Digital transformation in LNG requires a long-term, data-driven approach

The energy transition has begun, and natural gas, especially in its liquefied form, promises to play a key role in enabling the shift to a greener and cleaner global power picture. The potential is there, but the LNG industry finds itself facing continually mounting pressure from all fronts—the foremost being the rise in production levels while prices continue to fall, putting companies in a cost crunch at a time when investment is sorely needed. The solution to this conundrum lies within the LNG industry’s ability to leverage three concepts: efficiency, profitability and sustainability. The LNG players who have managed to tackle these challenges are the ones who have succeeded with a long