During the LNG Markets panel at the 2020 ADI Forum, Lisa Leland, Senior Vice President, Gas Supply, Annova LNG, and Scott Chrisman, Former Chief Commercial Officer, Sempra LNG, shared insights, moderated by Uday Turaga, CEO, ADI Analytics, on construction challenges in LNG projects and effective preparation strategies. They highlighted that construction delays significantly impacted costs and returns, and discussed how a modular build approach could minimize delays despite potentially higher labor costs, emphasizing the importance of realistic budgeting. The speakers also addressed the industry’s shortage of experienced engineering, procurement, and construction contractors and the labor challenges that could arise in unfamiliar regions, underscoring that proactive planning, strategic execution, and understanding local labor dynamics were crucial for project success.
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