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FLNG Market 2024 Global Analysis By Key Players | Shell, Petronas, Samsung Heavy Industries, Hyundai Heavy Industries, DSME and Associates, Exmar, Woodside Petroleum, Golar LNG, Höegh LNG, Excelerate Energy, Black & Veatch, Wison Offshore & Marine
FLNG
U.S. FLNG market is set to witness gain over 38 % by 2024. Favorable government measures to minimize ecological damage from marine operations will stimulate the product demand. In 2017, the U.S. Maritime Administration (MARAD) approved the country?s first deep-water floating LNG export facility in the Gulf of Mexico. The facility will include four floating liquefaction vessels, each having a capacity of 210,000 cubic meters of natural gas to reduce number of coastal shipments.
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Meticulously analyzed in terms of pivotal industry segments, global FLNG market report effectively covers the scope of this space in terms of Technology, Capacity of the prominent contributors. Additionally, the report also outlines intricate details regarding the lucrative opportunities that industry contenders can expect in conjunction with the potential threats that have been envisioned for this business sphere in the forthcoming years.
The report extensively bifurcates the various contenders of global FLNG market. Prominent contributors such as Shell, Petronas, Samsung Heavy Industries, Hyundai Heavy Industries, DSME and Associates, Exmar, Woodside Petroleum, Golar LNG, Höegh LNG, Excelerate Energy, Black & Veatch, Wison Offshore & Marine, Technip, Saipem, KBR Inc., The Linde Group, Noble Energy Inc.have been scrutinized in terms of their financials, strengths, weaknesses, potential threats in the market, and future opportunities.
Rising demand for cleaner fuel coupled with stringent government regulations across the maritime industry will stimulate the FLNG market size. The International Maritime Organization Tier III establishes limits on NOx emissions and requires the use of lower sulfur content fuel. The requirements apply to vessels operating in the U.S. waters and North American Emission Control Area (ECA).
UAE floating liquefied natural gas market share is predicted to grow over 10 % owing to rapid demographic and economic growth across the region. Growing demand for electricity along with increasing internal demand for natural gas will boost the product penetration. Abu Dhabi National Oil company is planning to implement a new floating import terminal (FSRU) in 2017 to offset growing internal gas demand.
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Colombia floating liquefied natural gas market is set to exceed 8 MTPA by 2024. High natural gas reserve potential along with flexible fiscal policies will fuel the industry growth. Robust growth in natural gas discoveries subject to the country?s regulatory reforms favorable to foreign investments will further complement the business outlook. Privatization of Colombian energy resources enabled many foreign players to foray into its exploration and production sector.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. FLNG Industry Insights
Chapter 4. FLNG Market, By Technology
Chapter 5. FLNG Market, By Capacity
Chapter 6. FLNG Market, By Region
Chapter 7. Company Profiles
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Related Report:
Global Floating Liquefied Natural Gas Sales Market Report 2018
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https://www.marketstudyreport.com/reports/global-floating-liquefied-natural-gas-sales-market-report-2018/?utm_source=RR-PSR
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