Perspective

FLNG is challenging traditional project development mentalities

Where liquefaction projects deploy floating LNG (FLNG), development schedules are increasingly departing from the sequential approach seen historically as established practice in onshore projects. This allows compressed development timelines through standardised modular designs, redeployment optionality and new business models – again lowering the barriers to entry.

Feb 2026 Gas Strategies

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These FLNG models can place further strain on traditional project development sequencing. However, unconventional project sequencing also creates new risk dynamics. For example, there may be a disproportionate distribution of liabilities and value between stakeholders. Or, workstreams may become disaggregated such that actions and commitments in just one part of the value chain hinder a
successful integrated project.

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