Industry holds its breath over FLNG’s prospects

A KPMG Global Energy Institute report concludes that floating LNG (FLNG) technology will eventually be viable, but a slow start to compensate for innovation can be expected.

Joseph Markman, Associate Editor

Shell’s Prelude FLNG, shown in an artist’s impression, is under construction in South Korea and scheduled to be deployed offshore Australia in 2017. Source: Royal Dutch Shell

A KPMG Global Energy Institute report concludes that floating LNG (FLNG) technology will eventually be viable, but a slow start to compensate for innovation can be expected.

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Joseph Markman

Joseph Markman, senior editor for Hart Energy, covers markets and provides data analysis for all Hart Energy editorial products.