Page 12: of Maritime Reporter Magazine (October 2018)

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LNG report

Floating Liquefaction & Regasi? cation

LNG/ENERGY UPDATE

BY JIM MCCAUL nternational Maritime Associates lihood of each making the development The probability rating is based on how Stakeholder overlay considerations has completed a 12-month study investment hurdle. Many FLNG and the project scores in terms of drivers of • strength of the project promoter of the global market for ? oating FSRU projects are planned – but only project health and stockholder overlay • strength of offtake buyer

Igas liquefaction plants and ? oating some will ultimately will move forward considerations. • government support for the project

LNG regasi? cation terminals. The 150+ to development. The goal of the study • ease of doing business in the re- page study, published by World Energy is to objectively sort out likely winners Drivers of project economic health source country

Reports, is the most detailed analysis yet and losers – and explain the rationale for • gas processing requirement made of this growing business sector. the rating. Employing a qualitative anal- • gas quality- liquids presence A similar analysis is made of FSRUs ysis that re? ects lessons learned from • upstream location in the planning queue. Based on lessons

Project Success Evaluation post-FID FLNG projects, IMA exam- • FLNG location learned from FSRU terminals already in

The IMA study is the ? rst professional ines 29 ? oating liquefaction projects in • alternative gas commercialization development, IMA provides its view of effort to systematically look at the uni- the planning stage and provides its view possibilities the probability that each of 47 FSRU ter- verse of FLNG and FSRU projects in the of whether the project has a strong, fair • transport distance to the Chinese gas minals in the planning stage has a strong, planning stage – and categorize the like- or weak probability of moving forward. import market fair or weak probability of moving for-

The 488-m Prelude FLNG, the world’s ? rst ? oating lique? ed natural gas (FLNG) project.

GET THE REPORT • VISIT https://? ng.worldenergyreports.com/reports/ • EMAIL [email protected] • CALL Jean V ertucci @ +1-212-477-6700

Photo Courtesy Shell 12 Maritime Reporter & Engineering News • OCTOBER 2018

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