Malaysia: Qatargas CEO Chairs Keynote Session at WGC 2012

Qatargas CEO Chairs Keynote Session at WGC 2012

Khalid Bin Khalifa Al-Thani, Qatargas Chief Executive Officer has chaired a keynote address session at the World Gas Conference 2012 being held from 4 – 8 June in Kuala Lumpur, Malaysia.

Two papers were presented during the session held on 6th June.  The central theme for the keynote sessions and panel discussions on 6th June was ‘Securing Gas Supply’.  The sessions during the day addressed several key issues related to the political, technical and commercial aspects of positioning gas as a fuel for the future.

The first paper, “New Supply Perspectives for Gas Markets in Asia” was presented by R Priyono, Chairman of Executive Agency for Upstream Oil & Gas Business Activities, BPMIGAS.  The paper discussed the rising gas demand in Asia, the impact of the macro economy and the development of resources and reserves.

This was followed by another paper titled “New Sources & New Markets for Gas”, by Eldar Sætre, Executive Vice President Marketing, Processing & Renewable Energy, Statoil ASA.  The main focus of the paper was the growth of gas in the Asian market and the benefits of gas with strong efficiency performance, flexibility and lower CO2 emissions.

Summarising the papers at the end of the session, Khalid Bin Khalifa Al-Thani, the Qatargas CEO said:
“Asia continues to be a major consumer of energy and will no doubt continue to be a major market in our natural gas business and one of Qatargas’ main customer markets.  The energy demand continues with our mature Asian markets as well as the emerging Asian markets requiring additional energy to support their growing populations and improved life styles.  Asian nations who once were the main energy exporters are now becoming importers.

The traditional energy markets of power generation and gas utilities are now being joined by marine and land transport industries.  This will be a new challenge for our industry.  The potential for additional demand requirements to satisfy these new markets will task our industry to seek for new supply as well as potentially to prioritise markets.”  

Over the course of the conference, Qatargas will present several papers as well as participate in panel discussions and poster sessions.

As the largest LNG producing company in the world, for Qatargas attending the 2012 WGC is a key platform to share its success story, in the realisation of its vision to deliver LNG safely and reliably to customers in all four corners of the world. Today Qatargas significantly adds to global energy diversity.

LNG World News Staff, June 07, 2012; Image: Qatargas