Floating Liquefied Natural Gas Facility Worth $17 Billion - Modern Oil Liquefaction Technology

Floating Liquefied Natural Gas Facility Worth $17 Billion - Modern Oil Liquefaction Technology

Floating liquefied natural gas (FLNG) facilities are floating platforms designed for the production and storage of liquefied natural gas (LNG) directly from offshore natural gas fields or in some instances from shore gas fields. The FLNG facilities use the latest advancements in LNG technology to produce, store, and transfer LNG to LNG carriers without the need for a traditional onshore terminal.
The floating liquefaction facility is typically situated offshore (moored via chain to seabed) or nearshore (moored alongside a jetty or quay), where it can be easily accessed for the delivery of natural gas, and is equipped with the necessary equipment to perform the liquefaction process.