Enhanced megaproject management systems in the LNG industry: A case study from Qatar

Kerbache, Laoucine; Ashkanani, Salman

doi:10.1016/j.egyr.2022.12.030

Cited by 8 publications

(2 citation statements)

References 22 publications

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“…Furthermore, the industry must navigate geopolitical tensions, regulatory complexities, and stakeholder opposition, which can pose significant risks to project success and reputation. Economic challenges, including volatile market conditions, project financing constraints, and cost overruns, add further complexity to LNG project management (Ashkanani and Kerbache, 2023).…”

Section: Sustainable Project Management In the Lng Industrymentioning

confidence: 99%

A review of sustainable project management practices in modern LNG industry initiatives

Wags Numoipiri Digitemie,

Ifeanyi Onyedika Ekemezie

2024

World J. Adv. Eng. Technol. Sci.

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This paper presents a comprehensive review of sustainable project management practices within the modern LNG industry, aiming to analyze the strategies, challenges, and opportunities associated with sustainable development in LNG initiatives. The literature review encompasses an examination of sustainable project management principles, emphasizing the importance of environmental stewardship, social responsibility, and economic viability in LNG projects. Case studies from various LNG initiatives worldwide are analyzed to identify best practices and frameworks for integrating sustainability into project management methodologies. These studies highlight innovative approaches such as carbon footprint reduction, community engagement programs, and economic diversification strategies, demonstrating the multifaceted nature of sustainable project management in the LNG sector. Methodologically, this review adopts a systematic approach, utilizing established criteria for selecting and analyzing relevant literature and case studies. Data collection methods include extensive literature searches and case study analysis to gather insights into the implementation and effectiveness of sustainable project management practices in the LNG industry. The findings reveal a growing trend towards the adoption of sustainable practices in LNG projects, driven by regulatory requirements, investor preferences, and stakeholder expectations. However, several challenges persist, including technological limitations, regulatory complexities, and cost implications. Nonetheless, these challenges present opportunities for innovation and collaboration, fostering the development of new technologies and strategies to enhance sustainability in LNG project management. In conclusion, this review underscores the importance of sustainable project management in the modern LNG industry, emphasizing the need for proactive measures to address environmental, social, and economic concerns while meeting energy demands. The insights provided offer valuable guidance for industry stakeholders, policymakers, and researchers seeking to advance sustainability objectives in LNG initiatives.

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Section: Sustainable Project Management In the Lng Industrymentioning

confidence: 99%

A review of sustainable project management practices in modern LNG industry initiatives

Wags Numoipiri Digitemie,

Ifeanyi Onyedika Ekemezie

2024

World J. Adv. Eng. Technol. Sci.

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“…LNG produces around 53 kg of CO2 per million British thermal units (MMBtu) compared to 91 kg of CO2 produced by coal and 73 kg of CO2 produced by distillate fuel oil. In other words, LNG is ~40% cleaner than coal and ~27% cleaner than oil for the same amount of energy produced (Ashkanani & Kerbache, 2023). Many countries are transitioning into more clean fuel in their energy mix.…”

Section: Introductionmentioning

confidence: 99%

Financial Feasibility Assessment for PT ABC LNG Production Facility Expansion Plan

Suryaputra,

Sumirat,

Darmansyah

2023

EJBMR

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PT ABC is an LNG producer that has been producing a reliable LNG for its customers since 2013. Initial GSA with upstream parties is set to be expired in 2026, however, recent development indicates that upstream parties have secured PSC extension for another 20 years. Considering this development, PT ABC is considering an opportunity to secure a long-term gas supply that enables production capacity expansion which will create additional revenue and improve plant reliability. A technical feasibility study has been performed and 2 options with estimated construction time of 30 months are considered feasible. This final project aims to provide a financial feasibility assessment of the production capacity expansion project with capital budgeting and risk assessment technique. Capital budgeting analysis using base case scenario indicates that both options will provide additional value to DSLNG with an estimated NPV 52.1 MUSD, IRR 20.57%, DPBP 9.4 years, and PI 1.52 for Option 1, and estimated NPV 117.8 MUSD, IRR 28.77%, DPBP 8.62 years, and PI 2.68 for Option 2. However, this study also found that some variables are affecting the project financial feasibility significantly, such as LNG and feed gas price, plant availability, Capex realization and long-term debt interest rate. Monte Carlo simulation shows that the project has a probability of success (NPV > 0) of 54.24% for Option 1 and 65.80% for Option 2.

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Towards a greener future: examining carbon emission dynamics in Asia amid gross domestic product, energy consumption, and trade openness

Dharmapriya,

Edirisinghe,

Gunawardena

et al. 2024

Environ Sci Pollut Res

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Enhanced megaproject management systems in the LNG industry: A case study from Qatar

Cited by 8 publications

References 22 publications

A review of sustainable project management practices in modern LNG industry initiatives

A review of sustainable project management practices in modern LNG industry initiatives

Financial Feasibility Assessment for PT ABC LNG Production Facility Expansion Plan

Towards a greener future: examining carbon emission dynamics in Asia amid gross domestic product, energy consumption, and trade openness

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