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Wood Mackenzie Launches Lens Gas & LNG

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Wood Mackenzie has launched Lens Gas & LNG, a new data analytics solution for the natural gas and LNG sector. This tool integrates global market and asset analysis, enhancing operational planning and strategic management. According to Andrew Pearson, its Global Head, it supports various functions including M&A and trading. The solution addresses recent industry shifts by providing integrated market forecasting and modelling workflows. This innovation aims to help energy market participants navigate complexities in supply, demand, and pricing.

Positive
  • Launch of Lens Gas & LNG enhances data analytics capabilities for the natural gas and LNG sector.
  • Integration of market forecasts and modelling workflows with existing asset optimization tools.
  • Supports strategic planning and operational efficiency for energy market participants.
Negative
  • None.

Ground-breaking market forecast and modelling capability for the natural gas and LNG sector

LONDON/HOUSTON/SINGAPORE, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, has launched Lens Gas & LNG, a new data analytics solution that offers a uniquely integrated view that connects markets and assets on a global scale.

As the newest addition to Wood Mackenzie’s Lens data analytics platform, Lens Gas & LNG offers a single tool to explore all gas & LNG data, analysis and modelling capabilities. This seamless Lens experience brings Wood Mackenzie’s renowned expertise, analyses and modelling insights together to enable faster, more accurate operational and strategic planning, and portfolio management.

“Lens Gas & LNG is a must-have solution for any energy market participant,” said Andrew Pearson, Global Head of Gas & LNG at Wood Mackenzie. “It is built to support customers with strategic planning, valuations, M&A, business operations, strategic sourcing and trading.”

With integrated user workflows, the Lens platform helps quantify risk and identify opportunities through understanding market dynamics and their impact on investments. Users can rapidly develop alternative, bespoke market outlooks that leverage Wood Mackenzie’s vast expertise in creating industry-standard models to produce detailed analysis.

“The gas & LNG industry has undergone significant changes over the last few years, from new innovations spurred by the energy transition to major global events impacting supply, demand, trade flows and prices. To help navigate these complexities, Lens Gas & LNG brings markets forecast and modelling workflows to its current asset optimisation capabilities to provide a uniquely integrated view of gas & LNG markets and assets.”

ENDS


EDITOR’S NOTES
About Wood Mackenzie Lens®:
Wood Mackenzie’s Lens® platform is the industry standard in critical decision-support, harnessing the power of digital technology to provide answers to complex questions across the natural resources value chain, enabling customers to manage their capital, operations, and processes swiftly and efficiently. https://www.woodmac.com/wood-mackenzie-lens-power/

About Wood Mackenzie:
Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world's natural resources sector. We empower clients to make better strategic decisions, providing objective analysis and advice on assets, companies and markets. For more information, visit: www.woodmac.com or follow us on Twitter @WoodMackenzie.

WOOD MACKENZIE is a trademark of Wood Mackenzie Limited and is the subject of trademark registrations and/or applications in the European Community, the USA and other countries around the world.

About Verisk:
Verisk (Nasdaq: VRSK) provides data-driven analytic insights and solutions for the insurance and energy industries. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk empowers customers to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud, and make informed decisions about global issues including climate change and extreme events as well as political and ESG topics. With offices in more than 30 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.


FAQ

What is the recently launched solution by Wood Mackenzie for the LNG sector?

Wood Mackenzie launched Lens Gas & LNG, a data analytics solution focused on the natural gas and LNG sector.

How does Lens Gas & LNG benefit energy market participants?

It provides integrated market forecasts and modelling, supporting strategic planning, M&A, and trading.

When was Lens Gas & LNG launched?

Lens Gas & LNG was launched on November 14, 2022.

What company is behind the Lens Gas & LNG solution?

Lens Gas & LNG is launched by Wood Mackenzie, a part of Verisk.

What features does Lens Gas & LNG offer?

It offers integrated analysis, risk quantification, and bespoke market outlook development.

Verisk Analytics, Inc.

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