Bloomberg New Energy Finance (BNEF) provides unique analysis, tools and data for decision makers driving change in the energy system. To support this mission, the Capstone team provided research into the global liquid natural gas (LNG) industry, helping to develop a holistic view and analysis of the current market conditions, supply-demand dynamics, and near- and long-term implications of the changing LNG environment.

To execute project deliverables, the Capstone team were divided into two teams – an import team and an export team. The import team analyzed Brazil, one of the world’s largest energy consumers and an influential LNG importer, and the export teams focused on Qatar, the largest LNG exporter in the world. Teams examined their countries using both quantitative and qualitative methods, considering the different power sources, policy and regulatory structure, and specific LNG contracts and infrastructure in each country. Research included reviews of news articles, published reports, government data, and subject matter expert analysis. This phase of the project culminated in written reports on each country and a presentation delivered to the BNEF client.

Following this submission, the team began phase two of the project, researching eight small or emerging LNG market participants. The export team focused on Malaysia, Trinidad, Peru, and Nigeria, and the import team researched Egypt, Spain, Pakistan, and Singapore. Each student was assigned one country and analyzed its current LNG position and 10-year future outlook. The team produced comprehensive reports profiling each country’s LNG market position and delivered a final presentation to the BNEF client.