Press release -

Leaders Meet in Singapore to Discuss LNG Trading

SINGAPORE – 18 September 2013 – Singapore, the country which is emerging as Asia’s LNG trading hub[1], will host industry decision makers at the 5th World LNG Series: Asia Pacific Summit (LNG Asia) next week to discuss the changing demand for LNG in Asia Pacific. Over 250 government and commercial leaders from countries as diverse as Australia, China, France, India, Japan, Mozambique, Singapore, UK and USA, will lead discussions about what needs to happen to create a gas trading hub in Asia, as well as discuss the LNG supply outlook.

Speakers from Singapore at the conference include Moon Ming Seah, Group Chief Executive Officer of Pavilion Energy Pte Ltd and Neil McGregor, Chief Executive Officer of Singapore LNG Corporation Pte Ltd.

Pavilion Energy, a company set up in April 2013 by Temasek Holdings[2], has an initial authorized capital of $1 billion to participate and invest in various parts of the LNG value chain; to tap growing demand in Asia and focus on liquefied natural gas. Pavilion Energy is a Gold sponsor of LNG Asia.

Singapore LNG Corporation (SLNG) operates the first liquid natural gas (LNG) terminal in Asia at Jurong, capable of importing and re-exporting LNG from multiple suppliers. Jurong Rock Caverns[3], a $950 million underground storage facility for crude oil, condensates, naphtha and gas-oil that lies 130 meters beneath the Banyan Basin, commenced operations in May this year.

“LNG Asia is the right partner for Singapore to build partner relationships with international oil and gas companies”, says Pat Roberts, Associate Director of CWC Group for their gas portfolio. “This conference is timely, driven by the fact that we have unprecedented participation from a wide range of speakers and delegates who are coming together to discuss what it will take to drive sustainable growth in the industry. If you want to shape the future of LNG in Asia, it is important to be a part of the discussions that will take place next week.”

Registrations close soon. Visit http://asiapacific.cwclng.com to register. Media are welcome to attend.


[1] Reference: http://thediplomat.com/2013/09/17/singapore-emerges-as-lng-trading-hub/

[2] Reference: http://www.theedgesingapore.com/the-daily-edge/business/43349-temasek-sets-up-pavilion-energy-with-initial-1b-capital.html

[3] Reference: http://travel.cnn.com/singapore/life/jurong-rock-caverns-billion-dollar-hole-ground-381834

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Topics

  • Energy issues

Categories

  • world lng series: asia pacific summit
  • lng asia
  • pat roberts
  • cwc group
  • singapore
  • pavilion energy
  • singapore lng corporation
  • slng
  • moon ming seah
  • neil mcgregor

About the World LNG Series: Asia Pacific Summit 
The summit is organized by The CWC Group, twice winner of the Queen’s Award for Enterprise. CWC has a 15-year track-record in delivering energy events and training globally, focused on Oil & Gas Exploration & Production, LNG, GTL, Shale Gas, Local Content, O&G Logistics & Technology, Infrastructure and Water Management. 
The company has organized over 600 events in the past 15 years, to which they attribute their unparalleled wealth and depth of experience. CWC is the acknowledged market leader for events and training in the oil and gas industry. With representative offices and agents in Europe, Asia Pacific, Africa, Middle East and the Americas, CWC is supported by a team of 140 employees based at their headquarters in London, England.

Contacts

Sheree Tan

Press contact Associate +65 8313 9472

Hakim Ishak

Press contact Client Executive +65 8949 3040

Windy Oktaviani

Press contact Associate +62 811 910 9266

Ramilyn Laysa

Press contact Senior Associate +63 998 992 4925

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