Whilst LNG-to-Power projects focus on the last third of the LNG value chain, i.e. the supply of LNG to market, the overall LNG value chain comprises an ever-growing number of multiple projects with a variety of sponsors, lenders, governments, contractors and other participants.
With growing numbers of participants, complexity is likely to increase further and a good understanding of the ‘full picture’ of project-on-project risks that are created along the LNG value chain and that will affect LNG-to-Power projects at the end of that chain is paramount.
This is the first of a series of articles which accompanies our webinar series on the subject and will look at the risk matrix for the main components of an LNG-to-Power value chain as well as suitable mitigants, starting with a ‘bigger picture’ approach which will put our later analyses into perspective.
For more information, please contact London Partner Heike Trischmann.
Nick Dingemans, a former partner in our Singapore office, also contributed to this article.