Tuesday, February 26, 2013

The global FLNG market to be worth $2.92bn

The global market for floating liquefied Natural Gas (FLNG) can be divided into two distinct areas: the conceptual floating liquefaction plants and the operational floating regasification units. new report addresses both of these markets, quantifying the opportunity for growth expected over the next ten years. In 2012, calculates the global FLNG market to be worth $2.92bn. The FLNG market is on the cusp of exceptional growth as floating liquefaction concepts reach commercialisation, while floating regasification projects continue to arise due to their low capital costs and successful operating history over the past six years.

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