To make informed decisions; Natural Gas resource holders, investors, regulators, and other project proponents need an understanding of the nature, costs, and cost drivers of Floating Liquefied Natural Gas (FLNG) technology. There is currently a wide range of FLNG projects under consideration, in construction, or in commissioning, yet the available public domain information suggests there are considerable variations in understanding the scope, costs, and cost drivers of these projects. This paper provides a brief review and analysis of public domain information, focusses on the cost drivers of an FLNG facility, and proposes a "screening" level approach to integrate FLNG costing into an overall field development costing.

Keywords:
LNG, liquefaction process, cost driver, Upstream Oil & Gas, deliverability, FLNG project, storage requirement, gas monetization, information, operation
Subjects:
Natural Gas Conversion and Storage, Liquified natural gas (LNG)
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2016. International Petroleum Technology Conference
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