Gas Markets at a Crossroads: Highlights from LNG & Hydrogen Gas Markets Asia
The conference kicked off in the morning on 27 October with Dr Tan See Leng, Second Minister for Trade and Industry, Singapore, outlining that the Energy Market Authority (EMA) will be going ahead with plans to build an offshore LNG terminal after gauging market interest for the project.
The terminal will increase Singapore’s LNG import capacity on the back of growing domestic energy demand. Dr Tan also covered a wide range of topics including Singapore’s role in the LNG and hydrogen markets.
Other highlights from the first day of LNG & Hydrogen Gas Markets Asia include:
- A presentation by Agnieszka Ason from Oxford Institute of Energy Studies on how LNG market disruptions caused by COVID-19 are expected to result in some permanent changes in the structure of sale and purchase agreements between buyers and sellers, to account for similar eventualities in the future.
- Latest insights from Japan’s trade ministry, BP, Cheniere, S&P Global Platts and Tokyo Gas on the winter LNG demand outlook and low crude oil prices making LNG term contracts competitive.
- A derivatives trading panel featuring senior representatives from Intercontinental Exchange, ENGIE, GFI Group, Simpson Spence Young, Tullett Prebon and S&P Global Platts, discussed the importance of LNG derivatives in enabling the execution of risk management and trading strategies.
Today, discussions at LNG & Hydrogen Gas Markets Asia will put the spotlight on new hydrogen developments. Don’t miss it!
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