Gas turbine cycles generate significant waste heat, and recovering this heat can lead to higher efficiency and valuable by-products. The current study introduces an effective trigeneration setup for power and hydrogen production, along with the gasification of liquid natural gas. This setup includes a gas turbine cycle integrated with a transcritical CO2 power cycle, an organic Rankine cycle, and a proton exchange membrane electrolyzer. The setup's performance is analyzed using energy, exergy, environmental, and economic approaches. The exergy analysis brings out a total exergy destruction rate of 138592 kW, and reveals that the highest irreversibility occurs in the gas turbine cycle, accounting for about 70.6 % of the total exergy destruction. The overall energy and exergy efficiencies of the setup are 46.69 % and 40 %, respectively. The cost of hydrogen production is estimated at about 4.35 $/kg, while the energy production cost is 21.81 $/GJ. From an environmental perspective, the setup's CO2 footprint is about 0.423 kg/kWh, which is 56.18 % lower compared to hydrogen production via coal. The findings of this study underscore the significant potential of integrating advanced cycles and systems for enhancing the efficiency and sustainability of energy production. The proposed trigeneration setup not only improves energy and exergy efficiencies but also offers substantial environmental benefits, aligning with the goals of reducing greenhouse gas emissions and promoting cleaner energy alternatives.