Flex LNG is well positioned to take advantage of increasing LNG production when its newbuildings hit the water, the company said in its second quarter report.
The John Fredriksen-controlled company said bigger LNG capacity coming to the market between 2017 and 2020 will coincide with the delivery of two MEGI LNG carriers, currently being built at Samsung Heavy Industries.
Flex added it is still working on strategies to add value to the company, such as industry consolidation, short and long-term charters and FSRU opportunities.
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