Editorial Comment: The Future of FLNG: Less is More?

Global LNG export capacity is expected to increase by 45% between 2017 and 2022, to more than 400 metric MMtpy, with 90% of the new capacity coming from sanctioned projects in the U.S. and Australia. By 2050, this capacity is anticipated to exceed 700 MMtpy. Regasification capacity is anticipated to increase even more sharply. Growing volumes of these production and import capacities will come in the form of floating liquefaction (FLNG) and regasification (FRGU) vessels. FLNG projects backed by major oil and gas firms and supported by adequate gas reserves and LNG demand are the most likely to achieve completion. Africa and Asia are viewed as key areas for liquefaction and regasification sp