Gasconc 2021 High-end Natural Gas Seminar Was Successfully Concluded

InJuly 2021, the Gasconc 2021 High-end Natural Gas Seminar featuring "Internationalization,Diversification, Financialization", which was organized by CEthinktank andGas Tank, was grandly held in Inter Continental Hangzhou in Hangzhou City, ZhejiangProvince under the technical support of China Waterborne Transport ResearchInstitute. The sponsors of the seminar include Glencore, Shanghai InternationalEnergy Exchange, Platts, Shanxi Zhongye Interconnected Energy Co., Ltd,Zhangjiagang CIMC Sanctum Cryogenic Equipment Co., Ltd. and YuedaYaha.

Morethan 300 elites and decision makers from internationally renowned energyenterprises, research institutions and government departments participated in theseminar. Representatives from various business departments of China's three oilgiants, Tier-II and Tier-III import enterprises, large gas companies, tradingenterprises and provincial pipeline network companies gathered in the beautifulHangzhou City to explore the development path of natural gas industry!

Focusing on five themes, the seminar discussed a large number of hot topics in thenatural gas market under the market-oriented reform, such as the opening andpractice of LNG terminals, the development trend of natural gas market aftermeeting peak carbon emissions target, the supply and demand and price forecastof natural gas in winter 2021, the new development direction of city gascompanies in the process of marketization, the commercial operation mode andtrading model of gas storage reservoirs, collaborative optimization ofinternational LNG trade, the procurement strategy mode of combining short- andmedium- term physical LNG cargoes and hedging, the application of China's LNG priceindex, the prospect of gas-fueled vehicles in the process of achieving carbonpeak and carbon neutralization, innovative development of LNG-powered ships andprospects for second transfer of LNG,competition and cooperation relationship between LNG and PNG, etc.

The keynote speakers came from Zhejiang Provincial Energy Bureau, Anhui ProvincialEnergy Bureau, Jiangsu Provincial Energy Bureau and other governmentorganizations, the business and import organizations of China's three oilgiants (PetroChina, Sinopec and CNOOC), gas companies such as Towngas Group andChina Suntien Green Energy Co., Ltd., Clean Energy Vehicle& Ship Branch of China Communications and Transportation of Association (CEVSBranch of CCTA), China Waterborne Transport Research Institute, and other thinktanks in the industry.