CEDA LNG Investment, First Gas & Beyond | Opening Remarks
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Transcript of CEDA LNG Investment, First Gas & Beyond | Opening Remarks
Asia Pacific Managing DirectorSteve Porter
opens the CEDA Resources and Energy Series in Queensland
LNG Investment, first gas and beyond
The transition to operations of the
$200bn in capexfor LNG facilities across Australia
Topic of the day
Questions have been raised around the industry’s capacity, capability and competitiveness
to meet the challenge of more than doubling our installed LNG capacity.
We have the opportunity to address the issue of competitiveness
through embracing collaboration between service providers and
asset ownersto unlock synergies that traditional
contracting models will not drive
A top down approach to strategy during the
operations phase of an asset will not be effective unless it is coupled with hands-on real world experience at the
operator level
&The human element of
the equation is addressed through effective change
management including training, development etc
In our view...
...as we move through the cycle from “Build” to “Assuring stable operations” and on to “Optimising the performance”
of these new assets, an approach by the owners and service providers that addresses not only the strategy top-down, but also from the operators on the ground bottom-up, will be critical in creating efficiency and
opportunities for continuous improvement across the supply chain from the well head to the ship…
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