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LNG Business and Competitive Environment
By
John David Sitorus
Executive Summary :
• LNG demand and cost projection follows the cyclic trend with future tendency going up for all regions.
• Power sector triggers more the increasing demand of gas/LNG compared to other major consumers like industrial, residential, commercial and transportation sector
• Increasing LNG import activities in all regions compared to gas distribution through pipe line is observed recently due to insufficient domestic gas reserves and traditional suppliers to fulfill the soaring demand of energy, security gas supply, and diversification of supply to anticipate higher gas price, and easier access to market.
• The main issues faced by current LNG business can be seen in several factors, namely politic, economic, and social, technology and environment. PESTE analysis help identify the issues in each factor and result of this analysis can be seen in the detail report.
• Understanding the LNG business environment as the result of PESTE analysis will enable company or organization to stay focus to compete with the real competitor.
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• Further research and evaluation from some valuable source is required to have a better picture and understanding of business and competitive environment of LNG business. This research and evaluation is to be done continuously in anticipation of movement, development or change of the environment which can affect the company or organization strategic plan.
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