LNG strategies in focus at World Energy Congress

Saturday, 10 November 2007

The Congress takes place every three years and is promoted by the World Energy Council founded in 1924 to foster economic development and the sustainable use of energy supplies.

Energy ministers from the main LNG producing countries such as Qatar’s Abdulla bin Hamad Al-Attiyah and Algeria’s Chakib Khelil will speak at ministerial forums with counterparts from consuming nations such as US Energy Secretary Samuel W. Bodman and European Union Energy Commissioner Andris Piebalgs.

In speeches to the Congress, executives will address areas of concern such as energy security and breakthrough technologies that will help improve energy development over the next 20 years.

Alexander Medvedev, Deputy Chairman of Russian natural gas company Gazprom, plans a presentation on: “How can Russian gas be reliable and affordable in both the West and the East?”

A special LNG discussion session is being hosted by PricewaterhouseCoopers, the auditing and business consulting firm, with the chosen theme being LNG business models.

The speakers include Jean-Luc Colonna Vice President LNG, Gaz de France, Jacqueline Redmond, Global LNG Portfolio and Strategy Manager, Royal Dutch Shell, and   Andrew Walker, Head of LNG Strategy at the UK’s BG Group.

A series of discussion groups will address issues such as investment in energy infrastructure and the issue of raising finance to cover development costs through to 2030, Asia’s growing fuel needs and alternative energies.

Other issues on the agenda include competition in the European energy market, nuclear policies, investment in renewable sources, and climate fears.