Global FLNG overview 2016: Africa, the next FLNG frontier
This is a challenging time for new project developers, but FLNG is proving the exception to the rule. While some large scale FLNG projects have been cancelled or delayed, other projects are building momentum particularly in Africa. We expect FID at new projects in Equatorial Guinea and Mozambique, and other projects to mature in Congo and Mauritania/Senegal. We also expect first LNG from the world's first FLNG vessel in Malaysia next year. All this will build momentum behind the technology further and surface new FLNG ventures. Several companies will reap rewards from this game-changing technology, while others may struggle to deliver.