Ppt for FLNG Market Update, 2017 - 2024

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FLNG Market Share, Regional Outlook Forecast
2017 - 2024
FLNG Market Size By Technology (LNG FPSO, FSRU),
By Capacity (Small/Mid-Scale, Large Scale),
Industry Analysis Report, Regional Outlook (U.S.,
UK, Russia, China, Australia, Indonesia,
Malaysia, India, Pakistan, UAE, Turkey, Egypt,
Congo, Equatorial Guinea, Cameroon, Mozambique,
Ghana, Brazil, Chile, Colombia), Price Trends,
Competitive Market Share Forecast, 2017-2024
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Global Market Scenario of FLNG

• FLNG Market size is set to exceed USD 78 billion
  by 2024, according to a new research report by
  Global Market Insights, Inc.
• Favorable government initiatives including fiscal
  incentives to improve energy supply security will
  drive the FLNG market size.
• In 2017, the European Union enacted a proposal to
  invest USD 500 million in priority energy
  infrastructure including the implementation of
  FSRU vessels in the Member States.
• Significant developments of integrated
  LNG-to-power projects predominantly across the
  power deficit countries will stimulate the FSRU
  market.
• Growing demand for gas fueled power plants will
  reinforce the commercialization of LNG
  regasification which will positively impact the
  industry growth.

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Asia Pacific FLNG Market Size, By Product, 2016
2024 (USD Billion)
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Products Insights

• FSRU market in 2016 was valued over 90 MTPA. Fast
  track implementation, lower investment cost and
  enhanced flexibility are some of the factors
  which will positively influence the industry
  growth.
• Growing demand for natural gas, primarily across
  Asia pacific will stimulate the LNG FPSO market
  share. In 2016, the Asia Pacific natural gas
  consumption increased by over 4.9 from
  2010.Vessel ability to relocate from one place to
  another, cost efficiency relative to onshore
  liquefaction plants and adaptability to operate
  in any well depth are some of the features which
  may propel the business growth.

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Regional and Competitive Insights

• U.S. FLNG market is set to witness gain over 38
  by 2024. Favorable government measures to
  minimize ecological damage from marine operations
  will stimulate the product demand. In 2017, the
  U.S. Maritime Administration (MARAD) approved the
  countrys first deep-water floating LNG export
  facility in the Gulf of Mexico. The facility will
  include four floating liquefaction vessels, each
  having a capacity of 210,000 cubic meters of
  natural gas to reduce number of coastal
  shipments.
• UAE floating liquefied natural gas market share
  is predicted to grow over 10 owing to rapid
  demographic and economic growth across the
  region. Growing demand for electricity along with
  increasing internal demand for natural gas will
  boost the product penetration. Abu Dhabi National
  Oil company is planning to implement a new
  floating import terminal (FSRU) in 2017 to offset
  growing internal gas demand.

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