LNG Operators Must Embed Optimization from the Start
Liquefied natural gas (LNG) has become an essential component of the global energy transition, with new mega-trains and export terminals rapidly increasing supply. By 2030, roughly 300 billion cubic meters per year of new liquefaction capacity is expected to come online worldwide.
However, despite this rapid expansion, the LNG market remains unstable due to factors such as lost Russian pipeline gas, increased European LNG imports, project delays, and tighter supply forecasts for 2025. As a result, LNG operators face significant challenges in growing, decarbonizing, and operating efficiently.
The industry needs a new approach to optimization, one where it is built-in from the start rather than being an afterthought. This involves embedding optimization throughout the life cycle of an LNG project, from design to operations to analytics. A connected digital backbone that unifies engineering data, real-time operations data, and advanced analytics is key to achieving this.