With global energy consumption demands expected to increase exponentially, the industry is turning its attention to liquefied natural gas (LNG) as means of fuelling the future.

The often burdensome costs, however, of recovering and transporting gas from remoter, deeper onshore reservoirs provide serious challenges for operators.

Now – buoyed by a number of offshore discoveries of major gas plays – the focus is shifting to the potential of floating LNG or FLNG. Technological advances in storage and production facilities add even greater weight to the claims that FLNG is the fuel of the future. While no FLNG facilities are currently deployed, the race is on, sparked by Shell’s Prelude plans.

The debate will be further fuelled when global gas industry leaders share their technical knowledge and expertise at one of the largest energy conferences this year: Gastech Conference & Exhibition at London’s ExCeL, 8-11 October.

Tags: Gastech 2012