Toward the end of 2021, a mere five floating LNG processors were operating around the world where they were used exclusively to tap offshore gas production. Unlike fixed onshore terminals, FLNGs—as they were employed at the time—offered a lower-cost option to liquify the gas with the added flexibility to move to other offshore gas resources inaccessible by land-based plants. ...

The giddy-up is on for new U.S. LNG export terminal projects and expansions as Europe and China duke it out for long-term supplies. Reese Energy Consulting today is studying a blizzard of activity by both U.S. operators and two large buyers rivaling for shipments as 2023 marks its seventh month and colder seasons draw closer. ...

The long and winding road to reach a FID on a U.S. LNG project is paved with near-Herculean obstacles to move even a mile. Just ask NextDecade’s Chairman and CEO Matt Schatzman who has led the Houston-based company since 2018. ...