Earlier this year, Petronas launched the world’s first floating liquefied natural gas (FLNG) vessel, PFLNG 1. The vessel is capable of producing 1.2 mtpa of LNG and is located offshore in the Kanowit field ~115 miles southwest of Malaysia. PFLNG 1 marks the first of what could be many FLNG projects worldwide. However, falling oil […]
New Approaches to FLNG
Floating liquid natural gas (FLNG) is a new technology pioneered by Shell, but companies are already trying different approaches to improve its cost effectiveness and speed of construction. As a first mover in this space, Shell is using its scale and traditional leadership in oil and gas technology to its advantage. Golar is using its […]
Exploiting Floating LNG for Small Markets
Last week, we explored a small company, Carib Energy Solutions, aiming to supply the Caribbean with LNG. We also briefly mentioned another company, Cambridge Energy and their plans to supply the Caribbean with LNG as well. However, unlike Carib, Cambridge is planning to produce their own LNG. Further, it is planning to produce LNG on […]