Commodity market report
| |
34 Pages

Global FLNG overview 2016: Africa, the next FLNG frontier

Global FLNG overview 2016: Africa, the next FLNG frontier

Report summary

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.

What's included?

This report includes 2 file(s)

  • Global FLNG overview 2016: Africa, the next FLNG frontier PDF - 2.39 MB 34 Pages, 14 Tables, 15 Figures
  • FLNG overview breakeven(final).xls XLS - 585.00 KB


As global energy demand rises, the market for liquefied natural gas (LNG) continues to expand. Set to increase by 50% between 2015 and 2020, the LNG market is one of the fastest growing in the world. This spectacular growth is transforming the market, with many new companies entering the sector and changing the industry landscape.

This LNG Long Term Outlook report provides an overview of LNG in the gas market.

LNG market participants and advisers can use this report to better understand the long-term role of this market in the global LNG business.

Offering bottom-up market analysis for over 150 LNG supply assets, 28 LNG-importing countries and more than 500 LNG contracts, Wood Mackenzie is the definitive and trusted resource for the LNG industry. We use our robust database and expert industry knowledge to help you understand the dynamics of the global LNG industry and identify emerging trends and opportunities.

  • Executive summary
  • Key Issues
    • Near-shore developments
    • Open-Sea developments
    • Vessel life
    • FLNG vs Conventional LNG costs
    • Cost Risk
    • Liquefaction costs
    • Capital costs
      • Cost deflation
    • Operating costs
    • Breakevens
    • Cancelled projects
  • Risks and uncertainties
    • Commercial challenges
      • Commercial structure
      • Finance
      • Insurance
      • Government support
    • Technical challenges
      • Liquefaction process
      • LNG storage and containment type
      • Liquids Processing and Storage
      • LNG Offloading & Transfer
      • Utilisation
      • Sizing
      • Safety
  • FLNG advantages and risks
    • Advantages
    • Challenges and risks
  • Supply
    • FLNG Outlook
    • FLNG will remain a niche play
  • Key companies
    • Upstream companies
    • Mid-stream operators
      • Golar
      • Exmar
      • Hoegh
      • Excelerate
    • EPC contractors and shipbuilders
      • EPC/Technology Companies
      • Shipbuilders
  • Infrastructure
    • Asia Pacific Developments
      • Australia
        • Scarborough FLNG
        • Greater Sunrise FLNG
        • Cash-Maple
      • Malaysia
        • PETRONAS FLNG 1 (Kanowit)
        • PETRONAS FLNG 2 (Rotan)
      • Indonesia
        • Abadi FLNG - concept changed
      • Papua New Guinea
        • Pandora FLNG
        • PNG FLNG / Gulf
        • Other FLNG – Asia/Pacific
        • Africa and Middle East
          • Cameroon
          • Equatorial Guinea
          • Mozambique
          • Other FLNG – Africa and Middle East
        • Americas FLNG projects
          • US Gulf Coast
            • US FLNG
            • CE (Cambridge Energy) FLNG
            • Lavaca Bay - cancelled
          • Canada
            • Kitsault FLNG
            • Triton LNG
            • Stewart Energy FLNG
            • Other FLNG
          • Colombia
            • Caribbean FLNG – Cancelled
          • Brazil
            • Santos Pre-Salt FLNG
          • Other North and South American FLNG projects

In this report there are 29 tables or charts, including:

  • Executive summary
  • Key Issues
    • FLNG vessel life
    • FLNG capex estimates - near-shore vs open-sea
    • Capital costs
    • Operating costs
    • FLNG capex by year
    • Pre-tax vessel breakevens
    • Overall project FOB breakevens
  • Risks and uncertainties
    • Table of liquefaction technologies
    • FLNG vs Conventional - Range of development
  • FLNG advantages and risks
  • Supply
    • FLNG FID tracker
    • Potential LNG supply: Base case vs. positive FLNG outlook
  • Key companies
    • FLNG vessel owners
    • EPC and Technology Companies
    • Shipbuilders
  • Infrastructure
    • Asia-Pacific map
    • Prelude
    • Browse LNG
    • Infrastructure: Table 3
    • Infrastructure: Table 4
    • Infrastructure: Table 5
    • Africa and Middle East map
    • GoFLNG - Cameroon
    • Fortuna FLNG – Equatorial Guinea
    • Coral FLNG
    • US FLNG map
    • Delfin FLNG
    • Canada FLNG map
    • Douglas Channel LNG – cancelled
    • Infrastructure: Table 11
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.