Maintain a competitive edge in the liquefied natural gas industry

摘要

Liquefied natural gas (LNG) is experiencing a healthy long-term growth rate but faces resource constraints and growing competitive pressures. To maintain competitiveness and profitability, the LNG industry needs to reduce project timelines and costs. The LNG industry also needs to design assets for minimal staffing and inventory, energy efficiency and minimal carbon footprint, along with improving plant flexibility to exploit spot trade opportunities. Although automation represents only 2% to 6% of project spending, its impact on operations over time is 15% to 30%. Accordingly, automation represents a great opportunity to improve an LNG plant's business effectiveness. Unfortunately, the traditional Main Automation Contractor (MAC) approach focuses on integrating the automation segment of projects, but only up to the startup phase and it does not address the complexities of today's LNG projects.