Growing demand for small-mid scale LNG in Asia Pacific
SINGAPORE -- A series of factors and influences have propelled the demand for small- to mid-scale LNG projects in Asia. The upcoming 4th Annual Asia Pacific Small & Mid-Scale LNG (APAC LNG) Forum this May will gather the supply chain’s leading practitioners and specialists to discuss these influences and help shape future developments.
Many of Asia’s emerging markets and remote communities still rely on heavily priced oil. Access to natural gas could provide a viable switch for both transportation fuel as well as power generation. Gas offers a solution for both the maritime and power generation industries—a cheaper and cleaner burning fuel compared to other fossil fuels. As vehicular activity increases across Asia, gas as a marine fuel and transport fuel offers lower operating costs to owners. Smaller scale LNG facilities for power generation are also a more viable option for investment, resources and savings.
These smaller facilities are also an economical way of getting to stranded gas resources—right-sized, scalable solutions where high utilization or ability to compete with expensive liquid fuels can compensate for any loss in economy of scale. Small- and mid-scale LNG infrastructure technology can bridge price gaps and cater to small-volume power markets.
Particularly within countries with large dispersed populations with a lack of gas pipeline interconnections, such as Indonesia and the Philippines, these small- to mid-scale LNG facilities and solutions can help bridge the supply, demand and geographical conditions, as well as the distance between gas supply points to gas demand points.
Indonesia is expected to accelerate its search for financially viable solutions to deal with the projected rise in energy consumption—using small- and mid-scale LNG solutions to provide primary energy in East Indonesia alone has the potential to save the country up to $5.4 billion worth of fuel annually.
Meanwhile the Philippines, a country of over 7,000 islands, the majority of which are sparsely populated, looks to develop small- to mid-scale regasification facilities to meet the demand for power generation, while also offering a cheaper alternative to other fossil fuels.
With a focus on these markets, influences and trends, dmg :: events, the organizers of the 4th annual Asia Pacific Small & Mid-Scale LNG (APAC LNG) Forum have worked in partnership with a panel of market leaders in the small- to mid-scale LNG industry to develop a comprehensive agenda with up-to-date presentations from leading small- to mid-scale industry players in Asia and Europe.
The Advisory Committee members for 2015 are:
- Neil Semple, Principal, The Lantau Group (HK) Limited
- Naoyuki Takezawa, Project Manager, LNG Project, JGC Corporation, Japan
- Karthik Sathyamoorthy, Managing Director, Galway Group
- Theo Lekatompessy, President Director, PT Humpuss Intermoda Transportasi, Indonesia
- Sandeep Mahawar, GM Commercial, Singapore LNG Corporation Pte Ltd
- Klaas Kerssemakers, Commercial Director, Anthony Veder Group N.V.
- James Brown, Regional LNG and Gas Consulting Manager, DNV GL
- Odin Kwon, Vice President, Head of Basic Design Team 1, Daewoo Shipbuilding & Marine Engineering Co., Ltd Korea
- Derek Thomas, Director, Advanced Units - Modular Energy & Project Support Systems, Atlantic Gulf & Pacific Co. of Manila (AG&P)
- Laura L. Saguin, Natural Gas Management Division, Oil Industry Management Bureau, Department of Energy, Philippines
- Patumpu Simamora, Commercial Director, PT Donggi Senoro, Indonesia
While speakers confirmed to address this year’s forum include:
- Nisi Setyobudi, President Director and Commercial Director, PGN LNG, Indonesia
- Methar Thongma, Manager – NGV Business and Product Development Division, PTT Public Company Limited, Thailand
- Raymundo B. Savella, Vice President, Upstream Operations Division, PNOC – Exploration Corporation, Philippines
- John Martin Quirke, Senior Vice President, Technology and Development, Meralco PowerGen Corporation, Philippines
- Tang Tingchuan, Director of Development Strategy, Policy Research Office, China National Petroleum Corporation, China
- Karlman Tham, Business Development Manager, Excelerate Energy, Singapore
- Pieter Wijkstra, Business Developer, Anthony Veder Group N.V, the Netherlands
The forum will take place from 13 to 15 May in Singapore at the Singapore Marriott Hotel. For more information please click here.