A SPOTLIGHT ON ASIA

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Dear readers, gas industry colleagues, broader industry partners, and consumers of gas, welcome to the first issue of the 2023 Global Voice of Gas

This year will most likely continue to test the resilience of global energy systems and gas markets. Despite a relative reduction in the European gas price levels, compared to the unprecedented highs of last year, the price of gas remains elevated and global supply is extremely tight.

Luckily, mild winter and several other major global drivers of demand, including a downturn in Asian demand, helped the world get through the first winter in this supply-constrained reality. That could make it easier to forget that our tight supply will remain with us at minimum for the next two years, and the energy crisis is anything but over. It is our duty to continue to manage it and to work on developing new supply and bringing it to market as quickly as possible to ease the pressure of price inflation and volatility, which is hurting businesses and slowing economies. This ability will be greatly impacted by policy; from permitting to finance, policy is a major deciding factor impacting supply development. This was also one of several major conclusions of CERAWeek 2023.

The crisis also alerted the world to the fact that without energy security, there can be no energy transition. Many new coal plants were sanctioned, as an insurance policy for security of supply, and this is despite the fact that coal power emits 50% more CO than natural gas.

Emissions from coal went up significantly last year, while the world set another record in total CO2 emissions. Gas generation was reduced because of the crisis, and even though this was another Li Yalan, IGU President

For more information

Exhibition & Sponsorship Inquiries: exhibition@lng2023.org

Call for Abstracts Inquiries: papers@lng2023.org

About Vancouver: www.destinationvancouver.com

About the Host: www.cga.ca

The 20th International Conference and Exhibition on Liquefied Natural Gas (LNG2023), presented by the International Gas Union (IGU), Gas Technology Institute (GTI) and the International Institute of Refrigeration (IIR), is coming to Vancouver, BC, Canada, between the dates of July 10-13 2023. LNG2023 is hosted by the Canadian Gas Association (CGA).

The largest global LNG conference and exhibition will provide a very unique platform for the global LNG industry and key stakeholders to discuss, debate and showcase the latest industry developments and opportunities.

Vancouver is a vibrant, cosmopolitan city surrounded by incredible nature and is an easily accessible destination with direct flights from many corners of the world. The event will be set at the award winning Vancouver Convention Centre, directly on the city’s harbour, within walking distance of numerous hotels, restaurants and local attractions.

The conference programme will present the industry’s leading issues, and the exhibition will host the ultimate industry marketplace.