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Leaders in the LNG Industry met at the World LNG Series: Asia Pacific Summit

The 4th World LNG Series: Asia Pacific Summit was held on 10-13 September 2012 at the Shangri-La Hotel in Singapore, hosted by The CWC Group.

Sept. 25, 2012 - PRLog -- The Summit, recognised by the industry as the most important meeting for LNG buyers and sellers in Asia Pacific, brought together some 300 attendees from over 30 countries in Asia Pacific, North America, Latin America & the Caribbean, Europe, the Middle East and Africa. Delegates heard from over 50 speakers representing the major players in the LNG industry from across the globe and received essential updates on their business.

Martin Lambert, Senior Vice President, NWS Australia LNG stated, “the conference continues to attract a good cross-section of representatives relevant to the LNG industry in the region.”Major topics in the global and regional LNG market were discussed, including: the impact of unconventional gas on the LNG industry; the outlook of traditional and emerging LNG markets; LNG as a road and marine transportation fuel; new supply projects in North America and East Africa; and changes in the LNG shipping market.

This year also saw the First CWC LNG Asia Pacific Innovation Award Gala Dinner at the world-famous Raffles Hotel. This year’s winner was Cheniere, the first company in the US to contract long-term SPAs with Asian buyers based on Henry Hub gas price.
Through their commercial innovation, US LNG exports could have a major impact on LNG pricing and liquidity in Asia.

Charif Souki, CEO of Cheniere Energy, said: “Cheniere is honoured to be recognised by the industry for the CWC LNG Asia Pacific Innovation Award. The last year has been very exciting for our company, including the successful marketing, financing and recent start of construction for our Sabine Pass liquefaction project. We are pleased to have entered into export agreements with Sabine Pass, and we look forward to expanding our relationships in the Asia Pacific region on new projects in the future.”

The World LNG Series: Asia Pacific Summit will be returning to Singapore from 23-26 September 2013 for the fifth year. For more information visit www.cwcwlng.com/asiapacific.

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