'Floating Liquefied Natural Gas (FLNG) market to be worth $9.5bn in 2013' says Visiongain

March 7, 2013 - PRLog -- Visiongain’s analysis indicates that the FLNG market will reach a value of $9.5bn in 2013, as confidence and investment continues in the regasification side of the market (FSRU) and final investment decisions are made on floating LNG production vessels (LNG FPSO). One core factor underpinning this is the arbitrage opportunity that exists between the supply and demand sides of the global natural gas market, and the need to expand the LNG value chain in as many suitable ways as possible. Within the next five years, the North American market will also begin exporting LNG, as a result of the shale gas revolution. FLNG will be a part of the solution that meets the ever-increasing demands on the LNG value chain.
The lead analyst of the FLNG report commented that, ‘Three investment decisions have now been taken on floating LNG production vessels with more expected in the next two years. As confidence in the commercial viability, scalability and safety of deploying liquefaction technology offshore grows so will the number of projects that receive funding. It is true that this segment of the FLNG market is burdened by high capital expenditure, difficulties securing insurance and project finance, uncertainty about viability and doubts about safety; but some of the most reputable companies in the oil and gas industry are taking the step to make this concept commercially viable. On the regasification vessel side of the market, the short lead-in time needed to deploy these vessels, their competitive pricing and the shortfalls that many countries are experiencing in their natural gas supply, makes an FSRU a very attractive solution, especially for medium-term operations.’
The report contains 161 tables, charts and graphs that add visual analysis in order to explain developing trends within the FLNG market. Visiongain provides forecasts for the period 2013-2023 in terms of capital expenditure (US$) on FLNG. In addition to a global forecast, there are two submarkets – LNG FPSO and FSRU – eight regional markets and five leading national markets analyzed and forecasted. Each forecasted market includes lists of all current projects and tenders for both liquefaction and regasification FLNG vessels.

A company’s chapter provides extensive and detailed profiles, analysis and outlooks for the three leading companies in the FSRU market and two leading strategic partnerships in the LNG FPSO market. These profiles include detailing strategic focus, current projects, contracts, as well as analysing future outlook for these companies in the FLNG sector. 44 other companies active in the market are also detailed. Last of all, two interviews with individuals from within the FLNG industry provide expert insight alongside Visiongain analysis.

The FLNG Market 2013-2023 will be of value to current and potential future stakeholders and/or investors in the FLNG industry. It will also benefit companies and research centres that wish to broaden their knowledge and understanding of a niche market that will be crucial to the development of the global natural gas industry.

For sample pages and further information concerning Visiongain report the Floating Liquefied Natural Gas (FLNG) Market 2013-2023, please visit: http://www.visiongain.com/Report/985/The-Floating-Liquefied-Natural-Gas-%28FLNG%29-Market-2013-2023
For an executive summary please contact: Sara Peerun sara.peerun@visiongainglobal.com or Tel: +44 (0) 20 7336 6100

Notes for Editors

If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

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-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

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.