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Is Keppel looking at a new gas-based recurrent earnings stream?

PC Lee
PC Lee7/7/2017 12:00 PM GMT+08  • 2 min read
Is Keppel looking at a new gas-based recurrent earnings stream?
SINGAPORE (July 7): Keppel Corp could be building up a base of FLNG (Floating Liquefied Natural Gas) assets to help generate recurring income, says UOB KayHian, but it may take years to achieve.
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SINGAPORE (July 7): Keppel Corp could be building up a base of FLNG (Floating Liquefied Natural Gas) assets to help generate recurring income, says UOB KayHian, but it may take years to achieve.

In a Friday report, lead analyst Foo Zhi Wei says Keppel could create an FLNG trust by selectively taking stakes in the FLNG orders it undertakes.

Given the rising role of gas, Foo says this strategy provides Keppel with a highly scalable model to reap the benefits of higher FLNG vessel demand in the future.


See: Keppel to deliver world’s first Floating Liquefaction Vessel conversion

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