In our last blog looking at optimisation in LNG, Mashal Jaffery discussed the importance of clarity of purpose and execution when it comes to the management of data and technology in pursuit of an optimised LNG portfolio. With a still illiquid market, high transportation costs and significant inefficiency in the trade, LNG players are increasingly focused on unlocking value through effective optimisation.Effective optimisation in LNG requires a joined-up approach to the challenge: data management and technological solutions work only in the context of clear strategic direction and in an organisation capable of managing and delivering the optimisation sought, with effective controls and risk management in place.In this second blog, we take a step back and reflect on some of the most fundamental questions that need to be asked right at the beginning, before an LNG portfolio holder starts to optimise: Strategic Imperatives.
Peter Thompson - 03 Mar - 6 min read