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Follow on Google News | Global Flng Market Worth $6.19 Billion In 2015 Says Visiongain ReportBy: Visiongain 
vg The lead analyst of the report commented: “The flexibility, lower cost than onshore per MMPTA, and speed of unit production makes the FLNG market set for substantial growth in the coming ten years. The dramatic oil price fall in 2014 is impacting LNG prices and the overall ability to raise capital for new projects, resulting in delayed commitment to new vessels and spending until 2017. A depressed LNG price, driven currently by the low oil price and slowing demand from Asia, will be felt again into 2020 as substantial new onshore production comes online from Australia and America. Both submarkets of LNG FPSOs and FSRUs will be impacted by such developments differently, with the overall outcome over the coming decade being strong spending and the expansion of the FLNG fleet.” The key factors underpinning this investment in FLNG is the arbitrage opportunity that exists between the supply and demand sides of the global natural gas market, and the need to expand the LNG value chain in as many suitable ways as possible. The investment in, and demand for, LNG FPSOs and FSRUs will be impacted differently by considerable amounts of new onshore LNG production due to come online between 2016 and 2020. The 292 page report contains 204 tables, charts and graphs that add visual analysis in order to explain developing trends within the FLNG market. Visiongain provides annual capital expenditure (CAPEX) and capacity forecasts for the period 2015-2025 for the global market, as well as for the LNG FPSO and FSRU submarkets. The report also includes market forecasts and analysis for eight regions and the top 10 national FLNG markets, and gives country outlooks for another 35 regions. The forecasts and analysis incorporate extensive primary and secondary data-driven economic, social, and political trends. The report gives a detailed account of the factors that led to the 2014 oil price collapse, factors that presently dictate that price, and three scenario forecasts for a future oil price. The report analyzes how this impacts the LNG price, incorporates research into CAPEX and capacity trends in the overall LNG industry (onshore and floating). It details technical issues with FLNG units and recent innovations in design. The report outlines how these factors will impact FLNG spending until 2025. In addition, the report contains a dedicated leading companies’ chapter including extensive profiles, rankings and market share data for the top three FLNG companies. Also included is insight into other relevant companies involved in construction, engineering, design, and procurement, national energy companies and government agencies. The Floating Liquefied Natural Gas (FLNG) Market 2015-2025: CAPEX Prospects for LNG FPSOs & FSRUs in a Lower Oil Price Climate report will be of value to anyone who wants to better understand the FLNG market and its dynamics. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, those wishing to enter or expand into a different regional or technical part of the FLNG industry, or government departments interested in monitoring how the LNG and FLNG markets will develop. Notes for Editors If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@ About visiongain Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to- Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on. End
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