«Problems of economics and management of oil and gas complex»

Implementation of digital solutions in the LNG industry: obstacles and points of growth

UDC: 338.28
DOI: 10.33285/1999-6942-2022-4(208)-17-23

Authors:

¹ National University of Oil and Gas "Gubkin University", Moscow, Russian Federation

Keywords: fuel and energy complex (TEC) transformation, digitalization, liquefied natural gas (LNG), artificial intelligence, big data, blockchain, smart contracts

Annotation:

Within the framework of the fourth energy transition, there occurs transformation of both the global fuel-energy system and individual energy industries. Digitalization, being one of the main transformation factors, is penetrating all areas of the fuel and energy complex (FEC) – from the oil and gas sector to the segment of renewable energy sources. In light of the intensifying inter-fuel competition, the rapidly growing LNG industry should also not stay on the sidelines and take advantages of the benefits of digital solutions implementation along the entire value chain in time.

Bibliography:

1. Digitalization and Energy: outlook by International Energy Agency. – 2017. – URL: https://www.iea.org/reports/digitalisation-and-energy (data obrashcheniya 19.02.2021).
2. LNG Market Trends and Their Implications: study by International Energy Agency. – 2019. – URL: https://www.iea.org/reports/lng-market-trends-and-their-implications (data obrashcheniya 23.02.2021).
3. Energy Technology Perspectives 2017: outlook by International Energy Agency. – URL: https://www.iea.org/data-and-statistics/data-product/energy-technology-perspectives-2017-2 (data obrashcheniya 03.03.2021).
4. Dagnall C. Bringing LNG Into The Digital Age // LNG Industry. – 2018. – No. 12. – P. 43–45.
5. Guccione D., Russell M. Tipping the Scale in LNG Plant Design: Considerations for Train Size, Driver Selection, and Adopting Digitalization // Abu Dhabi Int. Petroleum Exhibition & Conf., Nov. 12–15, Abu Dhabi, UAE. – 2018. – DOI: 10.2118/193321-MS
6. Russell M., Bailie B. How APM in LNG Operations Can Lower TCO and Boost ROI // Hydrocarbon Processing. – 2018. – July. – P. 63–65. – URL: https://assets.siemens-energy.com/siemens/assets/api/uuid:8b54f6df-10eb-4bd3-9da4-b2987bb92ac6/article-reprint-lng-digitalization-hp.pdf
7. Byfield R. Smart Midstream Integration for CSG to LNG // SPE/AAPG/SEG Asia Pacific Unconventional Resources Technology Conf., Brisbane, Australia, Nov. 18-19. – 2019. – DOI: 10.15530/ap-urtec-2019-198272
8. Kadry H. Blockchain Applications in Midstream Oil and Gas Industry // Int. Petroleum Technology Conf., Dhahran, Saudi Arabia, Jan. 13–15. – 2020. – DOI: 10.2523/IPTC-19937-Abstract
9. O’Dell A. Blockchain holds the answer to transition challenges. – URL: http://www.pemedianetwork.com/transition-economist/articles/decarbonisation/2021/blockchain-holds-the-answer-to-transition-challenges (data obrashcheniya 27.02.2021).
10. Pshenichnyy V.M., Fedorova V.A. Modeli vnedreniya tekhnologii blokcheyn v industrii SPG // Aktual'nye problemy razvitiya neftegazovogo kompleksa Rossii: sb. tr. XIII vseros. nauch.-tekhn. konf. – M.: Izd. tsentr RGU nefti i gaza (NIU) im. I.M. Gubkina, 2020. – S. 192–201.