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
You will learn more about:
- Challenges facing the LNG Industry
- LNG export projects in new environments and the importance of effective risk mitigation
- Lessons that can be learned from successful/unsuccessful projects
- Nine things that successful project proponents need to get right
- Creating win-win relationships with key stakeholders
- Planning for Major LNG export project success
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.