FLNG Innovations Boost Gas Industry Growth
Liquefied natural gas (LNG) technologies, such as floating LNG (FLNG) innovations, driven by its shorter construction lead times and lower capital investment costs, are increasingly becoming a viable option for increased gas deployments.FLNG helps mitigate siting constraints that shore-based infrastructure may face, pointed out the Kansas City-based engineering firm Black & Veatch.The provider of engineering, procurement and construction (EPC) services for energy also stressed on the continued need for a balanced power generation portfolio as well as the need to address energy security and environmental concerns are driving rapid growth in the gas industry.To support this, Black & Veatch is enhancing its ability to provide clients with FLNG expertise that offers cost and operational efficiencies.
“As countries seek alternatives to baseload feedstock for power generation and, in some instances the need to address heavily subsidized fuel oil-based generation, gas-fired generation offers a reliable alternative that helps create a more balanced energy portfolio. Floating liquefied natural gas (FLNG) technologies provide LNG exporters and importers flexible, mobile liquefaction and regasification infrastructure,” says Jim Schnieders, Executive Vice President and Managing Director, Asia & Floating Offshore Solutions – Oil & Gas.Black & Veatch is a global leader in FLNG, with multiple first-of-a-kind projects, now fully performance-tested and operational. These include: The world’s first barge-based floating liquefaction unit deployed offshore Argentina; First-of-a-kind conversion of an LNG carrier to a FLNG vessel, deployed offshore Cameroon, and India’s first floating storage and regasification (FSRU) terminal project. Black & Veatch’s role encompasses front end engineering design – and detailed design – through to full engineering, procurement, construction, installation and commissioning (EPCIC) solutions. These projects span both tanker and barge-based LNG export and import infrastructure operating around the world.