FLNG lowers barriers to entry to the LNG industry by reducing costs, offering a different risk profile, and enabling innovative business models. If you are an upstream resource holder, this is a new gas monetisation pathway that gives you access to global LNG markets.
Yet even with this new pathway, as existing developers or new entrants you must still overcome key challenges to successfully develop LNG projects.
- Build a robust gas value chain in which the diverse operational, financial and commercial considerations are integrated and aligned with all stakeholder interests;
- Aggregate the most cost competitive gas resources; and
- Establish credibility with offtakers by developing a comprehensive marketing strategy, building a strong narrative and securing optimal partners.
Highlights
- FLNG challenges traditional perceptions of risk across the liquefaction project lifecycle compared to onshore liquefaction, which in many case may be more attractive to financiers and project developers
- FLNG enables new business models that offer you more flexible and accessible financing and ownership structures
- Multiple stakeholders, interests, commercial and political agendas and projects for delivery must be aligned simultaneously to ensure success
- All successful LNG projects begin with a competitive upstream gas resource and FLNG is no exception
FLNG project dimensions
- Critical to the future viability of your project will be ensuring that the entire chain functions as an integrated whole, rather than treating each element in isolation
- Building a strong value chain goes far beyond securing the right commercial agreements. It requires aligning the agendas and priorities of all stakeholders, extending beyond project partners to include regulators and authorities
- For a project to gain the necessary credibility with all stakeholders it needs to bring diverse interests together into a coherent whole, creating an integrated value chain that maximises value and minimises delivery risk for everyone involved
We work side-by-side with clients as a force multiplier. We accelerate your learning curve and provide innovative ways to align stakeholders’ agendas and shape strategies that turn opportunity into practical reality.
Download our Viewpoint to find out more about our experience in FLNG project development support.
