Songhurst Brian

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Following from his 2014 paper on LNG plant cost escalation, Brian Songhurst provides a comprehensive review of the state of play of FLNG, the competing approaches and the advantages and disadvantages compared with conventional onshore liquefaction.  Brian also hints of further potential technology step-out in FLNG once the first wave of projects is successfully commissioned.  The lessons of the post-2009 period have, it can be argued, demonstrated the need for the LNG industry to address both cost base and contractual price formation mechanisms if it is to remain a viable channel for the delivery of gas in the world’s fast growing markets.