Exmar Predicts Growth of Floating LNG Infrastructure in Developing Markets
Exmar CEO Carl-Antoine Saverys indicates that future growth in floating LNG infrastructure will be driven by developing markets due to lower prices, rising energy demand, and coal replacement needs. Europe's expansion established it as a leading market, but the focus is shifting as new opportunities arise in these regions.
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Exmar's CEO, Carl-Antoine Saverys, forecasts that the growth of floating LNG infrastructure will increasingly occur in developing markets. This shift is attributed to lower LNG prices and rising energy demands as countries seek to replace coal.
While Europe has established itself as the largest market for floating storage and regasification units (FSRUs) during the past three years, the company sees future opportunities moving away from Europe towards developing nations. The stable LNG prices and influx of new supply are key factors in this transition.
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