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MARKETS ARGENTINA © sedsembak / Adobe Stock 3. New contractors needed: Shell and Eni have expe- see an unprecedented wave of new liquefaction trains com- rience working with Samsung Heavy Industries (SHI), ing online, particularly in Qatar and the US Gulf Coast. responsible for constructing the Prelude and Coral South Numerous pre-FID projects will compete with the Argen-

FLNG vessels. Others, like Keppel in Singapore and tine projects. Moreover, the global pre-FID projects could

CIMC Raffes in China, are specialists in FLNG conver- pose a bigger challenge for Argentina LNG’s Phases 2 and sions. Wison in China also has experience in the FLNG 3, as most of the other pre-FID projects are in regions market and has been contracted by Eni to build its second where some projects have already come online and their

FLNG vessel for offshore Congo-Brazzaville. reliability has been proven, e.g., the US Gulf Coast.

Due to its smaller capacity and earlier start-up, the frst phase of the Argentina project will have a better chance of

Fierce global LNG supply competition

Between 2026 and 2030, the global LNG market will competing in the LNG market.

18 OFFSHORE ENGINEER OEDIGITAL.COM