Projects involving floating storage and regasification units are multiplying in the low gas price environment.
Dormant developments are being revived as the economics start to stack up again, and new importers are firing up schemes on the back of cheap and abundant supplies of LNG.
Countries such asSouth Africa, where attempts have been made to put an FSRU-backed import terminal into operation for over 15 years, now have at least three competing projects in the works.
