Compare your LNG performance to your industry peers on the basis of size, feedstock, age, and region.
Designed to help participants better understand the activities and trends of today’s gas processing industry, Solomon’s Worldwide Liquefied Natural Gas (LNG) Processing Plant Performance Analysis (LNG Study) informs you on the status of your plant in all key performance areas, providing valuable information for performance improvement efforts. Our competitive performance assessment methodology for analyzing like-kind, field-level asset performance provides an actionable management tool to identify potential cost savings.
The LNG Study also allows you to compare your plant’s operations and maintenance costs with other plants on a common basis. Typical industry comparisons do not consider the complexity of operations, leading to unreliable benchmarks. By normalizing performance using Solomon’s EDC® metric, the LNG Study provides valid comparisons to other plants with varying facility configurations.
Study results can be used to formulate optimization plans to eliminate shortfalls, establish performance targets, and measure progress using our trusted metrics. Solomon is also available to guide you in identifying focus areas for improvement and closing gaps with peers.
Our database contains performance
metrics data for
Performance Metrics Analyzed
The LNG Study analyzes:
- Process unit types and capacities
- Utilizations and availabilities
- Maintenance labor, equipment, and materials
- Non-maintenance personnel, including contractors and allocated staff
- Other non-personnel expenses
- Energy consumption and costs
- Energy efficiency to determine whether joint-venture partners are operating effectively
Learn How You Can Participate
Obtain a clear picture of your competitive position with data-driven, actionable insight. Make informed decisions and justify your strategies and improvement projects.
"If you always do what you always did, you will always get what you always got." ALBERT EINSTEIN
Data Quality, Benchmarking Methodology
A Foundation for Effective Comparative Performance Analysis and Decision Support
We prioritize the integrity and confidentiality of participant-submitted data and rigorously review that data before benchmarking begins. Then, we employ our normalization process and benchmarking methodology to provide valuable and trusted peer group comparisons that deliver meaningful KPIs. Finally, our staff of senior consultants apply their deep industry experience to develop practical insight and recommendations to enable your success.