Updated: February 27, 2015 (Originally published July 25, 2013)
Rendering of the Prelude FLNG facility, via Shell
Höegh FLNG Ltd. has been awarded a pre-FEED study from a confidential North American client for a jetty-moored 2 mtpa FLNG near-shore barge FLNG solution. The study will be executed in 2nd half of 2013 with a potential for conducting a full FEED in 2014.
In an emailed statement, Höegh LNG’s President and CEO, Sveinung J.S. Støhle commented: “We are pleased to be awarded this Pre-FEED study and are confident that the results will show that our barge based FLNG designs will give our client a safe, technically sound and cost efficient solution for exports of LNG from the North American continent. This award further underscores Höegh FLNG’s ability to compete for development of FLNG projects worldwide.”
A near-shore FLNG concept such as this would tap into the existing U.S. natural gas pipeline infrastructure, liquefy the gas, store in on board, and then transfer it to an LNG carrier for shipment worldwide. Considering the Gulf of Mexico’s propensity for hurricanes, it would seem unlikely that such a concept would be suitable for that region as a barge, but rather for either the east or west coast of the U.S.
Danaos reported solid fourth-quarter earnings for 2025 while locking in $4.3 billion in contracted revenue and expanding into LNG through a new partnership tied to the Alaska LNG project. Strong charter coverage and high fleet utilization continue to anchor earnings visibility through 2028.
European buyers are aggressively importing liquefied natural gas from Russia’s Arctic Yamal LNG project as the continent prepares for a full EU ban on Russian LNG from January 2027, new figures compiled by advocacy group urgewald from Kpler data show.
The U.S. in 2025 became the first country to export more than 100 million metric tons (mmt) of liquefied natural gas in a single year, powered by the startup of production from new plants, preliminary data from LSEG showed.
January 2, 2026
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