Page 36: of Maritime Reporter Magazine (June 2025)

TECH FEATURE

Image courtesy ABS

HOW FLNG TECHNOLOGY

CAN EXPAND TO SUPPORT

THE ENERGY TRANSITION

Fast-growing energy demand is driving the need for technical support and guidance in new locations, writes Terrance Roberts,

Manager, Global Business Development, ABS urging appetite for natural gas is accelerating the ture new opportunities.

development of global and regional supply chains, As the trend develops, the impetus will be on class societies with established producers seeking new markets and regulators to ensure the increase in production capacity is and emerging suppliers looking to meet demand managed safely and ef? ciently.

from local consumers.

S

Long-tabled export projects are being fast-tracked for ap-

Supply and Demand proval in North America while new facilities are under de- Increasing supply of LNG in North and South America is velopment in Canada and South America. However emerging pushing long-tabled export projects closer to ? nal investment markets in demand centres across Asia and elsewhere are also decision. Meanwhile demand growth spans Europe and Asia looking to rapidly increase production. but also extends to other markets.

For countries seeking to access remote reserves and lacking The need to increase supply due to geopolitical con? icts in highly developed infrastructure, demand for Floating LNG is the area has made Europe an attractive destination for LNG expected to increase its market share as producers seek to cap- suppliers, encouraging project developers who want to meet 36 Maritime Reporter & Engineering News • June 2025

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