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You are here: Home Archive 2009 June Weekly Edition 11th of June 2009 Floating LNG system now looking buoyant

Floating LNG system now looking buoyant

by Martin Wingrove, London last modified Jun 11, 2009 12:48 PM

FLOATING liquefied natural gas production is moving from the design board into reality as engineering and oil companies push ahead with their innovative plans.

The world is still waiting for the first LNG floating production storage and offloading project to be sanctioned by energy companies. But market analysts believe the first one will emerge this year despite the recent slowdown in the global economy...

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