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  • Perspective

Perspective. FLNG has democratised liquefaction and is no longer the preserve of IOCs

Floating LNG (FLNG) solutions are highly applicable to independent and national oil companies (NOCs) holding stranded and associated gas resources. FLNG has democratised liquefaction and is no longer the preserve of IOCs.
Feb 2026 Pat Breen and Daniel Sidwell

FLNG is not just a game-changer in cost profile. It has the potential to open access for monetisation of gas through global LNG for the benefit of countries and resource holders, without the dependency on the uncertainties that capital management within IOCs has brought in the past and does so now increasingly. With eight vessels successfully operational we argue the industry has matured and is evolving fast.