Reimagining business models to capture value in a transformed global energy scenario

As the global energy system transforms beyond recognition, the dovetailing of regulatory pressures with changing workforce and consumer expectations mean that organisations must adopt an agenda of profound and managed change to secure their futures in the new order. What are industry leaders doing to navigate and prepare for the forthcoming unchartered operating environment? 

Hydrogen - unlocking the offtakers and market signals needed to secure demand

With a potential to reduce cumulative CO2 emissions by 6% by 2050, hydrogen is mission critical for achieving net zero and eradicating scope 3 emissions. As a global leader in hydrogen production, Australia’s emergence as a green energy hub for APAC is driving the establishment of hydrogen supply chains both across Asia and Europe. How can the region cooperate on gas and hydrogen supply and infrastructure and to what degree will the realisation of the hydrogen economy support a just and equitable transition for all of ASEAN? What can be done to accelerate the roll out of hydrogen projects to keep pace with decarbonisation targets? In established gas markets, how is infrastructure development preparing for hydrogen at scale? 

Energy security and affordability – cooperation and collaboration

Never before have governments faced such unrelenting pressure to prioritise all three elements of the energy trilemma simultaneously. What are the trade-offs governments should consider when seeking to secure affordable, secure and low carbon energy? In the new ‘polycrisis’, collaboration is king. How can cross- and intra-sector partnerships help overcome new and unfamiliar challenges and are there models from other sectors that may serve as blueprint? What is needed to ensure the continued role of natural gas as a catalyst to decarbonisation in ASEAN amidst resurgent European LNG demand and how can parties facilitate fair access to energy in a high energy price environment to avoid rollback on energy access?  

China and its impact on global LNG and low-carbon hydrogen

With Mandarin-English Translation 

• With coal demand and emissions rising, how big could China’s gas demand rebound become?  
• How China is redefining LNG contracting – and does China become a global LNG player? 
• What dose China really want from LNG and hydrogen suppliers? 
• How China energy transition/gas market is impacting the rest of the world 
• What does China mean for the future of Russian gas? 

The LNG supply/demand conundrum – achieving alignment on market fundamentals

The insatiable appetite for LNG volumes and the associated high prices that characterised 2022 has transformed supply and demand dynamics across the global LNG business. China’s willingness to engage in long term contracts has redefined contracting models across the sector. Is this a future model for Asia or has market volatility impacted on emerging buyers’ willingness to bank on LNG as a vital component of their governments’ decarbonisation strategies in the medium term? Furthermore, with coal consumption on the rise, what is the extent of China’s gas demand rebound? In Europe, import capacity is set to increase by 40 bcm by the end of 2023. However, with governments under continued pressure to decarbonise at pace, what is the anticipated timeline for the displacement of natural gas for lower carbon fuels in Europe? How are supply projects currently under development responding to the changing consumer needs?  

Defining a cohesive industry response to eradicating methane and carbon emissions across operations. How can the gas and LNG industry most effectively decarbonise?

• Moves to encourage greater transparency in carbon and methane reporting 
• Constructing a standardised reporting framework for new energies 
• Development of carbon markets/prices in Asia/ASEAN 
• Asia’s carbon storage hub and investment opportunity for Asian companies  

Financing the transition: How are capital flows to innovations in climate technologies shifting in the wake of the global energy crisis?

Forecast to cost an average of USD9.2trn per annum between 2021 and 2050, the question of who will pay for the energy transition and how remains a critical point of discussion between governments, NGOs, private sector and consumers. As we begin to see major legislation in the US and Europe move the needle on climate focussed technologies, how are capital flows changing? If all solutions are needed to deliver a fair and equitable transition, what does this mean for investors when determining funding priorities?  

Global policy: how are governments shaping the outlook for gas and LNG?

• Policy impacts on the outlook for the US, Qatar, Australia and other large exporters 
• How are the key consumers beyond Asia - in Europe, Latin America, etc - planning for future demand?  
• How will all of this be affected by the shifts in global climate policy at and around COP28?  
• How will sanctions against Russia affect its future exports?  

The role of authentic leadership in engaging and co-opting a new generation of talent

The revolution in workplace attitudes witnessed over recent years was further accelerated by remote working during the Pandemic and subsequently the Great Resignation. As the energy sector battles for the talent so desperately needed to deliver the transition, it faces fierce competition from sectors, Big Tech in particular, who have long been regarded as the vanguards of the millennial workplace. Recent years has seen the sector seek to embrace the changes demanded by the new generation of talent with greater emphasis on inclusion and equity, innovation and authenticity from sector leadership. What more can leaders do to align business objectives with the principles-driven value structure that inspire the workforce of today? What do the industry leadership need to ‘unlearn’ to capture the imagination of the next generation of talent and how can the energy sector better communicate its role as a force for positive progress in the journey to decarbonisation?  

Decarbonising, shipping, transport and infrastructure

The significant reduction of emissions by the world’s domestic and commercial transportation sectors will be essential if the goals of the Paris Agreement are to be met. All sectors will need to decouple from a reliance on often high-emission fuels (particularly shipping) and seek low carbon energy solutions, new technologies, efficiencies and value chains to overcome this.
Energy producers have a key role to play in working with transportation sectors to deliver alternatives including hydrogen, batteries, ammonia, LNG, e-fuels and biofuels. And global policymakers must consider how to efficiently and effectively accelerate the development of new transportation fuels to enable the development of demand across all sectors.

Can LNG trading redefine the global gas market?

Globally traded LNG is expected to pass the 500 bcm mark in 2023 signifying a major step forward towards liquidity. As prices have eased, markets have witnessed renewed interest from buyers in Asia for spot transactions. How are contract terms changing in the current shipping tightness? How are buyers taking advantage of cross-basin arbitration opportunities? What are the options for optimising regasification infrastructure usage in Asia? As Europe’s FSRU capacity frees up, how can emerging buyers in ASEAN and South Asia mobilise the value chain to secure volumes?