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Global Floating Liquefied Natural Gas (FLNG) Capacity Expansion

Sector: LNG

Source: Offshore Engineer Magazine

Project
Planned And Under Construction

Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030. FLNG projects are achieving utilization rates comparable to onshore terminals and are emerging as a faster, more flexible, and cost-effective solution to unlock previously stranded reserves. The global FLNG capacity is estimated to reach 42 million tonnes per ann

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The project “Global Floating Liquefied Natural Gas (FLNG) Capacity Expansion” is an infrastructure initiative in the LNG sector. Taiyo aggregates data on it from Offshore Engineer Magazine.

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Participants

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planned and under construction

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Description

Description

Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030. FLNG projects are achieving utilization rates comparable to onshore terminals and are emerging as a faster, more flexible, and cost-effective solution to unlock previously stranded reserves. The global FLNG capacity is estimated to reach 42 million tonnes per annum by 2030 and 55 million tonnes per annum by 2035, up from 14.1 million tonnes per annum in 2024. FLNG vessels are also proving operational flexibility across diverse environments and can be delivered faster than onshore liquefaction facilities.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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