Version 1
: Received: 27 December 2023 / Approved: 29 December 2023 / Online: 29 December 2023 (11:28:17 CET)
How to cite:
JOHNSON, N. Strategic Mastery: Uncleashing the Power of LNG Program Development through Advanced Techniques. Preprints2023, 2023122241. https://doi.org/10.20944/preprints202312.2241.v1
JOHNSON, N. Strategic Mastery: Uncleashing the Power of LNG Program Development through Advanced Techniques. Preprints 2023, 2023122241. https://doi.org/10.20944/preprints202312.2241.v1
JOHNSON, N. Strategic Mastery: Uncleashing the Power of LNG Program Development through Advanced Techniques. Preprints2023, 2023122241. https://doi.org/10.20944/preprints202312.2241.v1
APA Style
JOHNSON, N. (2023). Strategic Mastery: Uncleashing the Power of LNG Program Development through Advanced Techniques. Preprints. https://doi.org/10.20944/preprints202312.2241.v1
Chicago/Turabian Style
JOHNSON, N. 2023 "Strategic Mastery: Uncleashing the Power of LNG Program Development through Advanced Techniques" Preprints. https://doi.org/10.20944/preprints202312.2241.v1
Abstract
With the global supply of LNG experiencing unprecedented growth, the industry is on the brink of a programmed glut, further exacerbated by the challenges posed by weaker energy pricing. In light of this, it is expected that marginal programs will be deferred temporarily, yet continuously assessed to enhance their economic potential in the future. Moreover, recent setbacks in LNG programs, such as cost overruns and delays, highlight the critical need for a unique conceptual design master plan. This plan will serve as a powerful tool to evaluate and optimize new programs, ensuring improved economic viability and boosting rates of return. By leveraging advanced analytical frameworks, innovative technologies, and comprehensive risk assessments, this study aims to develop a transformative approach that drives sustainable growth and profitability in the dynamic landscape of LNG program development." "This paper centers around the development of a comprehensive conceptual design master plan aimed at optimizing the total program economics across various areas, including sub-sea, offshore, and onshore advancements. The master plan serves as a crucial framework for identifying opportunities to reduce costs and enhance program definition, drawing insights from selective benchmarks derived from recent successful LNG programs. The ultimate objective is to boost the program rate of return while improving overall program definition, thereby mitigating the risks of cost overruns and schedule delays that have plagued the industry. By implementing this master plan, marginal programs stand a greater chance of becoming economically viable, fostering sustainable growth and enabling stakeholders to make informed decisions in the highly dynamic LNG landscape.
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
