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Global gas

We help gas companies create distinctive outcomes across the energy value chain and in every region.

Natural gas is one of the world’s largest sources of energy, with a rising share of the global energy mix. The explosive growth in liquefied-natural-gas (LNG) trade and the opening of historic market monopolies has transformed a largely regional business into a global commodity, involving multiple types of players.

To help clients navigate this increasingly complex landscape, McKinsey brings an unparalleled depth of experience from decades of work in the world’s major energy hubs. We have led projects in a variety of topics, including portfolio strategy, regulatory and policy making, commercial excellence, contracting and trading, capital productivity, organization, and digital and advanced analytics.



across all industry sectors and functions


dedicated practitioners


major hubs

London, Houston, Singapore, Amsterdam

Examples of our work

In our work in natural gas, we combine our proven management-consultancy approach with an extensive network of gas experts, a broad range of proprietary sector-specific tools, and deep insight into industry trends and challenges. Our recent projects include the following:

Supporting Client with Market Entry in SE Asia

Helping an integrated utility to enter Southeast Asia by developing detailed LNG-market insights, identifying more than 35 sales leads, and facilitating outreach to 20 opportunities that resulted in eight opportunities to volume and pricing

Gas Contract Arbitration Support

In working with a client—holding a large gas-supply contract that was in price arbitration proceedings with its counterpart—McKinsey developed an independent factual expert report that was used in the arbitration process between the two parties

Featured capabilities

We invest heavily in developing proprietary tools, databases, and methods, including:

  • Global gas model, forecasts supply, demand, infrastructure requirements, and global gas flows using flexible scenarios to allow “what if” analyses.
  • LNG buyers’ survey, explores buyers’ most pressing concerns and needs and covers more than 80 percent of the market.
  • LNG cost curve, provides a bottom-up perspective on liquefaction costs, project feasibility, price structure, and export capacity.
  • Gas arbitration-support model, uses a proven methodology to provide a fact base for contracting and arbitration decisions, including dispute resolution.
  • LNG fleet monitor app, gives clients access to analytics and insight into global LNG fleets, flows, and market dynamics.

Featured experts

Partner, Boston

Dumitru Dediu

Helps leading energy and capital-intensive companies with shaping their strategies and work in M&A, commercialization, negotiations, and transformations (including digital), bringing particular expertise in the gas and broader energy sector.
Senior Partner, Amsterdam

Otto Waterlander

Serves clients in the oil and gas, utilities, and chemicals sectors on issues relating to strategy development, business transformation, mergers and acquisitions, performance improvement, and long-term planning

Related Insights

Setting the bar for global LNG cost competitiveness

– By 2035, unmet LNG demand could reach 100 to 140 MTPA. With more than 100 pre-FID projects totaling over 1,100 MTPA in contention to meet this demand, how can operators improve their competitive position?

Global gas and LNG outlook to 2035

– Expansion in the gas and LNG markets continues, with LNG demand expected to increase 3.6 percent per year to 2035.

How did the European natural gas market evolve in 2018?

– The European gas market has seen several shifts—driven by a milder winter, rising European LNG demand due to attractive prices in Europe compared to Asia, and the increasing importance of Nord Stream.

Reflecting on the 2018 LNG market: 15 key insights

– This past year was significant for the global LNG market, with plenty of twists and turns, winners and losers.

The road to China: An opportunity for Russian gas to play out

– Additional volumes of Russian gas may find their way to China in the next 15 to 30 years. Why? Piped gas from Russia to China is cost competitive against future LNG cargoes.

Are US gas utilities nearing the end of their golden age?

– State-level decarbonization efforts could threaten the business model.

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