The Key Players in Global Floating Liquefied Natural Gas Market 2018-2022

Wednesday 16 May 2018, Amsterdam

Market Research Report Press Release The report, now available on ASDReports, recognizes the following companies as the key players in the global floating liquefied natural gas market: Exxon Mobil, Golar LNG, Petroliam Nasional Berhad, Royal Dutch Shell, Samsung Heavy Industries, and TechnipFMC.

Commenting on the report, an analyst said: “One trend in the market is increasing usage of natural gas in the transportation sector. The transportation sector has significantly contributed to the rise in air pollution across the world. Additionally, increased emissions from air, road, and water transport also result in climate change and declining air quality in urban cities.”

According to the report, one driver in the market is rising global oil and gas consumption. According to the US Energy Information Administration, the consumption of liquid fuel has increased significantly in the last few years. The global liquid fuel consumption was almost 90 mbpd in 2011 and this reached about 99 mbpd in 2017.

Further, the report states that one challenge in the market is fluctuations in oil and gas prices. The continued trend of low crude oil prices has put additional pressure on the oil and gas service providing companies. Low-profit margins for a continued period result in reduced revenues, which directly influence the financial aspect of a company.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Global Floating Liquefied Natural Gas Market 2018-2022

Global Floating Liquefied Natural Gas Market 2018-2022

Publish date : April 2018
Report code : ASDR-455555
Pages : 110

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