Next wave of floating LNG growth in developing markets

After Europe’s rapid buildout of floating LNG import capacity, Exmar CEO Carl-Antoine Saverys says future growth in floating gas infrastructure will increasingly be driven by developing markets as lower prices, rising energy demand and the need to replace coal unlock new opportunities for unconventional and tailor-made solutions

Europe’s rush to expand LNG import capacity in the wake of the global energy crisis established the continent as the world’s largest market for floating storage and regasification units (FSRUs) over the past three years. But Belgium-based Exmar believes the future of growth in floating LNG infrastructure is shifting away from Europe and towards developing markets, where lower LNG prices and rising energy demand over the coming years will open up new opportunities.   “Europe has been a big driver of demand for downstream floating solutions,” Exmar CEO Carl-Antoine Saverys said in an interview at LNG2026 in Doha. “But with LNG prices relatively stable and all this new LNG supply coming onto th