SPECIAL REPORT: Conditions improving for floating LNG production

John VautrainPurvin & Gertz Inc.SingaporeChristopher HolmesPurvin & Gertz Inc.LondonHistorically LNG has relied on a small number of land-based production and regasification sites, but this is changing. As more remote and deeper water gas resources have been identified, the limits of land-based LNG production have come into greater focus.Floating LNG (FLNG) technology holds promise economically to open new areas to production.FLNGIn this article we will focus on three key issues related to capital cost, modularity, and the insurance attributes of FLNG installations. Capital cost and modularity provide key advantages that support selection of FLNG over land-based LNG installations ...

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