How will floating LNG (FLNG) change the gas industry?
I think it’s important to recognise that FLNG allows projects to be developed that probably wouldn’t otherwise be commercial feasible, because it does reduce the upfront capital costs.
FLNG just gives us another option to find a competitive solution, and I mean competitive in the global sense of the environment – to develop reserves that would otherwise probably be out of reach.
It’s a great step forward and we’re finding ways to convert reserves that are difficult to develop into the basis of good projects – whether it’s CSG, or using FLNG to get the project economics right.
How do you plan to work with government?