The importance of natural gas and liquefied natural gas (LNG) in supporting Asia’s economic growth will be a focus of the inaugural Gas Asia Summit, which will take place in Singapore on 24 and 25 October next week.
Mr S Iswaran, Minister in Prime Minister’s Office and Second Minister for Home Affairs and Trade and Industry, will discuss this in his keynote speech.
He will also share views on the role that Singapore can play within this future energy landscape. The Gas Asia Summit will form an integral part of the Singapore International Energy Week, which is organised by the Energy Market Authority (EMA). It will cover strategic topics, including security of supply and demand of gas and LNG to the region. It will also provide a platform for robust discussions between major gas producers, consumers, investors, governments and contractors throughout the gas infrastructure supply chain.
The Ministry of Trade and Industry stated, “Minister Iswaran will speak at the Gas Asia Summit on how natural gas has played, and will continue to play, an important role in Singapore's energy mix. With the upcoming LNG terminal, Singapore will be well-positioned to capitalise on the latest developments in global gas markets.”
The increasing importance of gas and LNG is apparent throughout Southeast Asia as rapidly expanding regional economies move towards cleaner, greener gas-fired power generation to supply demand for electricity from both industrial and domestic users. Gas has been cited by many as an answer to a more energy-efficient, plentiful and cleaner form of electricity power generation that allows regional economies to continue driving economic growth and improve standards of living, while continuing to reduce national carbon footprints.
The Summit is supported by International Enterprise (IE) Singapore, the government agency that promotes overseas growth of Singapore-based enterprises and international trade. Mr Lim Ban Hoe, Group Director for Transport and Logistics, IE Singapore said, “We see an increasing demand for gas and LNG worldwide. In particular, global LNG imports will be driven by Asia’s growing needs, and the proportion of LNG in global gas trade is expected to increase to 40% by 2020 . This demand will be supported by growing supply from Latin America, Africa and parts of Asia. Singapore oil & gas players should seize opportunities from this development, providing services from upstream exploration and extraction, to liquefaction, shipping, pipelines and storage. The Gas Asia Summit is a good platform for our companies to reach out to potential partners, as well as gain better understanding of the specific technology and skills required by major industry players.”
Major speakers will attend the event, which will take place at the Marina Bay Sands Expo and Convention Centre. These speakers represent various companies, including Cheniere, Total, GDF Suez, BP, Gazprom, Shell, United States Department of Energy, GAIL (India), Tokyo Gas, Petromin, Qatargas, Anadarko, Societe Generale, Wood Mackenzie and Panama Canal Authority.
To learn more about the programme and to enquire about participation, please visit www.gasasiasummit.com Notes to Editor:
About dmg :: events
dmg :: events is a wholly-owned subsidiary of the Daily Mail and General Trust plc (DMGT, www.dmgt.co.uk), one of the largest media companies in the United Kingdom. dmg :: events was founded in 1989 and in 20 years has managed exhibitions, conferences and online platforms for many industries in up to 25 countries.
dmg’s Energy events include Gastech, European Autumn Gas Conference, Global Petroleum Show, GO-Expo Gas and Oil Exposition, World Heavy Oil Congress, Oil Sands Tradeshow and Conference, International Pipeline Exhibition, Atlantic Canada Petroleum Show and the Abu Dhabi International Petroleum Exhibition and Conference (APIDEC).
GAS is a regional extension of the long-running Gastech Conference & Exhibition.
For more information please visit http://www.gasasiasummit.com/
Contact:
Samantha Ling
Marketing Executive
dmg :: events (UK) ltd
+44 (0) 203 615 2850
samanthaling@dmgevents.com
About Singapore International Energy Week (SIEW) The 5th Annual SIEW 2012 is the foremost platform for top policymakers, energy practitioners and commentators to discuss energy issues, strategies and solutions. SIEW brings together the world's leading conferences, roundtables, exhibitions, workshops and networking events from across the energy spectrum of oil & gas, clean and renewable energy, smart grids, carbon abatement and energy trading in one week, in one location. Please visit www.siew.sg for further information.
About the Energy Market Authority
The Energy Market Authority (EMA) is a statutory board under the Ministry of Trade and Industry. Our main goals are to ensure a reliable and secure energy supply, promote effective competition in the energy market and develop a dynamic energy sector in Singapore. Through our work, we seek to forge a progressive energy landscape for sustained growth. Please visit our website at www.ema.gov.sg for more information.
For media queries, please contact:
Ng Tze Yong
WATATAWA Consulting for the Energy Market Authority
T: +65 6592 6980
E: tzeyong@watatawa.asia