Getting to grips with the Asian LNG market

A doorway to Asia

Singapore International Energy Week (SIEW) has been running since 2008. It aims to promote the exchange of ideas and discussions on pertinent energy-related issues. It’s an annual platform for energy professionals, policymakers and commentators to discuss and share best practices and solutions within the global energy space. It offers opportunities for networking and deal making to energy companies and provides a platform for showcasing innovative products and solutions

Singapore International Energy Week panel

A deeper understanding of the Asian LNG market

SIEW was a fantastic opportunity to hear from other delegates and learn the latest insights into the market. The conference also offered the chance to network and compare notes with energy companies and fellow delegates. This allowed us to showcase Wood Mackenzie’s research, analysis and insights.

Insights that make a difference

I really enjoyed the experience of attending SIEW 2016. I had the enviable position of chairing the GAS-Commercial Stream meeting. We saw very strong interest on the country-focussed sessions on South Korea, China and Indonesia. For each of these sessions the room was packed and people were actively participating in the knowledge share. We offer further insights in our publications on the LNG demand outlook for China and South Korea, and future opportunities in Indonesia as one of the key emerging LNG markets.

There was also some interest on the small-scale LNG projects and LNG bunkering too. These are some of the new growth areas that the industry players are looking towards and hoping for amid the soft demand in the traditional markets and segments.

A new insight into the Asian market

I enjoyed meeting new people and networking with people from across the industry. There were several amazing moments, including the opening session. It was addressed by Singapore’s Minister for Trade and Industry, Mr S Iswaran. He discussed the range of ways they’re developing Singapore as an LNG hub. We have released several insights on this development and it was great to see our contribution in plotting the future of the industry.

 

Edi is a senior analyst in Wood Mackenzie’s Singapore office, where he leads the Indonesia gas and power research. He also covers the gas & power analysis for the ASEAN region, and supports the analysis of the global gas and LNG service. He joined Wood Mackenzie in 2009. Prior to joining Wood Mackenzie, Edi had spent five years working with Chevron in project engineering and contract management roles. He had also worked with ExxonMobil as a commercial coordinator for the gas and power marketing team, and with Accenture as a lead consultant, delivering consulting projects for the resource & mining sector. Edi holds a Bachelor degree in Electrical Engineering (Gadjah Mada University), Master of Business Administration (Monash University) and Professional Certificate in Energy (Stanford University).

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