section_path: Storage and transport/Floating liquefied natural gas
section_name: Floating liquefied natural gas
paragraph_text: Floating liquefied natural gas
  
  Floating liquefied natural gas (FLNG) is an innovative technology designed to enable the development of offshore gas resources that would otherwise remain untapped due to environmental or economic factors which currently make them impractical to develop via a land-based LNG operation. FLNG technology also provides a number of environmental and economic advantages:
  
  Many gas and oil companies are considering the economic and environmental benefits of floating liquefied natural gas (FLNG). There are currently projects underway to construct five FLNG facilities. Petronas is close to completion on their FLNG-1 at Daewoo Shipbuilding and Marine Engineering and are underway on their FLNG-2 project at Samsung Heavy Industries. Shell Prelude is due to start production 2017. The Browse LNG project will commence FEED in 2019.