Energy demand in the next two decades is expected to increase by 50 percent ormore, driven by the engine of economic growth. In parallel, the global demand for naturalgas is anticipated to grow faster than the overall demand for liquid and fossil fuels.Economical monetization of stranded reserves to the market is key component in order tomeet the overall natural gas demand.It is believed that the floating LNG plant is viable and will become industry trend innear future to develop significant associated and non-associated reserves, at deepwateror other remote locations. The development of these stranded reserves is criticallydependent on enabling technologies, their relative maturity and cost effectiveness inapplication. The scale of gas reserves, distance to markets and supply volatility willdetermine the optimum technology invoked for FLNG.This paper presents risks associated in project development of a medium scaleFLNG plant and discusses their risks mitigation.
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