The relatively young industry of projects using floating storage and regasification units (FSRU) has enjoyed boom years since 2015 as many new importers of liquefied natural gas (LNG) used these floating types of carriers that are cheaper than having to build an entire onshore LNG import terminal. But the golden years of the FSRU, the first of which was used in 2005, may be over , at least for now, because the voracious Chinese natural gas demand has upended the LNG market and made less urgent the need for FSRU projects in new and much smaller markets. The FSRU market is still set to grow, but at a slower pace than in the past two years, according to analysts. Before 2017, a rising trend among emerging markets to seek the cleaner-than-coal fuel raised the number of LNG importers around the world, and many of the newcomers to the LNG […]

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