Smaller FLNG vessels showing outsized potential
Transborders Energy is pioneering small-scale LNG development for markets looking to buy modest volumes
In a region better known for its mega-sized liquefied natural gas export projects, Perth-based Transborders Energy (TBE) is pioneering a new concept for extracting and exporting small volumes of stranded gas via floating LNG facilities. Using a generic, predetermined and replicable low-cost FLNG vessel and sub-sea tie-back development concept and commercial framework, TBE is aiming to tap into rising demand internationally for modest volumes of LNG. "By targeting around 1.2m tonnes a year of capacity and through innovative financing and commercial structures with our contracting partners, we aim to deliver a differentiated off-take value proposition to LNG buyers," TBE's Managing Director Da
Also in this section
24 October 2024
Producers in the region see significant gains to be made by boosting output using the infrastructure already in place
23 October 2024
Markets have seen no material disruption from the war so far, but as the fighting goes on it is a matter of when, not if
23 October 2024
Majors in the region are pushing boundaries and could see significant upside, but longer-term risks remain
22 October 2024
Angola is unlikely to meet the official timeline for an IPO of state-owned oil giant Sonangol in 2026