NEWS
Asian forum to discuss LNG industry security
Singapore, Aug 11 (LNG journal)
- The Asia Pacific Economic Cooperation forum of regional government said its energy group would be discussing the security of liquefied natural gas supply at a meeting next month in Australia.
The APGAS Forum, to be held in Perth , Western Australia on September 1-2 also aims to come up with policies for gas consumers and the environment, said a statement from the APEC energy group.
However, one of the main topics to be discussed by the governments and companies attending will be the issue of security of energy supplies.
"The forum will provide an opportunity for government and business to exchange a range of views on enhancing the market potential of LNG and other gas trade in the Asia-Pacific," said John Ryan, head of the working group.
"Regional trade in gas and in particular LNG has increased substantially in recent years and for good reason," Mr. Ryan said.
"With increased demand on energy markets and higher prices for traditional energy sources, LNG offers supply solutions that bring with them a more environmentally friendly approach to meeting energy consumption needs," the statement said.
The forum will also provide an opportunity for "a meeting of minds" on the trading of gas and LNG, the role of gas in regional energy security, and the policies needed to allow growth in the regional gas market, the group said.
