July 2009

Special Report: Liquefied Natural Gas Developments

Consider new approach for floating LNG units

Combined technical expertise for onshore and offshore LNG facilities reduces risks and capital costs for new installations

In an era where technological advances are a continuous, evolutionary dynamic, the liquefied natural gas (LNG) industry is primed for the implementation phase of offshore liquefaction, or floating LNG (FLNG), based on the important lessons learned from the progression of floating, production, storage and offloading (FPSO) and onshore LNG projects. FLNG is not a new idea. It is an idea whose time may well have come. The successful implementation of FLNG requires applying lessons learned while identifying what makes FLNG unique. When the technical and execution risks are properly identified during a high-quality front-end engineering and design (FEED), FLNG prospects have the opportunity to

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