Digitization: A transformative approach to production and efficiency Roberto Arenas Lara, PhD Head, Data and Information Services Department 2 nd GECF International Gas Seminar | Malabo, Equatorial Guinea November 2019 Tornado Tower, 47th, 48th Floor. West Bay, Doha, Qatar. www.gecf.org
Content 2 • Digitization vs Digitalization • Disruptive Technologies in Natural Gas • Cost reductions and boost efficiencies • Research & Development in GECF Member Countries • Digitization in emerging markets • Energy Cyber-Security Landscape • Digital advancements in LNG value chain • Emerging technologies in final energy consuming sectors • Final Remarks Digitization: A transformative approach to production and efficiency | Roberto Arenas Lara, PhD 2 nd GECF International Gas Seminar | Malabo , Equatorial Guinea November, 2019
Digitization vs Digitalization 3 “ Digitization is the process of changing from analog to digital form, “ Digitalization is the use of digital also known as digital enablement. technologies to change a business Said another way, digitization takes model and provide new revenue and an analog process and changes it to value-producing opportunities; it is the a digital form without any different-in- process of moving to a digital business”. kind changes to the process itself”. Digital Natural Gas Business. It is here. Source: Digitization: A transformative approach to production and efficiency | Roberto Arenas Lara, PhD 2 nd GECF International Gas Seminar | Malabo , Equatorial Guinea November, 2019
Disruptive technologies in Natural Gas 4 Disruptive Technologies are happening. Today. Source: Clairvoyant, Towards Data Science, Crypto ID, Team Arin Digitization: A transformative approach to production and efficiency | Roberto Arenas Lara, PhD 2 nd GECF International Gas Seminar | Malabo , Equatorial Guinea November, 2019
Cost reductions and boost efficiencies 5 Developments are in progress. Opportunities at hand. Source: GEA Digitization: A transformative approach to production and efficiency | Roberto Arenas Lara, PhD 2 nd GECF International Gas Seminar | Malabo , Equatorial Guinea November, 2019
Research & Development in GECF Member Countries 6 GRI GECF Gas Research Institute. Algeria. Digitization: A transformative approach to production and efficiency | Roberto Arenas Lara, PhD 2 nd GECF International Gas Seminar | Malabo , Equatorial Guinea November, 2019
Digitization in emerging markets 7 New technologies make simple the mechanisms of exchange. A Shortcut. Source: LG CNS Digitization: A transformative approach to production and efficiency | Roberto Arenas Lara, PhD 2 nd GECF International Gas Seminar | Malabo , Equatorial Guinea November, 2019
Energy Cyber-Security Landscape 8 Regulation must be in place. International discussion needed. Source: GAO Analysis of Transportation Security Administration Information Digitization: A transformative approach to production and efficiency | Roberto Arenas Lara, PhD 2 nd GECF International Gas Seminar | Malabo , Equatorial Guinea November, 2019
Digital advancements in LNG value chain 9 Environmentally Friendly. Higher Efficiency. Source: Chart Industries Digitization: A transformative approach to production and efficiency | Roberto Arenas Lara, PhD 2 nd GECF International Gas Seminar | Malabo , Equatorial Guinea November, 2019
Emerging technologies in final energy consuming sectors 10 Information and Communication Technologies. Enabler. Source: Techtarget Digitization: A transformative approach to production and efficiency | Roberto Arenas Lara, PhD 2 nd GECF International Gas Seminar | Malabo , Equatorial Guinea November, 2019
Final Remarks 11 • Digital Natural Gas Business is here. • Disruptive Technologies are happening today. • GECF GRI: Member Countries instrument for R&D. • New technologies make simple the mechanisms of exchange. • Regulation must be in place. International discussion needed. • LNG Developments: Environmentally Friendly. Higher Efficiency • Information and Communication Technologies: Enabler. Digitization: A transformative approach to production and efficiency | Roberto Arenas Lara, PhD 2 nd GECF International Gas Seminar | Malabo , Equatorial Guinea November, 2019
Gracias! Digitization: A transformative approach to production and efficiency Roberto Arenas Lara, PhD Head, Data and Information Services Department 2 nd GECF International Gas Seminar | Malabo, Equatorial Guinea November 2019 Tornado Tower, 47th, 48th Floor. West Bay, Doha, Qatar. www.gecf.org
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