Industry: Midstream & NGLs

Driven by new LNG exports, the global carrier fleet, 400+ in 2014, will exceed 500 within five years, prompting shipbuilder expansion.

Floating LNG technology offers potentially faster and more economical deployment compared to onshore facilities, which, if cost efficiencies are realized, could enhance LNG market competitiveness and affordability.

Multiple companies have ventures aiming to utilize FLNG for North American natural gas exports.

U.S. natural gas surplus fosters niche LNG supply to Caribbean/Latin America via novel logistics, reflecting broader market impacts.

Despite the cost, altering China’s energy mix is feasible due to its adaptable infrastructure and directed investment capacity, enabling a shift to renewables for rising demand. Ongoing green investments and emissions reduction efforts reflect this strategy and address global climate concerns.