Liquefied Natural Gas

Many clients have benefited from our testing of their strategies against the impact of market shifts (e.g. energy mix, technological disruptions, climate change, trade patterns and demographics, new entrants, digital disruption, politics and changing regulation). We help clients understand gaps in their capabilities versus what’s required to win in this dynamic new market context. Our seasoned O&G strategists use our Capability-Driven Strategy approach, industry knowledge, data analytics, benchmarking and leading practice frameworks to determine ‘how to play’.

S& has helped many clients assess their business and project portfolios in terms of strategic alignment, commercial returns, risks, and developmental benefits. We work closely with our Deals team to build business cases, feasibilities and financial models to support investment committee and funding applications. We have developed portfolio modelling and management tools to help our clients manage interdependency, portfolio balance and risk exposure, governance, cash flows and returns. 

We have assisted many clients in the LNG value chain to develop corporate, business and operational-level strategies and performance improvement plans. These range in focus from market entry, green field establishments, acquisitions and integration, to disposals, cost reduction, operating model transformation, digital transformation and innovation and growth. We use our SMEs (Subject Matter Expert), BXT (Business, eXperience, Technology) accelerator approach and facilities to help clients transcend the limitations of current thinking to reimagine the business of tomorrow. 

We help clients design organisations that optimally use their resources and capabilities to achieve their strategic priorities, are focused on the customer, are agile and effective, are digitally fit, and are responsive to the SDGs. We help our clients build organisations that are Fit for the Future. We find that the volatile and disrupted energy and LNG market has exposed gaps in many of our clients’ current operating models. These outdated models need to be reinvented to prevent failure or redundancy. 

Tax is an increasingly important consideration, and tax strategy is embedded in our strategic choices, market entry strategies, corporate and operating model designs – not added as an afterthought. Our S& team works seamlessly with our tax SMEs to consider and develop tax-efficient approaches and to design Tax Functions of the Future, which are able to deliver efficiencies and to ensure that the overall control environment is effective.

PwC assists the LNG to prepare and embrace for the unequivocal rise of digital innovation, RPA (Robotic Process Automation), and IoT (Internet of Things) in the LNG industry. With our proven technology and automation solution we assist the LNG industry to reach higher production rates and increased productivity, more efficient use of materials, better product quality, improved safety, more favourable labour demands, and reduced lead times across all LNG operations. We help clients realise the change needed and ensure they have the skills, resources and flexibility to respond ahead of their competitors.

Our organisation design capability comprises services that help LNG clients design an organisation and set-up of their people that is fit for purpose and addresses the internal, external, formal and informal factors that determine how well an organisation can put into practice its strategy. 

PwC assists the LNG industry to build tailored people and organisation solutions with a deep understanding of our clients’ uniqueness, grounded in rigorous analysis and data‑driven insight, to create lasting, differentiated value. We help clients to implement organisational transformation, improve the effectiveness of their workforce, develop and move talent around their business, and manage their human capital risks. We work from people strategy through to organisational execution.

PwC assists the LNG industry to improve energy usage and cost across all operations. We assists clients in ensuring that power is available, operational costs are optimised and maintenance is performed on a predictive, preventive basis and that our clients can track energy use and the potential for energy savings. Applying our demand side management approach we create revenues from our clients’ energy flexibility.

Globalisation, regulatory changes, shorter business cycles, increased scrutiny and the changing international tax landscape are factors affecting the tax functions of players in the LNG industry. With our proven tax expertise, we deliver value to organisations by assisting them to be well-positioned and able to respond to these challenges.

PwC assists the LNG industry to understand the complex requirements of the local communities and stakeholders in which it operates. We help clients and stakeholders achieve the best outcome through managing local ethics, labour practices, sustainability in their wider environment, risk communication, and engagement activities with their stakeholders. Increasingly, having a social license to operate is an essential part of operating within the EU&R (Energy, Utilities and Resources) space.

Energy transformation is a reality. Huge growth in electricity demand, aging and poorly maintained systems, smarter and cheaper renewable technologies, the changing role of a customer – are elements that drive new company and country supply strategies. PwC assists the LNG industry to navigate these challenges and to effectively secure supply and meet energy demands globally.

PwC assists the LNG industry to implement robust measurement and reporting systems for carbon emissions, accompanied by appropriate carbon management strategies to help manage the exposure to carbon risk. We work together with management, employees, suppliers and industry peers to find innovative solutions. 

Upstream oil and gas operations is one of the most prominent industries, on a global scale. More and more upstream operations are reaching the decommissioning phase and these unique assets will require an integrated set of solutions to navigate the financial, operational, technical and regulatory complexities involved in these large capital projects. PwC helps LNG clients to address these aspects, for themselves and the environment, whilst adhering to regulatory compliance.

PwC enables the LNG payers to promote themselves as trusted brands through establishing transparent and responsive tax reporting and practices. This means ensuring that their corporate reporting is effective, both in transparency and accountability.