Share on LinkedInShare on LinkedIn

ARTICLE · 07 NOVEMBER 2010

Future opportunities in the FLNG market

Norton Rose Fulbright Australia
Explore more from Norton Rose Fulbright Australia

A UBS Investment Research paper published in March 2010 predicted LNG orders of up to US$30 billion from floating liquefied natural gas (FLNG) projects globally over the next three years. The potential for FLNG projects has been long acknowledged as the likely best solution for commercialising stranded gas fields. However, only recently has a consensus grown that the technical, financial and political risks are sufficiently manageable to make certain projects viable.

AustraliaEnergy and Natural Resources
Vincent Dwyer
Vincent Dwyer
Author LinkedIn connections

Prospects

A UBS Investment Research paper published in March 2010 predicted LNG orders of up to US$30 billion from floating liquefied natural gas (FLNG) projects globally over the next three years. The potential for FLNG projects has been long acknowledged as the likely best solution for commercialising stranded gas fields. However, only recently has a consensus grown that the technical, financial and political risks are sufficiently manageable to make certain projects viable.

Given the size of these projects, banks are likely to play a significant role in how they are structured. Regardless of whether the projects are funded by way of corporate finance or project finance, an underlying FLNG project needs to be bankable. This briefing examines the risks associated with this relatively new sector and how prospective deals could seek to overcome the uncertainty associated with FLNG projects.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

NSW Raises The Bar For IPC Referral Of Major Energy Projects, And Effectively Removes It For BESS

The NSW Government has doubled the objection threshold for electricity generating works to be referred to the Independent Planning Commission (IPC) and removed objection-based IPC referral for battery energy storage systems altogether. These changes seek to materially reduce approval risk for proponents across the energy sector.
AustraliaEnergy and Natural Resources
Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
Article

When Mining Or Exploration Comes To Your Station

Pastoralists should identify the water and operational assets that matter to the station before activity begins, then ensure any access or commercial agreement clearly deals with monitoring, disruption, rehabilitation, liability and review. The legal position will depend on the mining or exploration licence (as the case may be), the pastoral lease, government policy, approvals and proposed activity, but early preparation gives a family stronger footing in discussions.
AustraliaEnergy and Natural Resources
HHG Legal Group
HHG Legal Group
Article

Rethinking Utility Hardship: From Reactive Support To System-wide Change

Utility organizations face mounting pressure to address customer hardship through comprehensive ecosystem changes. This analysis explores how utilities can implement interventions across individual, organizational, and systemic levels to create meaningful impact. The framework presented offers a multi-layered approach to transforming reactive support into proactive, system-wide solutions.
AustraliaEnergy and Natural Resources
KordaMentha
KordaMentha