Investment in, demand for and distribution of LNG in Asia Pacific will be discussed among leaders of the LNG industry - who represent suppliers, investors and distributors - at the CWC Group’s 6th World LNG Series: Asia Pacific Summit (LNG Asia). The conference takes place in Singapore on 23 -26 September.
Keynote speakers will give an overview of the market along with their perspectives on the outlook for LNG in Asia Pacific. The keynote speakers are:
- Hon. Nixon Philip Duban, MP, Minister for Petroleum and Energy, Papua New Guinea.
- Mr Seah Moon Ming, Executive Director & Group CEO, Pavilion Energy.
- Jérôme Ferrier, Senior Vice President Corporate, Total, and President of the International Gas Union.
PNG LNG cargo to TEPCO
Papua New Guinea (PNG) recently exported its first LNG cargo to the Tokyo Electric Power Company (TEPCO) in Japan. It is estimated that the PNG LNG project will produce more than 9 trillion ft3 of gas over the next 30 years.
In the first keynote session at LNG Asia, the Honourable Nixon Philip Duban, MP, Minister for Petroleum and Energy for PNG, will speak about the project. He brings with him a delegation representing the PNG government and industry, including Decie Autin, the Project Executive for the PNG LNG Project for ExxonMobil. Decie currently oversees the planning, development and execution of all aspects of the PNG LNG Project. Prior to this role she was the upstream project manager responsible for the construction, procurement and engineering portions of the PNG LNG project.
Representing Japan, Ryo Minami, Director of the Petroleum & Natural Gas Division, Ministry of Economy, Trade & Industry, Japan (METI) will also address delegates. He is supported at the event by representatives from Chubu Electric Power Co. Inc., Tokyo Gas Co. Ltd and Mitsui & Co. Ltd.
Conference themes and topics
BP, ExxonMobil, Shell and GDF Suez LNG will discuss the strategic direction of Asia Pacific’s LNG supply chain. They will tackle the key issues underlying Asia Pacific’s supply demand balance to 2020.
Speakers will confer as to the pricing of LNG, spot market trading of LNG, creating a trading hub for LNG in Asia and the risk management that is needed to run cross-commodity exposures. Industry representatives who will lead this discussion are from ConocoPhillips, Citi, Mitsui & Co. Ltd., and BG Singapore Gas Marketing Pte Ltd.
The current status of global LNG supply projects and their likely success in Asia Pacific will also be discussed. Speakers for this session represent Veresen Inc., Wood Mackenzie, Cheniere Energy and Chubu Electric Power Co. Inc.
Developments such as the extension of the Panama Canal, the technical difficulties of bunkering, as well as the impact of how the distribution of Western Shale Gas to Asia will impact the shipping of LNG are also tabled for discussion.
CWC Asia Pacific LNG Innovation Award 2014
The CWC Group is calling for submissions for the CWC Asia Pacific LNG Innovation Award 2014, which will be awarded at this summit. The award recognises a company operating in the Asia Pacific LNG industry that has excelled in the previous 12 months in terms of commercial or technical innovation. The winner must be an active member of the LNG industry in the Asia Pacific region. Please visit the CWC website for detailed information about submission requirements.
The largest buyers of LNG in Asia are represented at the conference, along with investors, distributors and suppliers. Details about the award, speakers, the program or registration can be found here.
The conference is made possible by the Gold and Silver Sponsors – Pavilion Energy, SMBC, Trafigura, Cheniere, Oman LNG, Mozambique LNG and ABS. Bronze sponsors are ExxonMobil, BP, Conono Phillips, Gazprom, Jordan Cove, Galway Group, King & Spalding and GTT.
King & Spalding and the Galway Group will lead two workshops the day prior to the conference (22 September 2014). The first, from 9.30 am -12.30 pm will be on pricing. The session addresses price reviews in LNG contracts led by Merrick White, Partner, King & Spalding (Singapore) LLP and Dan Rogers, Partner, King & Spalding LLP. The second training seminar will take place from 13.30 - 17.30 pm. Entitled, ‘Managing Feedgas supply for LNG export facilities - balancing obligations and risks’, this session will be led by Galway Group.
Adapted from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/29072014/lng-in-asia-pacific-1096/