“Floating Liquefied Natural Gas (Lng) Market To Register Capital Expenditure Of $7.17 Bn In 2016” Says Visiongain Report

11 September 2016
Energy

Visiongain’s new 315 page report the Floating Liquefied Natural Gas (FLNG) Market : CAPEX and Capacity Forecasts for LNG FPSOs and FSRUs indicates that capital expenditure (capex) on FLNG projects will total $7.17bn in 2016, with the liquefaction (LNG FPSO) part of the market worth $5.06bn, and the regasification (FSRU) part of the market seeing capex of $2.11bn.

The lead analyst of the report commented that, “The floating liquefied natural gas (FLNG) market is developing quickly, with the first LNG FPSOs scheduled for delivery in 2016 and the number of countries ordering FSRUs expanding. Though the impact of lower oil prices and an oversupplied LNG market are creating challenges for project economics, the FLNG market will continue to register strong growth over the coming decade.”

The report includes forecasts for the LNG FPSO and FSRU parts of the market, broken down into capex and capacity forecasts for 8 regional markets and 10 leading national markets. The report also includes capex forecasts by LNG FPSO component and capacity forecasts by LNG FPSO liquefaction technology. In addition, details and analysis are provided for all existing, under construction and planned LNG FPSO and FSRU vessels, while a companies’ chapter offers profiles and market shares for the leading companies in the FLNG market. An exclusive interview from Javid H. Talib from Black & Veatch provides expert opinion alongside visiongain’s forecasts and analysis.

The Floating Liquefied Natural Gas (FLNG) Market: 2016-2026: CAPEX and Capacity Forecasts for LNG FPSOs and FSRUs report will be of value to anyone who wants to better understand the industry and its dynamics. It will be useful for businesses already involved in segment of the LNG market, or for those wishing to enter this growing market in the future.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.

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