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Floating LNG Terminals Will Help In Commercializing Small Offshore Gas Fields and To Meet Peak Gas Demand
GlobalData, July 2011, Pages: 8
Floating LNG Terminals Will Help In Commercializing Small Offshore Gas Fields and To Meet Peak Gas Demand
Summary
The global oil and gas industry had to shy away from developing small gas fields in offshore areas up to now due to the high capital expenditure required to develop such fields. However, the industry finds a solution to this problem imminent today, in the form of floating LNG liquefaction (FLNG) terminals. Once commercialized, FLNG liquefaction terminals will help develop undeveloped gas fields across the world. Currently Russia, Turkmenistan, Ukraine and Uzbekistan are estimated to hold the largest number of undeveloped gas reserves. Also, several countries across the world are using FLNG regasification terminals to meet their seasonal and short-term high demand for natural gas. It is expected that floating LNG terminals will provide new capabilities to the oil and gas industry.
Scope
- The report highlights the role that FLNG production and regasification terminals can play in global oil and gas industry.
- It also presents information on the types of FLNG vessels
- It provides information on the advantages of FLNG terminals over traditional onshore LNG terminals
- It also highlights certain key operational challenges for FLNG terminals
Reasons to buy
- Stay informed about the types of FLNG terminals
- Keep abreast of the developments of FLNG terminals worldwide and how it can make feasible the development of small offshore fields
- Stay informed about the operational challenges related to FLNG terminals
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