NEW DELHI--February 28, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--As global demand for natural gas continues to rise, energy scarcity remains a matter of great concern in many countries, particularly in the developing nations. Consequently, countries worldwide are turning to natural gas imports that can help meet this escalating demand, which in turn is driving the necessity to develop regasification terminals. Amid this evolving energy landscape and increasing energy security concerns among nations, floating storage regasification units (FSRUs) emerge as one of the ways to bridge this looming supply-demand gap.