Floating Liquefied Natural Gas Market Is Thriving Worldwide with Shell, PETRONAS, KBR, Inc., Technip, Saipem, Hyundai Heavy Industries Co., Ltd, Black & Veatch, Höegh LNG
Floating Liquefied Natural Gas Market is set to exceed USD 78 billion by 2024, according to a new research report by Global Market Insights, Inc. Favorable government initiatives including fiscal incentives to improve energy supply security will drive the FLNG market size. In 2017, the European Union enacted a proposal to invest USD 500 million in priority energy infrastructure including the implementation of FSRU vessels in the Member States. In 2016, the EU Connecting Europe Facility (CEF) funded the construction...
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