PAVING THE WAY FOR STRATEGIC PLANNING, DEVELOPMENT AND GROWTH FOR ASIA’S GAS INDUSTRY
SINGAPORE, THURSDAY 20 NOVEMBER 2014: The 3rd annual Gas Asia Summit (GAS), which took place last month from 28 to 30), is paving the way for strategic planning, development and growth across the natural gas and liquefied natural gas (LNG) supply chain within the Asia Pacific region.
Organised by dmg :: events, the Summit was hugely successful and provided over 250 top gas and LNG players in the industry a platform to discuss the commercial, technical and economic drivers of the Asian gas market. October as part of the Singapore International Energy Week (SIEW), is paving the way for strategic planning, development and growth across the natural gas and liquefied natural gas (LNG) supply chain within the Asia Pacific region.
“I very much enjoyed attending the Gas Asia Summit and meeting many other participants”, commented Bernard Samuels, Vice President Commercial for Sakhalin Energy Investment Company Ltd. Chen Weidong, Chief Energy Researcher for CNOOC Energy Economics Institute (Office for Policy Research) also said, “I thank dmg :: events for the successful Summit”.
The Summit delivered a solid agenda with leading industry practitioners and policy-makers providing insights into current and future supply & demand trends, new markets, the energy mix in Asia, gas/LNG for power, innovation and technology and the development of Asia as an LNG trading hub.
Developments within the small to mid-scale LNG sector to support the wider agenda were also a recurring theme. Earlier in the SIEW at the Singapore Energy Summit, Tang Kin Fei, Group President and CEO for Sembcorp Industries highlighted that Singapore could become an LNG hub for smaller niche markets through smaller scale LNG for countries currently using more expensive fuels, while Senior Executive Officer and Member of the Board, Head (Commercial & Industrial Energy Business Unit) for Osaka Gas, Yasuo Ryoki noted that LNG bunker trade could be more manageable than cargo trades to realise Singapore’s ambitions to become a trading hub.
Within the GAS conference, Sriram Narayanan, Vice President (Commercial) for Singapore LNG Corporation Pte Ltd highlighted the flexibility and scalability of the Singapore LNG Terminal including its capacity to expand and support small scale LNG reloading via a tertiary jetty. Many others also highlighted regional infrastructure and applications for smaller scale LNG including Antonius Aris, Vice President Strategic Management for PT Perusahaan Gas Negara Tbk (PGN), who touched on LNG breakbulking and a “mini LNG” approach for scattered gas demand across Indonesia’s archipelago, and Sushil Purohit, Regional Director, Power Plants for Wärtsilä Corporation, who suggested using small-scale LNG distribution gas as an intermediate and peaking fuel for small-scale power plants.
To support further growth and development for the industry, dmg :: events is organising 2 events in Singapore next year, namely the 4th annual Asia Pacific Small and Mid-Scale LNG (APAC LNG) Forum (13 to 15 May 2015) and the 28th Edition of the Gastech Conference & Exhibition (27 to 30 October 2015).
APAC LNG is an annual Forum gathering 120 regional and international participants and key decision makers from countries such as Singapore, Philippines, Indonesia, Netherlands, Thailand, Australia, France, USA, China, Germany, Malaysia, Japan, South Korea and Finland, to discuss critical issues transforming the stranded gas markets through small & mid-scale LNG. While Gastech is dmg :: events’ flagship natural gas and LNG event and is Asia’s largest industry event gathering 21,479 international commercial and technical decision makers from across the natural gas supply chain.
Preparation for the APAC LNG Forum commenced on the side-lines of the Summit; an advisory committee meeting to build the agenda was held on Friday 31 October and included participation from Singapore LNG Corporation, JGC Corporation, DNVGL, Daewoo Shipbuilding & Marine Engineering, PT Humpuss Intermoda Transportasi, Anthony Veder and Lantau Group.
The Forum’s agenda will be built around the theme “Fuelling ahead with small-mid LNG, an economical solution” and will address key trends, market drivers, challenges and opportunities, LNG vs other gas monetization options for smaller gas reserves, regulations and policies, onshore and offshore transportation solutions, small LNG power plants as well as LNG producers accessing small markets and vice versa in Asia Pacific and the international arena.
For further information about the APAC LNG Forum visit www.apaclng.com.