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The Floating Liquefied Natural Gas (FLNG) market is a subset of the Liquefied Natural Gas (LNG) industry. FLNG is a type of LNG production facility that is located offshore and is used to extract, process, and store natural gas. FLNG facilities are typically located in deepwater areas, allowing for the production of natural gas from remote and deepwater fields. FLNG facilities are designed to be mobile and can be moved to different locations as needed.
FLNG facilities are becoming increasingly popular due to their ability to reduce costs and increase efficiency. They also provide a more environmentally friendly option for natural gas production, as they reduce the need for onshore infrastructure. FLNG facilities are also able to produce natural gas in remote areas, which can be difficult to access with traditional onshore facilities.
Some of the major companies in the FLNG market include Royal Dutch Shell, Chevron, ExxonMobil, Total, and BP. These companies have invested heavily in FLNG technology and have developed a number of FLNG facilities around the world. Show Less Read more
