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FLNG innovations spurring industry growth

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LNG Industry,

LNG technologies such as floating LNG (FLNG) innovations – driven by its shorter construction lead times and lower capital investment costs – are increasingly becoming a viable option for increased gas deployments.

At the same time, the continued need for a balanced power generation portfolio, as well as the need to address energy security and environmental concerns, are driving rapid growth in the gas industry.

To support this, Black & Veatch is enhancing its ability to provide clients with FLNG expertise that offers cost and operational efficiencies.

“As countries seek alternatives to baseload feedstock for power generation and, in some instances the need to address heavily subsidised fuel oil-based generation, gas-fired generation offers a reliable alternative that helps create a more balanced energy portfolio. FLNG technologies provide LNG exporters and importers flexible, mobile liquefaction and regasification infrastructure,” says Jim Schnieders, Executive Vice President and Managing Director, Asia & Floating Offshore Solutions - Oil & Gas.

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