HORIZON Floating LNG Becomes a Reality, But No Universal Panacea

摘要

With the imminent commissioning of the world's first floating LNG (FLNG) project, spearheaded by Malaysian state Petronas, the global industry will pass a technological milestone. But before FLNG emerges as a more widespread answer to gas monetization, developers need to overcome the price headwinds that have paralyzed most liquefaction schemes, including bigger FLNG projects (WGI Feb. 17'16).