Businesses get ready for next phase of LNG operations

CONSTRUCTION phases for the LNG projects are nearing completion, and local companies are preparing themselves for the transition to operations.

Years of investment, growth and labour are coming together, and pertinent information is being offered to Gladstone businesses on the reality of winning maintenance contracts.

Last week, local companies attended a two-day workshop with LNG industry specialists to familiarise their management with the manufacturing process.

The in-depth program examined how service companies would need to adapt to the needs of LNG, developing strategies to implement changes and providing specific opportunities to deliver to the industry.

Gladstone Engineering Alliance projects officer Robeya vander Walt said the workshop was an invaluable tool for companies.

"Delegates will understand the differences between existing client companies, identify specific opportunities within their companies, outline a strategy to match client expectations and needs, engage with LNG operators and acquire cluster knowledge to amass enough resources and competencies to sustain a competitive advantage," she said.

The LNG Strategic Development program is a one-off chance to meet specialists from Evans and Peck and Deloitte who have been in the LNG industry for more than 30 years, including consultant Howard Thomas.

"Some companies make money and continue to grow regardless of market conditions," Mr Thomas said.

"Perhaps it is because they are prepared to follow strong business plans and when necessary reinvent themselves to capitalise on the opportunity, instead of worrying about what they can't control," he said.