The Floating Liquefied Natural Gas (FLNG) market refers to the industry involved in the production, storage, and transportation of natural gas using floating liquefaction facilities. FLNG is a relatively new technology that enables the production of liquefied natural gas (LNG) directly at offshore gas fields, eliminating the need for onshore facilities.
The global market for Floating LNG estimated at USD 10140 million in the year 2023, is projected to reach a revised size of USD 12970 million by 2030, growing at a CAGR of 4.2% during the forecast period 2023-2030
Some key points about the FLNG market:
It’s important to note that the FLNG market is subject to various market forces, geopolitical factors, and energy policies that can influence its growth and development. Therefore, it’s advisable to consult up-to-date sources and industry reports for the most current and accurate information on the FLNG market.
Here are some trends in the Floating Liquefied Natural Gas (FLNG) market:
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Market Segmentations:
Global FLNG Market: By Company
• Golar LNG
• Hoegh LNG
• Excelerate Energy
• Exmar
• Eni
• Ophir Energy
• Mitsui O.S.K
• Lines
• Royal Dutch Shell
• Petronas
• Noble Energy
• Woodside Petroleum
• Samsung Heavy Industries
• DSME and Associates
• Hyundai Heavy Industries
• Mitsubishi Heavy Industries
Global FLNG Market: By Type
• LNG FPSO
• FSRU
Global FLNG Market: By Application
• Residential
• Commercial
• Industrial
Global FLNG Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global FLNG market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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