The LNG industry is approaching an unprecedented wave of expansion.
24 July 2014, 2:00PM - 3:00PM, HKT
The liquefied natural gas (LNG) industry is venturing into new territory as it approaches an unprecedented wave of expansion.
New projects in Western Canada, the US Gulf Coast and East Africa pose particular technical challenges, but more important are the non-technical challenges: remote locations, political and environmental sensitivities, new stakeholders, regulatory landscapes and organizational models.
"Out of the last 12 LNG projects, 10 went over time and/or budget – many by 40 to 50%."1
Delivering new projects successfully requires holistic project framing from the outset. Governance has to be strong; the operating model needs to go beyond silos to optimizing linkages within the project team and through the supply chain; and stakeholder, regulatory and human resources considerations need to be as central as technical issues to decision-making. A wider range of equity/financial partners, public-private partnerships and synergistic developments with other LNG projects in a region can help align interests and save costs. This is essential to achieve acceptable shareholder returns and win the confidence of LNG purchasers and project financiers.
Why you should attend this webcast
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Who should attend?
This webcast is a must for energy and natural resources executives involved in strategy, project management, infrastructure, finance, supply chain, risk management, operations, legal, compliance, M&A and human resources.
Partner, Energy & Natural Resources