Supply & Demand

Middle East and Africa’s reliance on FSRUs to deepen

Growing gas-to-power demand in the MEA region is boosting the popularity of floating LNG import technology, but they may not be a long-term solution Growing gas-to-power demand in the MEA region is boosting the popularity of floating LNG import technology, but they may not be a long-term solution.
By Abhishek Kumar 20 December 2016 0 24251
Growing gas-to-power demand in the MEA region is boosting the popularity of floating LNG import technology. (Höegh LNG)

The Middle East and Africa’s dependence on LNG imports is set to increase in the coming years, partly driven by greater use of gas in the power sector. 

Other factors are also favouring floating import solutions. Countries such as Ghana and Ivory Coast are opting for FSRUs because their limited demand for the fuel does not justify land-based terminals, while others like Egypt do not perceive LNG as a long-term solution because they see domestic gas output rising in the medium term. Meanwhile, the United Arab...