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U.S. LNG: Bridging Energy Demand with Robust Project Management and Technical Excellence

This white paper by DNV asserts the vital importance of liquefied natural gas (LNG) in bolstering global energy security and advancing decarbonization efforts. A significant 60% increase in LNG demand by 2040 is anticipated, underscoring the necessity for strategic project management. The paper unequivocally calls for substantial investment in Front-End Engineering Design (FEED) studies to effectively manage multi-million dollar risks, prevent cost overruns, and guarantee safety and reliability. It emphasizes that careful selection of technology, modularization, efficient labor management, and the integration of digital tools are non-negotiable for success. Furthermore, the paper strongly advocates for independent third-party reviews as essential safeguards to ensure financial and operational integrity in complex LNG projects across the United States.

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