Abstract
The demand for liquefied natural gas (LNG) as an energy commodity is increasing, although its respective supply chain is subjected to risks, uncertainties, and disturbances. An analysis of experiences from the global LNG supply chain highlights many of these risks. As such, there is an incumbent need to develop resilient LNG supply chains. In this study, the risks associated with the LNG supply chain are categorized into four dimensions: Political and regulatory, safety and security, environmental effects, and reliability of new technologies. A SWOT method is then implemented to identify strengths, weaknesses, opportunities, and threats within the LNG supply chain, where the LNG supply chain of Qatar is considered as a case study. Relevant strategies are then recommended using a SWOT matrix to maximize strengths and opportunities, while avoiding or minimizing weaknesses and threats within the LNG supply chain. Finally, major parameters to be considered to develop a resilient LNG management model are listed based on the level of priority from LNG producer and receiver perspectives. Thus, as part of creating a robust LNG supply chain, decision-makers and stakeholders are urged to use the learnings from the SWOT analysis and experiences from LNG supply chain management.
Highlights
Academic Editors: MichaelNatural gas is an energy source that offers higher environmental benefits compared to other fossil fuels
To further elaborate on the above, this study addresses the strength, weaknesses, opportunities, and threats of the Qatari liquefied natural gas (LNG) supply chain and draw strategies to obtain a resilient LNG supply chain
Major accidents that could occur within the LNG supply chain are described, followed by mentioned experiences of LNG supply chain from around the globe
Summary
Natural gas is an energy source that offers higher environmental benefits compared to other fossil fuels. The demand from the international market is the main driver influencing the production volume of liquefied natural gas (LNG). In this regard, the LNG production capacity of the state of Qatar, one of the largest producers of LNG, will increase from 77 million tons per year (MTA) to. 110 MTA by 2025, with a customer portfolio spanning across the globe [2] This expansion is based on certain assumptions related to the further globalization of the LNG market, the rationale of which are as follows: (i) oil market balance maintains high energy prices;
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