Five key takeaways from our Gastech 2025 Leadership Roundtables

Gastech is always a standout in the energy calendar. Wood Mackenzie was proud to be the official Knowledge Partner for Gastech 2025 in Milan, at which Industry stakeholders were clear that gas is essential to increasingly connected international energy markets.  

We chaired and moderated a series of high-level Leadership Roundtables at the event exploring key industry themes. Fill out the form at the top of the page to download a series of output reports from the roundtable discussions, or read on for a selection of key findings from the events. 

1. The geopolitics of energy is reshaping supply, investment and markets at pace.

With energy security remaining a policy priority for governments, gas demand globally continues to rise. Rapid electrification and new demand drivers are boosting investment in supply, particularly in the US but also elsewhere. However, delivering energy security, affordability and sustainability requires huge amounts of private capital. To help unlock this, governments are working to derisk energy supply and infrastructure investment by improving and stabilising regulations. 

2. Gas has an enduring role to play in the energy mix.

Complex geopolitical challenges are emphasising the importance of gas as a reliable and flexible energy source. As a result, gas is increasingly viewed as a destination fuel, rather than in its previously perceived role as a transition fuel. However, more must be done to address methane emissions if gas is to fulfil this role in the long term, while affordability remains a key barrier to growth. 

3. The road to developing and diversifying global LNG supply is likely to be a bumpy one.

Delivering the large wave of new LNG supply projects under construction will be challenging, with success by no means a foregone conclusion given the complex, China-centric supply chains involved. The additional supply will undoubtedly disrupt global market pricing, with implications for both buyers and sellers. Overall, a bumpy ride looks inevitable. At the same time, while greater geographic diversity of LNG supply is desirable, it is unlikely the US and Qatar’s dominance will be challenged any time soon.  

4. The integration of natural gas, LNG, and downstream chemical production is emerging as a pivotal driver of both near-term energy security and long-term industrial competitiveness. 

Beyond fuel supply, gas has a growing role as a strategic feedstock for high-value chemicals and specialty products. Its use in this context enables industrial clusters, advances manufacturing capabilities and supports diversified economic growth. At the same time, market forces are driving infrastructure investment towards the development of more adaptive and future-proofed energy systems, a transformation further accelerated by the exponential growth of AI and the rise of emerging economies. 

5. Critical questions remain concerning the path to a scalable hydrogen market. 

The hydrogen economy is moving forwards from pilot projects to commercial reality. However, key questions still need to be answered in relation to consumer needs and the midstream infrastructure needed to unlock market formation at scale. To ensure success, suppliers must navigate the complex interplay between technology, carbon-intensity requirements, affordability and bankability to align more effectively with offtaker needs. 

Don’t forget to fill out the form at the top of the page to gain access to the full collection of Leadership Roundtable reports, each of which contains a full summary of key findings and outcomes from the discussion in question.