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Project Insights

FSRUs may add 28 mtpa of LNG demand by 2018

FSRUs could create around 28 mtpa of new LNG demand over the next two years, but various obstacles could delay or derail some projects FSRUs could create around 28 mtpa of new LNG demand over the next two years, but various obstacles could delay or derail some projects.
By Andrew Walker 24 May 2016 World / LNG 0 20420
Lithuania's Independence FSRU arriving into port at Klaipeda. (Robertas Dačkus)

FSRUs could create 28 mtpa of new LNG import capacity by 2018, but developers are struggling to bring projects online because of regulatory delays and a lack of suitable domestic infrastructure.

Three new markets – Egypt, Jordan and Pakistan – were opened up via FSRUs in 2015, receiving around 6 mt of LNG. The speed at which these projects were completed led some industry insiders to suggest FSRUs could be capable of absorbing the oversupply of LNG from Australia and the United States.

However, relying on...