How technology and changing business models are impacting the future of LNG
The liquefied natural gas (LNG) market is changing with the introduction of new technology and advent of new demand sources. How will evolving business models and new technologies shape the LNG market of tomorrow?
The global natural gas supply industry is shifting from conventional business practices due to increased resource availability, technological omnipotence, and new demand sources. This has triggered the emergence of new business models that are impacting the market. These changing dynamics has led to the rise of small-scale buyers and sellers, portfolio companies, and tolling liquefiers, while long-term contracts still make up the bulk of current trade. To assess this impact, Deloitte conducted a survey of LNG market executives from across the world and value chain, including producers, traders, buyers, and conducted interviews with industry thought leaders.
This report expands on our initial analysis in, Work in progress: How can business models adapt to evolving LNG markets, and includes an overview of the shifting LNG landscape, the key trends, evolving supply and demand conditions, and the impact of new technologies. It also highlights the major technologies and trends that will drive this evolution in LNG.
Betting big: LNG trends in Canada
By Andrew Botterill, Oil, Gas & Chemicals Leader, Deloitte Canada
Is Canada the next big bet for LNG? The sector is clearly on an upswing in Canada, especially, with the recently announced massive LNG project. Learn about the breadth of possibilities for the Canadian LNG market that is rapidly reconfiguring itself in the face of new realities.
Adapting traditional business models for an increasingly fragmented LNG industry
By Andrew Slaughter, Director for the Center for Energy Solutions
The liquefied natural gas (LNG) industry underwent dramatic changes over the last ten years and is expected to transform further in the next ten. Amidst the various market changes, what clearly stands out is the increased LNG demand and supply, and the growth of short-term contracts. Learn how these changes are impacting the LNG industry, including the opportunities they present.
Becoming agile and staying competitive in liquefied natural gas
By Bernadette Cullinane, Oil, Gas & Chemicals Leader, Deloitte Australia
With the surge of LNG supply and demand across geographies, the market is transforming. Technological advancements are enabling nimble business models, accelerated project timelines, and shorter-term contract alternatives to respond to the increasingly diverse market. Learn how Australia can continue to remain competitive in this changing LNG market.