About Floating Liquefied Natural Gas

The FLNG is one of the methods for developing offshore natural gas fields in which the natural gas is extracted from the seabed, then processed, liquefied, and stored on a floating vessel that will be moored permanently over the field. The stored liquefied natural gas (LNG) will be offloaded to a tanker and taken directly to the market.

Technavio’s analysts forecast the global floating liquefied natural gas market’s CAGR is expected to be close to 94%, however, the market’s growth momentum will decelerate owing to a decrease in the year over year growth.

Covered in this Report
The report covers the present scenario and the growth prospects of the global floating liquefied natural gas market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Technavio’s report, Global Floating Liquefied Natural Gas Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • Exxon Mobil
  • Golar LNG
  • Petroliam Nasional Berhad
  • Royal Dutch Shell
  • Samsung Heavy Industries
  • TechnipFMC

Market Driver

  • Rising global oil and gas consumption
  • For a full, detailed list, view our report

Market Challenge

  • Fluctuations in oil and gas prices
  • For a full, detailed list, view our report

Market Trend

  • Increasing usage of natural gas in the transportation sector
  • For a full, detailed list, view our report

Key Questions Answered in this Report

  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.