Managing tax in the LNG and FLNG industry: Lesson... | KPMG | ID

Managing tax in the LNG and FLNG industry: Lessons from the front lines

Managing tax in the LNG and FLNG industry

Across the globe, liquefied natural gas (LNG) and floating LNG (FLNG) opportunities are rapidly emerging as fast, cost-effective means of unlocking new gas resources.

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From a tax viewpoint, new technologies and new ways of doing business always bring new tax issues – and LNG and FLNG projects are no exception.

 

This is the fourth in a series of LNG reports which KPMG energy and natural resources tax professionals from member firms in South Africa, Nigeria, Japan, Canada and Australia share leading practices, lessons learned and key actions for effective tax management that provides deeper insights on improving project economics and certainty through better project management, cost transparency, governance, jurisdiction engagement, stakeholders and opportunity selection.

They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

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