Insight
Global FLNG overview 2023: FLNG is back in vogue
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Report summary
Investor interest in FLNG is back. 8.5 mmtpa of FLNG capacity was sanctioned last year. Currently, 12.5 mmtpa is under construction and by 2026 almost 25 mmtpa of floating supply will be operational. And the story isn’t finished yet. International oil companies (IOCs), upstream producers and midstream specialists are all moving projects towards FID. But FLNG has its challenges. A simple, fast-to-market solution is every developer’s dream. This can be achieved with FLNG, but not in every situation. The requirement for gas processing or difficult metocean conditions can quickly add complexity and increase costs. Our latest Global FLNG overview leverages Wood Mackenzie’s unrivalled LNG, upstream and economic expertise to provide a detailed breakdown of the key drivers behind FLNG’s resurgence
Table of contents
- Why is FLNG back in favour ?
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