A christening ceremony for the Coral-Sul floating

liquefied natural gas facility at Samsung Heavy Industries’ shipyard in Geoje,

South Korea. Photo by Yonhap / EPA

May 28 (Asia Today) -- Samsung Heavy Industries is expanding its offshore plant business on rising demand for floating liquefied natural gas production facilities.

The South Korean shipbuilder said its offshore production facility order backlog reached $4.3 billion in the first quarter, up 43% from $3 billion a year earlier.