July 2018

Bonus Report: LNG Technology

How APM in LNG operations can lower TCO and boost ROI

As the world’s hydrocarbon appetite continues its rapid turn toward lighter fare (e.g., natural gas for power generation, transportation and industry), massive, near-term investments in global, capital-intensive, fully digitalized LNG infrastructure are needed.

As the world’s hydrocarbon appetite continues its rapid turn toward lighter fare (e.g., natural gas for power generation, transportation and industry), massive, near-term investments in global, capital-intensive, fully digitalized LNG infrastructure are needed. According to Shell’s LNG Outlook 2018, natural gas demand is forecast to rise twice as fast as growth in total global energy demand through 2035, with LNG leading the way with forecast growth of 4%/yr. Despite encouraging prospects for LNG, final investment decisions (FIDs) on new infrastructure stalled between 2015 and 2017 due to global oversupply, which is expected to continue into the early 2020s.1 Since LNG projects have 4 yr–5-

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