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OFFICIALLY HOSTED BY

15-17 May 2024
Queen Sirikit National Convention Center
Bangkok, Thailand
15-17 May 2024, QSNCC, Bangkok

OFFICIALLY HOSTED BY

CO-LOCATED WITH

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Wednesday 15 May 2024

Thursday 16 May 2024

10:00 13:00

Opening Ceremony – FEA | FLA

13:00 13:15

Chair’s Opening Remarks

Pat Roberts

Managing Director

LNG Worldwide Ltd

13:15 13:30

Opening Address

13:30 14:30

Session 1: Outlook – The LNG & Gas Global Outlook Medium Term to 2030 and Beyond to 2040

This keynote session will explore the medium-term prospects for liquefied natural gas (LNG) and gas markets, extending through 2040. It will analyse the evolving demand landscape in the Asia Pacific region, considering net-zero pathways. Key questions include whether LNG can address the trilemma of energy security, affordability, and decarbonisation. It will also explore price levels for LNG affordability, latent demand, and changes from key regional buyers pursuing Net Zero goals. On the supply side, it discusses new capacity, the attractiveness of USLNG, non-US projects, carbon footprint certification, and the impact of decarbonisation efforts on LNG project development.

  • Demand Environment: Overview of changes in the Asia Pacific region – interpreting the various net-zero pathways and the outlook for gas and LNG in the next 15 years. Can LNG quickly resolve the trilemma of guaranteeing energy security, affordability, and its own decarbonisation to become attractive and adopted throughout the region?
  • Affordability: At what approximate price levels do we see LNG being affordable and sustainable to Asian Buyers? How much “latent” demand does it unleash? Do we see evidence of this demand in Asian markets already in 2024 as prices fall?
  • Supply Environment to 2030: The attractiveness of USLNG in Asian markets: What’s changing? Impact of the DoE pause in permitting – Will it have a material impact for Asian markets? Can other non-US projects take the lead in the next 12-18 months?
  • Decarbonisation: What impact is the need to decarbonise having on the develop and costs of LNG projects (including methane leakage reduction, carbon capture technology and carbon offsets)?

 

Moderator

Pat Roberts

Managing Director

LNG – Worldwide Ltd (Conference Chair)
Speakers

Andrew Walker

VP Strategy

Cheniere Marketing Ltd.

Fabian Kor

Executive Vice President, Asia Pacific

SEFE

Mehdi Chennoufi

Head of Global LNG Origination & Market Development

Shell Energy

14:30 15:30

Session 2: Procurement – Evolution of Flexibility in Asia-Pacific’s LNG Procurement

The outlook for LNG trading growth in Asia remains positive, with spot trading gaining prominence. However, buyers are adjusting their strategies to cope with uncertain demand outlooks, incorporating more flexibility into their LNG portfolios. This includes diversifying supply sources, adjusting contract terms, and optimising storage and regasification capacities. The attractiveness of USLNG in Asian markets is evolving, and buyers are exploring its potential benefits. Suppliers recognise the value of flexibility and are adjusting contract terms, offering diverse pricing structures, and accommodating changes in delivery schedules.

  • Buyers: How are buyers adapting to uncertain demand outlooks in their businesses and building more flexibility into their portfolios? What are the most effective risk management techniques for volatile LNG markets?
  • Contracting: What contracting changes are we seeing (moves to long term: medium term, divertible LNG, USLNG, short term and spot)?
  • Portfolio Aggregators: The role and importance of the Global portfolio aggregator in the region to provide the flexibility buyers want. Are buyers willing to buy more LNG FOB and manage their own portfolios?
  • Trading: What is the outlook for LNG trading growth generally in Asia? Has 2022 changed attitudes towards spot trading throughout the region?

Speakers

Dulyapun (Den) Buranawit

Vice President - Strategic Planning & Business Development

PTT Global LNG

Delphi Sun

Assistant President & Head of Global LNG

ENN Natural Gas Co., Ltd.

Ralf Dickgreber

Head of Global LNG & Biomass

ENGIE

15:30 16:30

Session 3: Shipping – LNG Shipping Availability, Decarbonisation & Supply Chain Disruption

Asian LNG demand is continuing to increase, supported by strong economic growth and recent LNG price declines, leading to a strong order book up to 2030. However, shipping faces ongoing disruption to key trade routes, with transit disruption through the Panama Canal and Suez Canal, and is continuing to adapt to IMO regulations and future-proofing vessel designs. This session will also address future opportunities for shipping, exploring its role in carbon capture and storage, and as a key driver for unlocking new energy supply chains.

  • Trade Flow Disruption: What impact will the transiting restrictions through the Panama Canal and Suez Canal have in setting trading patterns and freighting patterns for the future? What is the outlook for the LNG order book to 2030?
  • Phasing out of Steam Ships: What are the most likely options and how will they impact the overall availability of capacity.
  • Regulations: Longer term outlook, adapting to IMO regulations, future proofing designs – what impact do these factors have on rates? Are they simply passed through to charterers?

Moderator

Michelle Ma

Senior LNG Broker & Partner

Affinity LNG Pte. Ltd.
Speaker

Felix Booth

Head of LNG

Vortexa

Hazrin Hasan

VP Gas Assets & Solutions

MISC Berhad

Alvin Wang

Head of Shipping & Operations

ENN

16:30

Close of Summit Day One

10:00 10:15

Chair's Opening Remarks

Summit Chair:

Pat Roberts

Managing Director

LNG Worldwide Ltd

10:15 10:30

Keynote Address

10:30 11:30

Session 4: Regional LNG – Key Markets Driving Asia Pacific’s LNG Demand Growth

Pricing levels play a crucial role in stimulating long-term demand in Asia. In North Asian markets, balancing LNG with decarbonisation objectives is challenging, and managing expiring contracts amid uncertain demand is crucial, leading to some discussion on long-term contracts. In South & Southeast Asian markets, high LNG prices impact new entrants and existing projects, encouraging the optimisation of infrastructure, and bolstering firm LNG supply. For the Indian Sub-Continent markets, price sensitivity is a challenge, and appetite for investing in US projects or committing to HH-indexed LNG is being assessed. The question remains whether high prices defer or destroy LNG demand.

  • North Asian markets: Key challenges in balancing LNG with decarbonisation objectives. How much appetite is there for new long-term contracts?
  • South & Southeast Asian Markets: What impact has high prices had on new entrants and their existing projects and their planned gas to power projects? Does difficulty in securing LNG cost competitively defer LNG demand or destroy it?
  • Indian Sub-Continent Markets: Specific challenges for price sensitive markets. What is the appetite to invest in US projects or commit to long term HH indexed LNG?

Moderator

Marty Sinthavanarong

Head of International Business

Gulf Energy
Speakers

Mizlan Masri

EVP, Commercial

Diamond Gas International

Yaoyu Zhang

Global Head of LNG & New Energies

PetroChina International

Imam Mul Akhyar

Global Head, Gas & LNG Supply

PT PGN

11:30 12:30

Session 5: Country Spotlights – Thailand and China

These two dynamic markets are shaping the future of LNG in Asia. In Thailand, LNG development is gaining momentum due to lower prices, and it is playing a crucial role in driving economic recovery. However, the country faces challenges balancing energy security and with Net Zero commitments. In China, imports are recovering from a slump in 2022, with January imports jumping nearly 30% year-on-year, and LNG helping to drive its green transition, and shape future demand globally.

  • Gas Strategy: What role will natural gas play in each market.
  • Energy Mix: China’s changing energy mix vs Thailand’s substitution of domestic gas for LNG.
  • Energy Transition: What efforts are being made in each market to mitigate emissions from LNG.

Moderator

Abhishek Rohatgi

Head of APAC Gas & Global LNG Research

BloombergNEF
Speaker

Christophe Malet

SVP

Hanas New Energy Group

12:30 13:30

Session 6: FSRUs vs Land Based Terminals – How Will the Industry Bring Growth Markets Online?

FSRU’s enable rapid and cost-effective LNG import capacity growth, offering flexibility and adaptability. However, bringing them online requires addressing technical, regulatory, and infrastructure challenges. Small-scale LNG distribution and bunkering are potential growth areas, and FSRU’s play a pivotal role in expanding these markets, especially in Asia. The strategic deployment of both FSRU’s and land-based terminals is essential for meeting diverse LNG demand and fostering industrial growth throughout the region.

  • Outlook: What is the regional overview of the projects under construction and those planned to 2030 for both FSRUs and land-based terminals?
  • International Projects: What has been the impact of European FSRU demand in deploying FSRU’s in Asia Pacific? Can China and India sustain the recent growth in new terminals?
  • Technical: What are the challenges to bringing FSRU’s online? Identifying potential growth areas, including small-scale LNG distribution, and bunkering

13:30 14:30

Session 7: CCUS – Unlocking Commercial Opportunities with the New Carbon Economy

CCUS solutions represent a significant opportunity for the Asia-Pacific region, helping to decarbonise hard to abate sectors, create new valued-added applications – such as synthetic fuels and materials – and unlock new commercial value chains. However, establishing new CCUS projects requires significant investment, government support, and a new policy framework for the region. Collaboration among different industry, government, and regulators is crucial for accelerating the adoption of CCUS solutions and highlighting its role in achieving net-zero goals.

  • Economic: What are the economic and technical considerations for implementing carbon capture projects in the region? How can captured carbon dioxide be effectively utilised in value-added applications, such as synthetic fuels or materials?
  • Viability of New Projects: What are the economic and policy barriers to large-scale deployment of carbon capture? What are the potential sites for safe carbon storage in the Asia-Pacific, and what regulatory frameworks are needed?
  • Decarbonisation: How can captured carbon dioxide be effectively utilised in hard to abate industrial processes? How can different industries collaborate to accelerate the adoption of carbon capture solutions?

Speakers

Julien Perez

Managing Director

Oil and Gas Climate Initiative (OGCI)

Christopher Goncalves

Chair and Managing Director, Energy & Climate.

Berkeley Research Group

Alice Zhang

CCS Commercial Manager - Asia

Shell

14:30 15:30

Session 8: Transition – The Role of LNG in Asia-Pacific’s Energy Transition

Buyers in Asia are increasingly interested in LNG with low greenhouse gas (GHG) emissions. Delivering GHG-neutral LNG, as demonstrated by Shell’s recent delivery to Taiwan, is a step toward addressing emissions concerns. While companies focus on Scope 1 and 2 emissions (from operations and bought fuel), they also grapple with pressure to address Scope 3 emissions (from products). Changing regulations and evolving clean energy expectations add complexity to adopting new decarbonisation technologies. However, innovative technologies and strategic planning will drive its evolution, with LNG’s resilience and adaptability contributing significantly to Asia-Pacific’s sustainable energy future.

  • Technology: Innovative technologies shaping decarbonised LNG including MRV, carbon neutral LNG, CCS, and low or zero-emission fuels.
  • Awareness: Are we as an industry making LNG relatable to governments and the public that LNG can contribute very significantly to reducing emissions in Asia’s energy sector for the medium to long term?
  • Emission Reduction: Reviewing the challenges and opportunities to reduce Scope 1 and 2 emissions structurally in LNG infrastructure by 2030. What’s needed to make policy frameworks encourage the sustainable use of LNG?

Speaker

Yosuke Sato

VP, Corporate Planning

Japan Organization for Metals and Energy Security (JOGMEC)

15:30 16:30

Session 9: Finance – Financing Asia Pacific’s Energy Transition

Rapid growth in energy demand across Asia is seeing LNG become the fuel of choice, driven by expanding populations, rising standards of living, and sprawling urbanisation. With LNG production and transportation at an all-time high, Asia is seeing new opportunities for both land-based import terminals as well as floating storage and regasification facilities. However, critical barriers to LNG value chain financing are likely to constrain demand growth in South and Southeast Asian markets, as cost inflation, demand fluctuations, and delays in approving new developments impact long-term investment in the industry.

  • Lending: How are lenders responding to the uncertainties in LNG demand and deployment of funds between different fuels?
  • Policy: What efforts do host governments need to make to promote investment in LNG infrastructure and promote LNG as a new demand centre?
  • Accelerating Deployment: What are the key hurdles currently associated to the development of energy projects in Asia Pacific?

Speakers

Tomoyuki Miyaguchi

Chief Representative – Thailand

Japan Bank for International Cooperation (JBIC)

Omar Sekkat

SVP – Energy Finance

DNB Bank

16:30

Chair's Closing Remarks

Wednesday 15 May 2024

Thursday 16 May 2024

*Timings and sessions correct at time of publishing, subject to change.