The World FLNG Market Report 2010-2016

Friday, August 07, 2009

In recent years the floating liquefied natural gas (FLNG) business has rapidly grown and is now at the forefront of offshore industry focus. The second edition of this major report, by energy analysts Douglas-Westwood, brings together in one document a clear review of the current and future prospects, technology concepts and markets forecasts for expenditure in the FLNG sector. The report addresses both the floating regasification and the floating liquefaction vessel markets and quantifies the size of the opportunity in volume and value. The business is poised for substantial growth, particularly within the liquefaction sector, and is forecast to be worth $7.4b by 2016.

The IEA forecasts annual growth in natural gas supply will average 1.6% from 2006 to 2030. By 2030, natural gas will account for 23% of total worldwide primary energy supply. The difficulties in progressing onshore projects in LNG has driven the adoption of FLNG which now offers an increasingly important method of bringing gas from stranded reserves to the market.

The report is unique in providing a complete overview of both floating liquefaction and regasification concepts.

The report identifies by region and thoroughly discusses on a country-by-country basis the current and future prospects for floating LNG Liquefaction and Regasification terminals to 2016.

(www.dw-1.com)


LNG

Wärtsilä Re-gasification system for Norwegian Ship Conversion

Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel.

Höegh LNG Speeds up FSRU Conversion

Höegh LNG Holdings Ltd. today announced that it has signed agreements with Wärtsila Oil and Gas (EPCIC regas) and Moss Maritime (engineering) for its first FSRU conversion project,

China Receives First American LNG Cargo

The first cargo of US liquefied natural gas (LNG) to target the world’s largest energy consumer arrived Monday at the Chinese port of Yantian in Shenzhen near Hong Kong.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pipelines Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0749 sec (13 req/sec)