Market Andrea Pigozzo Market Andrea Pigozzo

From Scarcity to Abundance: LNG, Oil, and the Strategic Outlook for Floaters to 2035

🚢 LNG, Coal, and the Rise of Floaters: The 2035 Reality

Global energy is shifting from scarcity to abundance. LNG supply is set to surge, yet demand isn’t fading — it’s shifting.

🔹 Marine fuel:
LNG bunkering demand is ~4 Mt in 2025 and will double by 2030 as dual‑fuel vessels multiply.
With LNG exports rising from 4.4 Tcf (2024) to 9.8 Tcf by 2037, availability will remain strong.

🔹 Power generation:
Coal still dominates electricity: ~34% globally, with China >55%, India ~78% fossil‑based, and Germany still ~21% coal.

Switching coal → LNG can cut CO₂ emissions by more than half, as natural gas emits 976 lb CO₂/MWh vs 2,257 lb from coal.

🌊 The Floater Advantage in a Price‑Cycle World

As LNG and oil move into periodic oversupply/undersupply cycles, operators need assets that adapt fast.

FPSOs and FLNG units excel because they are:

  • Flexible — quickly brought online in new basins.

  • Redeployable — shifted between fields as economics change.

  • Cycle‑resistant — ideal when price volatility demands shorter payback and mobility.

By 2035, we could see 100–125 new units deployed globally — the largest floater expansion ever.

In a market defined by price swings, flexibility wins. And floaters are flexibility.

Read the full article at the link below

#LNG #FPSO #FLNG #EnergyTransition #Decarbonization #Maritime #PowerGeneration #OffshoreEngineering #FloatersIntelligentia #OilAndGas #FutureOfEnergy

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LNG2026 in Doha: Key Themes, Market Signals, and the Only Major Floater‑Relevant Technology Reveal

🔍 LNG2026 in Doha — Key Highlights & the Only Floater‑Relevant Update

The LNG2026 Conference in Doha (Feb 2–5, 2026) brought together delegates from 80+ countries and 300+ companies, confirming its role as the world’s largest LNG event.

⚡ Market & Strategy

QatarEnergy CEO Saad Sherida Al‑Kaabi announced LNG capacity rising from 77 to 120 MTPA, supported by an expanding fleet targeting 200 LNG carriers.

🚢 Floater‑Relevant Highlight

The only major technology with implications for FLNG/FSRU was the announcement that GTT’s NEXT1 containment system received ABS General Design Approval at LNG2026.

  • Dual metallic membranes (Mark III + NO96)

  • Ultra‑low BOR 0.07% V/D

  • PU‑foam insulation for improved thermal performance

Earlier approvals from BV and Lloyd’s Register reinforce NEXT1’s readiness.

👉 NEXT1 is such a major step forward for future FLNG containment architecture that I will publish a dedicated article soon to explain why this technology matters so much for offshore LNG.

🌐 Geopolitics

Security concerns led major Japanese and European buyers to reduce or skip attendance.

➡️ Next Edition

LNG2029 will take place in Brisbane, Australia.

#LNG2026 #Doha #QatarEnergy #LNGIndustry #FLNG #FSRU #FloatingLNG #EnergySecurity #GTT #NEXT1 #LNGTechnology #MaritimeInnovation #EnergyTransition #GasMarkets #OffshoreEngineering #Shipbuilding #ContainmentSystems #GlobalEnergy

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