As both economies and populations grow worldwide, demand for energy continues to increase. In order to strengthen their energy security, many countries turn to diversification of their energy mix. However, as environmental concerns grow, the impact the energy sources chosen have on global emissions is also a key concern.
Across Europe and Asia, many pose the question: What role will natural gas play in the future energy mix in relation to coal, oil, natural gas, renewables and nuclear? In the recent years, natural gas has slowly started increasing its share in the energy mix in many countries. It has become a favoured fossil fuel choice over coal and oil due to its lower carbon emissions and also higher fuel efficiency. But at what price point does natural gas become a less attractive option?
These concerns will be addressed at the third annual Gas Asia Summit (GAS) to be held in Singapore during October 29-31. Mr. Varro will join Dr. Anthony Barker, General Manager for BG Singapore Gas Marketing, and Ken Koyama, Managing Director and Chief Economist, Charge of Strategy Research Unit for the Institute of Energy Economics, Japan (IEEJ), to discuss whether gas is displacing coal in the energy mix, the drive towards cleaner fuels, and the role nuclear power will play in the coming decade.
The agenda for this year’s Summit has been developed around the theme “Multilateral Cooperation to Connect Gas Markets”.
GAS will be held as part of the annual Singapore International Energy Week (SIEW) organised by the Energy Market Authority (EMA) of Singapore. Over 250 international and regional VIPs and C-level executives attend the Summit each year.
GAS is supported by Silver Sponsors Herbert Smith Freehills and Cheniere Energy, as well as industry associations such as GEP APAC, the International Project Finance Association (IPFA), Association of Process Industry (ASPRI), and the Institute for the Analysis of Global Security (IAGS).