Floating LNG (FLNG)
Why develop FLNG ?
LNG trade represented around 320 bcm, or 9% of global gas demand in 2012. (source : International Energy Agency). Where pumping gas to shore can be prohibitively expensive, FLNG makes development economically viable. As a result, it will open up new business opportunities for countries to develop offshore gas fields that would otherwise remain stranded, such as those off the coasts of Africa (source : Visiongain).
Why Fives ?
Fives is renowned for its experience in offshore LNG units worldwide. Within its Cryogenics | Energy business line, Fives provides brazed heat exchangers which combine compactness and lightness - two crucial criteria for vessels, in order to optimize footprint and weight.
Thanks to its experience in Natural Gas Re-liquefaction, Fives has been selected as the leading supplier of brazed aluminium heat exchangers (BAHX) and cold boxes by major actors in the newly developed FLNG sector.