26 July 2026 Operating today: ~17 MTPA • New capacity pipeline: ~61 MTPA Evolution: Purpose-built → Barge-based → LNG Carrier Conversion → Deepwater Expansion → Standardised Multi-FLNG Export Hubs Generation I – Purpose-built FLNG 🇲🇾 PFLNG Satu (Malaysia, 2017) — 1.2 MTPA First commercial FLNG. Generation II – Barge-based FLNG 🇦🇷🇨🇬 Tango FLNG (Argentina, 2019 → Republic of Congo, 2023) — 0.5–0.6 MTPA First commercial deployment in Argentina (2019). First commercially re

26 July 2026 Key facts: Under construction: 18 MTPA (6 projects) Advanced pre-FID: 34 MTPA (5 projects) Early-stage concepts: 10 MTPA (3 projects) Total identified pipeline: ~63 MTPA (14 projects) Evolution: Purpose-built FLNG → Barge-based FLNG → LNG Carrier Conversion → Deepwater FLNG → Standardised Designs → Multi-FLNG Export Hubs Innovations: Single FLNG → Multi-FLNG export hubs with shared infrastructure Bespoke designs → Standardised platforms Dedicated infrastructure →

23 July 2026 Low-cost pioneers → Scale-up → CAPEX inflation → A new optimisation phase Over six decades, LNG plant CAPEX has traced an inverted U-curve. $140/tpa (1964) — small, simple first-generation LNG plants. $2,500/tpa (2016) — Australian megaprojects set the CAPEX record. $610/tpa (2026/27) — North Field East sets today's lowest publicly comparable benchmark for world-scale LNG plants. CAPEX evolution 🔹 1964–1983 | Low-cost pioneers Smaller trains, mature locations an