 MTPA and above)), by Type (Floating Production Platform, Regasification Platform), by Deployment (Near-shore, Offshore), by Region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), Rest of the World (RoW)).

The report studies the global FLNG market over the forecast period (2017 – 2023).

Read the article online at: https://www.lngindustry.com/liquefaction/01112017/flng-expected-to-be-the-game-changer-for-the-liquefaction-industry/

You might also like

Kabel Schlepp

WEBINAR - Key criteria to ensure proper selection of a cable drag chain

In this webinar KabelSchlepp will review and discuss the items needed to ensure that a cable track is properly selected and sized for the user’s application. How diameters and weights of the fill package effect cable track selection and how the jacket material of the fill package influences the cable track design. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):