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Positive outlook for FLNG market after OPEC’s production cut

12-06-2016 08:50 PM CET | Energy & Environment

Press release from: SMi Group

Positive outlook for FLNG market after OPEC’s production cut

SMi Reports (06/12/2016, London, UK): OPEC’s decision will present new opportunities for the FLNG market.

After OPEC’s announcement to cut their oil production last week, many are speculating that this will be a positive move for the Floating Liquefied Natural Gas Market (FLNG). Bloomberg reported that OPEC’s decision will provide more opportunities for global LNG’s exporters.*

Despite the volatile market conditions, the floating liquefied natural gas (FLNG) market is developing quickly. This couple with the recent cut in oil production might very well presents a new landscape for the current FLNG market. New and current players in the market will need to act very quickly to take advantage of latest opportunities.

Following this, SMi is delighted to announce that the Floating LNG conference taking place on 13th-14th February 2017 will share exclusive insight on the status of current and potential FLNG projects, the latest LNG opportunities as well as cover the impact of oil production cut on the FLNG market.

Key presentations include:

1) Prospects for Floating LNG – the worldwide outlook – Douglas Westwood

2) LNG opportunities in Western Australia - Western Australia European Office

3) FLNG opportunities for the East Med - EC Cyprus Natural Hydrocarbons Company Ltd (eCNHC)

4) How FSRUs can accelerate the demand growth for LNG in East of Suez? - FGE

Other notable presenters include: KBR, Enagas, Aragon, International Energy Agency, Moffatt & Nichol, Forbes Communications, Holmwood Consulting Limited, EC Cyprus Natural Hydrocarbons Company Ltd, Douglas West-Wood, Amec Foster Wheeler Iberia, Affinity Ship, Penguin Energy Consultants, FGE, Norton Rose Fulbright LLP and many more.

Over 15 key presentations featuring latest topics on Floating LNG: Global prospects for floating LNG, worldwide development of FSRUs, overcoming key technology challenges from liquefaction through to regasification, the influence of geopolitics on the supply and demand of FLNG, how the oil – gas price margin impact the FLNG market and much more.

The event agenda also includes two post conference workshops, taking place on 15th February 2017:
• Workshop A: Developing a FLNG Project. Hosted by Penguin Energy Consultants.
• Workshop B: Legal and commercial issues affecting the FLNG industry. Hosted by Norton Rose Fulbright LLP.

For those looking to attend, there is a £100 early bird saving available online ending on 16th December 2016.

Further information is available at http://www.floating-lng.co.uk/openpr

*Source: https://www.bloomberg.com/news/articles/2016-11-30/opec-deal-is-bad-news-for-u-s-gas-and-good-news-for-lng-market

5th annual Floating LNG 2017
13th-14th February 2017
Copthorne Tara Hotel, London, UK
http://www.floating-lng.co.uk/openpr

About SMi Group:
Established since 1993, the SMi Group is a global event-production company that specializes in Business-to-Business Conferences, Workshops, Masterclasses and online Communities. We create and deliver events in the Defence, Security, Energy, Utilities, Finance and Pharmaceutical industries. We pride ourselves on having access to the world most forward thinking opinion leaders and visionaries, allowing us to bring our communities together to Learn, Engage, Share and Network. More information can be found at http://www.smi-online.co.uk

SMi Group
1 Westminster Bridge Rd, London SE1 7XW
Media: Contact Theresa Chung on tchung@smi-online.co.uk
Sponsors and Delegates Registration: Contact Andrew Gibbons on +44(0) 207 827 6156, agibbons@smi-online.co.uk

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