September 2019 Monthly Floating Production Systems Report
In the September WER report we profile 48 floating regasification terminal (FSRU) projects at various stages of planning and provide our assessment of the probability of each moving forward to development. The evaluation takes into account the strength of the project promoter, infrastructure needed to support the terminal development, strength of local gas offtaker, government support for the project, stage of permitting approvals and ease of doing business in the importing country. We also look at the deepwater implications of the mid-September attack on Saudi crude processing infrastructure – an event that demonstrated the disruption risk in Mideast oil supply and highlighted the need for alternative sources of crude. In the data section of the report are details for 215 floater projects in the planning stage, 43 production or storage floaters now on order, 301 floating production units currently in service and 34 production floaters available for redeployment contracts.