Winning in a transformed marketplace: A playbook for LNG businesses

The LNG market is undergoing a significant and lasting change that is tilting the balance in favour of buyers, but also presenting opportunities for suppliers.

KPMG recently launched “Winning in a transformed marketplace: A playbook for LNG businesses”, which identified the following factors driving this change:

• Supply competition from diverse sources and very different supply options.
• Market and portfolio evolution in options, hedging and tradeable indices.
• Destination flexibility in contracts and in more adaptable regasification.
• Demand drivers and dynamics in positioning of gas versus other energy sources.

As a result, there is a need to rethink business and operating models. LNG businesses must increase their focus on the customer, exploit new demands for gas under different terms, and add value across the value chain as much as within it.

KPMG’s playbook looks at how LNG businesses can assess their position and readiness to face this transformed market, with a focus on six accelerators that can enable LNG businesses to make the required transformation.

By : KPMG