As the energy industry enters the new “˜golden age of gas’, some of its most powerful decision-makers and accomplished technical experts are gathering to debate what it means for LNG at the upcoming LNG 17 conference.
LNG 17 – which will take place from 12-19 April 2013 at the George R. Brown Convention Center in Houston, Texas, the “˜energy capital’ of the United States – is held under the auspices of the International Gas Union, the Gas Technology Institute (GTI) and the International Institute of Refrigeration, and it is hosted by the American Gas Association.
LNG 17 will play host to 5,000 industry professionals from over 80 countries with speakers from some of the world’s biggest gas companies, including Shell, Gazprom, CNPC, Total, BG Group and ExxonMobil.
According to GTI President and Chief Executive Officer David Carroll, who is also the LNG 17 Steering Committee Chairman, this year’s conference will be the biggest ever.
“LNG 17 will not only be the largest LNG event in 2013 – it will be the largest global gas event in the world this year,”? he says. “Attendees will have the opportunity to visit more than 300 exhibitors demonstrating the most comprehensive spectrum of LNG products services and suppliers ever assembled.”?
The backdrop for the conference is the sustained rise of gas as a global energy source, and within that, the rise of LNG as a viable transportation fuel.
“As a share of the world’s gas supply, LNG is set to rise from 9 per cent to 15 per cent in 2030, growing annually by 4.6 per cent. This is over 2 per cent faster than growth in the overall gas market,”? says Mr Carroll.
The conference takes place as the US drive for unconventional gas starts to reshape decades-old production and trade patterns. According to recently-released research by the US Energy Information Administration, US natural gas production will rise from 23 trillion cubic feet (Tcf) in 2011 to 33 Tcf in 2040 – a 44 per cent increase almost entirely attributable to shale gas production.
“LNG is touted to be one of the fastest growing segments of the world gas market for various reasons. It is flexible enough to be delivered to any destination with an LNG receiving terminal, and it is environmentally friendly,”? adds Mr Carroll.