LNG trading is the next big thing in energy markets. In South East Asia, a whole new ecosystem comprising LNG traders, service companies and the supporting physical infrastructure is taking shape. The 2nd EMART Asia, taking place during Singapore International Energy Week next week, from 23 – 24 October, will be the anchor energy trading forum, focusing on LNG Energy trading in Asia which is set to continue its tremendous growth, both in the physical and financial markets.
“Countries such as Singapore, Malaysia, Indonesia and Vietnam are already building LNG terminals to receive LNG imports,” said Marcus Magee, General Manager of EMART Asia, “By 2015, Southeast Asia is expected to have 10 LNG terminals with a total capacity of 34 billion cubic metres. There is fierce competition between the countries as to who will dominate the LNG trading business.”
“We are very pleased to have Kasper Walet, the CEO of Maycroft, on board this year,” adds Magee, “Mr. Walet will be hosting our comprehensive Asian LNG Trading Workshop.
“Mr. Walet has 25 years of experience and extensive knowledge on a practical and theoretical level about all the aspects related to trading, derivatives and risk management in the energy commodity industry.”
Speakers Include:
Issues covered include:
EMART Asia is a regional conference that focuses exclusively on LNG procurement – from spot trading and hedging to long term contracts and the development of an Asian based LNG trading infrastructure including its own price indexes, trading hubs, storage infrastructure and related derivative products. The event profiles the activities of LNG traders in Asia, and particularly in Singapore, as the LNG industry develops a new procurement model reflective of new supply and demand fundamentals. Although still far from being a commodity, LNG is undoubtedly emerging as an essential vector for world gas expansion.
[mappress] LNG World News Staff, October 19, 2012