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.

1,000+

engagements

across all industry sectors and capabilities

100+

dedicated practitioners

4

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.

Related Insights

A balancing act: Securing European gas and power markets
– The invasion of Ukraine has shocked the European energy market. Europe may need to intensify efforts to reduce gas demand to balance the market and ensure security of supply while avoiding price spikes.

How North American natural gas could alleviate the global energy crisis
– North America has the potential to provide affordable natural gas that could address energy security and help decarbonization—here’s what it will take to do so.

2022 LNG Buyer Survey: Adapting to an uncertain future
– Our recent survey illustrates how the liquefied natural gas market has shifted in response to concerns about supply security and environmental sustainability.

How we help clients

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