RUSSIA’S BIG HITTERS LOOKING TO DRIVE GAS SALES IN EMERGING SOUTH EAST ASIAN MARKETS
Thursday 1 October 2015, Singapore – Gazprom’s Deputy Chairman, Alexander Medvedev, and Chief Executive of Gazprom Export, Elena Burmistrova, will seek to promote the competitive value of Russian gas to the key emerging energy markets of South East Asia, when they speak at Gastech Conference being held in Singapore from 27 to 30 October 2015.
The Russian state gas company heavyweights will be joined by other senior Russian executives (including Frederic Barnaud, Gazprom’s Executive Director for Oil, LNG and Shipping), who are keen to build dialogue with new markets after recent turbulence between Russia’s traditional customers in Europe has forced the gas giant to look east where demand growth is forecast to be strongest.
As well as being keen to develop gas and liquefied natural gas (LNG) sales into other Asian markets, Russia’s potentially monumental new gas sales agreement with China would see two pipelines eventually deliver 68 billion cubic metres (bcm) annually to the world’s most populated country. This amounts to around 38% of the entire country’s demand for the fuel based on 2014 figures – but uncertainties about the deal remain and President Vladimir Putin and Minister of Energy, Alexander Novak, will be keen to utilise major global events to ensure Gazprom’s message to customers isn’t lost to potential rival suppliers.
Medvedev and Burmistrova will both deliver highly-anticipated keynote addresses at Gastech – the world’s largest international conference and exhibition representing the natural gas and LNG supply chain – as Gazprom sets out its ambitions to turn around the recent sanctions squeezes and major drop off in hydrocarbon pricing to ramp up Russian plans for increased exports.
Both will join a wealth of international energy leaders also speaking at the conference including Helge Lund, Chief Executive of BG Group; Shigeru Muraki, Executive Adviser at Tokyo Gas Company; Yuji Kakimi, President of JERA (TEPCO-Chubu); Robert Franklin, President of ExxonMobil Gas & Power Marketing; Pierre Breber, Executive Vice President of Chevron Gas & Midstream; William Walker, Governor of the State of Alaska; Jong-Ho Lee, Senior Executive Vice President of KOGAS among some.
Gastech will welcome more than 1,500 international and regional executives and VIPs to its conference, with a further 20,000 visitors expected to visit the international exhibition.
Gastech Conference & Exhibition 2015 is hosted by BG Group. The event is also supported by the Energy Market Authority (EMA) Singapore, International Enterprise (IE) Singapore and the Singapore Exhibition & Convention Bureau (SECB), and will be held in association with the Singapore International Energy Week (SIEW).
For further information or to register visit www.gastechsingapore.com/conference