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You are here: Home Archive 2009 Jan 08 Floating LNG projects lure the big players

Floating LNG projects lure the big players

by Obsidian last modified Jan 08, 2009 12:00 AM

Almost US$27bn will be spent on floating liquefied natural gas projects during the next seven years, as offshore solutions increasingly gain favour at the expense of onshore developments.

This is one of the conclusions of a new report by energy analyst Douglas-Westwood, which predicts that annual spending on floating regasification and liquefaction units will jump from $695m this year to $8.5bn in 2015.

Africa and Asia, which are...

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