Low spot prices today are creating enormous LNG demand growth around the globe. If new LNG supply projects are not sanctioned soon, the LNG market is expected to face a severe deficit starting ~2022 that would likely lead to dramatically higher LNG prices for importing nations.
LNG demand is growing significantly and is expected to double by 2030. However the characteristics of tomorrow’s buyers will likely be different from those of today’s. Incremental demand is coming predominantly from newer and small buyers who require more flexible supply solutions. FLNGVs are well-positioned to address this incremental demand for the following reasons:
Golar LNG Announces Joint Development Agreement with Delfin LNG
Department of Energy Approves Delfin LNG Non-FTA Application
Delfin LNG Receives Positive Record of Decision
Delfin LNG Receives Final Environmental Impact Statement
Delfin LNG Receives Draft Environmental Impact Statement