High Quality Content by WIKIPEDIA articles! Floating liquefied natural gas (FLNG) refers to water-based liquefied natural gas (LNG) operations employing technologies designed to enable the development of offshore natural gas resources. While no FLNG facilities currently exist, a facility is in development by Royal Dutch Shell, and is due to be completed by around 2017. Floating above an offshore natural gas field, the FLNG facility will theoretically produce, liquefy, store and transfer LNG (and potentially LPG and condensate) at sea before carriers ship it directly to markets.