Press release
Floating Liquefied Natural Market to Witness an Outstanding Growth By Outstanding Manufactures In Industry
Floating Liquefied Natural Gas Market, Floating Liquefied Natural Gas Market Study, Floating Liquefied Natural Gas Market Size, Fl
Significant developments of integrated LNG-to-power projects predominantly across the power deficit countries will stimulate the FSRU market. Growing demand for gas fueled power plants will reinforce the commercialization of LNG regasification which will positively impact the industry growth. Mobility, short construction periods, cost efficiency and lower environmental impact are some of the key factors which will positively drive the FLNG market. In 2015, South Africa Department of Energy (DOE) introduced its LNG to Power IPP Procurement Programme to produce upto 3000 MW of capacity from gas fired power plants.
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Notable players in the FLNG market include Royal Dutch Shell, Golar LNG, H?egh LNG, Excelerate, Exmar, Eni, Ophir Energy, Mitsui O.S.K. Lines, Petronas, Noble Energy, Woodside Petroleum, Hyundai Heavy Industries, Samsung Heavy Industries, DSME and Associates, and Mitsubishi Heavy Industries.
Scope of Report:
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).
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.
Technological innovation to design reliable and high performance floating infrastructure will stimulate the Australia FLNG market size. In July 2017, Shell introduced Prelude which can withstand the severest cyclones including those of Category 5. It will enable the development 3 Tcf of gas fields which are uneconomic to produce through other means.
Global Floating Liquefied Natural Gas Market, By Technology
LNG FPSO, Small/mid-scale, Large scale, FSRU, Small/mid-scale, Large scale
Global Floating Liquefied Natural Gas Market, By Capacity
Small/mid-scale
Large scale
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Chapter 1. Methodology and Scope
1.1. Methodology
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. FLNG industry 3600 synopsis, 2014 – 2024
2.1.1. Business trends
2.1.2. Technology trends
2.1.3. Capacity trends
2.1.4. Regional trends
Chapter 3. FLNG Market Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2024
3.3. Industry ecosystem analysis
3.4. Technology landscape
Chapter 4. FLNG Market, By Technology
4.1. Global market share by technology, 2016 & 2024
4.2. Floating Storage Regasification Unit (FSRU)
4.2.1. Small/Mid (0-2.9 MTPA)
4.2.1.1. Market estimates and forecast, 2014 – 2024
4.2.2. Large (3 MTPA and above)
4.2.2.1. Market estimates and forecast, 2014 – 2024
4.3. LNG Floating Production Storage and Offloading (LNG FPSO)
Chapter 5. FLNG Market, By Capacity
5.1. FLNG market share by capacity, 2016 & 2024
5.2. Small/Mid (0-2.9 MTPA)
5.2.1. Market estimates and forecast, 2014 – 2024
5.3. Large (3 MTPA and above)
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