The Gastech 2018 conference will see an extended ministerial and global business leader dialogue session and strategic panel session, that will highlight the global outlook and shape the energy landscape for decades to come. The enhanced technical conference programme, featuring over 50 sessions, will discuss and debate in detail the complete value chain from exploration and production through to distribution, highlighting new technologies and industry developments.
The Gastech 2018 exhibition is expected to be the biggest edition yet, with more exhibitors, visitors and exhibition features than ever before. With dedicated networking spaces, pavilions and industry zones, the show floor has been designed to provide your company with a high-traffic platform to showcase your latest products, services and technologies.
We look forward to welcoming you all to Gastech 2018 in Barcelona, Spain.
Pioneers of efficient, high value, modular infrastructures for the global energy and natural resources sectors, AG&P is now building the landmark LNG receiving terminal in South Sulawesi, Indonesia.
To gain exclusive insights into the project and discover the key challenges within the Indonesian gas market, Gastech Insights spoke to Chief Financial Officer and Commercial Head of AG&P, Abhilesh Gupta.
If all things go according to plan for the sponsors of the Fortuna project in Equatorial Guinea, three floating liquefaction (FLNG) projects will manage to complete their fundraising this year. Fortuna would join Eni-led Coral South in Mozambique and Exmar’s Caribbean FLNG.
Looking at the funding for these three projects and the three other FLNG projects that completed their funding prior to 2017 shows funding diversity is already emerging in this nascent sector:
Successful exploration and development of shale gas in the United States and Canada suggest a new solution to the energy crisis in developing countries like Pakistan. Pakistan has more than 827,365 sq.km sedimentary basin area (611,307 sq. km onshore and 216,058 sq.km offshore) with thick sequences of shale formations, acting as a source rock with proven petroleum system.
Apart from the oil and gas resources found in conventional reservoirs, a large amount of gas is trapped within the unconventional reservoirs include:
The geographic location of Mozambique LNG, the country's first LNG park, provides flexibility to pursue various customers; particularly the growing Asian market.
Speaking at the Gas Asia Summit, Anadarko's General Manager Rajnish Goswami spoke to Gastech Insights about Mozambique LNG's long-term plans and shared what he thinks about current gas pricing.
With the significant growth of North America as an LNG exporter, investors in the North American LNG industry need to find buyers for LNG – at the same time, power demand continues to grow in emerging markets and, post-COP21, gas-fired power generation is perceived as a relatively low-carbon option for providing flexible generation.
The CEDIGAZ report "Medium and Long Term Natural Gas Outlook 2017", looks at the developing role of natural gas as a key transition fuel towards an increasingly renewable-based, efficient and sustainable energy system.
Download the report highlighting the growing role of natural gas.
A new white paper produced by researchers at the Sustainable GAS Institute (SGI) at Imperial College reviews evidence on low-pressure gas networks, which is the part of the infrastructure that supplies homes and businesses with natural gas. The researchers investigate switching this network to other gasses such as biomethane and hydrogen, which can be produced with reduced C0₂ emissions. Here are the report’s key findings:
The 5th instalment of the Gastalk webinar series saw presenter Susan Sakmar, Author and visiting Law Professor at the University of Houston Law Centre and leading analyst Stephen O’Rourke, Research Director for Gas Supply – Global Gas Team for Wood Mackenzie discuss the main gas and LNG stories of the month. If you missed out, we have selected some highlights below.
In our latest Global Gas Market Outlook, we predict that natural gas will represent 23%—up from 22% in 2016—of the global energy mix by 2030. We also expect total natural gas demand to grow 1.4% p.a. from ~3,500 bcm in 2016 to ~4,300 bcm in 2030.
LNG markets are rapidly evolving, accelerated by a sustained period of oversupply. A wave of new supply and supply options are combining with uncontracted volumes to drive prices down and in a price-driven market, cost competitiveness is key. Asset operators and investors need to take steps across their portfolio to ensure full cost competitiveness.
The key trends are impressing the need to focus on cost competitiveness given increasing buyer price sensitivity and pressure on seller margins:
Each country has its own regulations which define the process required to receive approval to construct LNG facilities. Some countries have very well defined processes whereas others have limited, if any, definition to their processes. Even the countries that do have very well defined processes and regulations on how to receive a permit may have very limited guidance documents which assist developers or owners to transition from permitting to execution phases.
For global LNG projects, it is essential that costs are controlled to be profitable at current LNG prices to compete against coal and renewables. KPMG has provided Gastech Insights with an informative infographic displaying the 7 key areas which must be carefully considered.
Take a look at the infographic below to see the valuable insights and learn more about what is needed to ensure cost competitiveness:
Over the last 50 years, LNG has become a feasible and technically proven way of transferring natural gas from production locations to consumers, with this development being driven by economies of scale and substantial advances in technology. The competitive dynamics in today’s LNG market require projects to be capable of producing low cost LNG and to reduce the construction schedules and the investment costs through innovative technologies.