Floating LNG gains buoyancy

12/10/2012
The energy industry has discussed floating natural gas liquefaction for more than 30 years as an option to develop gas from remote offshore locations. Douglas-Westwood recently forecast $47.4 billion total will be spent on FLNG during 2013-19. In its report, "World FLNG Market Forecast 2013-19," Douglas-Westwood analysts expect more than $28 billion to be spent on liquefaction and $19.1 billion to be spent on import terminals. Floating-liquefaction allows producers to bring liquefaction directly to the source of offshore gas. Murray Dormer, author of the forecast, expects that Asia and Australia will account for more than one-third of the spend Douglas-Westwood anticipates world...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected