Registration & Welcome Coffee

Masterclass A: What are the Long-Term Prospects for LNG?

What are the Long-Term Prospects for LNG?

• The global LNG market in 2023 and 2024
• What can we expect for LNG supply, demand, and prices in 2024?
• FIDs on new liquefaction capacity in 2024 and outlook for 2025
• Forecast LNG supply and demand 2024 to 2040
• What will LNG’s role be in the path to net-zero?
• Will price pressures ease as new liquefaction projects come onstream?
• How much new liquefaction capacity is required over the 2020s and how much will be built?
• Which markets the be the sources of demand growth?
• Which countries will start to import LNG and how much LNG will they need?
• How are LNG trade flows changing and what is the outlook for spot and short-term trading?

Masterclass B AM: The Evolving Role of LNG Import Projects

Morning Networking Coffee Break

Networking Lunch

Masterclass B PM: Strategic and commercial implications of GHG emissions management

• The false dichotomy of energy transition vs energy security in the case of global gas and LNG
• GHG emissions policy and regulations
• Accounting for methane emissions
• Comparing the all-in GHG emissions intensity of natural gas, LNG, and coal supply chains
• The economic value of GHG emissions: potential penalties and abatement costs
• Implications for natural gas and LNG trade and pricing
• Strategic considerations for Natural Gas and LNG buyers and sellers

Afternoon Networking Coffee Break

End of Masterclasses

Registration & Welcome Breakfast

Chair’s Opening Remarks

Official Opening Address

Ministerial Opening Address

Geopolitical Outlook 2024

• What are the big disruptive forces to assess and react to? 
• How well is Global LNG positioned to respond to geopolitical challenges – do they present opportunities to grow?  
• To what extent is collaboration across the energy supply chain in Europe leading to a sustainable improvement in energy security?  
• Is it possible to avoid further weaponization of energy? 

Economic Outlook 2024

• Has the macroeconomic outlook improved in the last year? Is inflation still proving a significant issue to control and reduce?  
• What is the pace of China’s economic recovery and its policy towards energy security? – is gas going to be well supported? 
• How far will regional flashpoints impact global economic prosperity and trade activity? 
• What transformations in trading routes and optimisation have been seen and how might they evolve in future?

Session 1 – LNG Strategy Reshaping the Gas Landscape to Provide Energy Security and Flexibility of Supply

• Old vs New Business Models: How are buyers and sellers adapting to the new business environment? Can energy security only be achieved in long term contracts? What changes in behaviour do we see from buyers? What has happened to spot markets and spot pricing indexes? 
• Rising Costs: How will the LNG industry adapt to higher energy prices? What impact will rising costs have on production?  
• Planning for Growth: What new infrastructure, security and planning do we need to underpin the global LNG business for the 2030’s?  
• FID’s: With 2025-26 expected to see the start-up of about 12 new trains, what impact will the wave of new projects coming online have on the LNG market? How many US LNG export projects will convert recent contract progress into FIDs? What happens to those not secured this year? 
• Scarcity of Supply: With most new supply to come from the US and Qatar, is the global LNG industry at risk of becoming too reliant on too few suppliers? 

Morning Networking Coffee Break

Keynote Interview

• What is the future now for LNG in Asia in terms of energy security, affordability, and sustainability? 

SESSION 2 – Asia-Pacific - Will There be Enough Flexibility in the LNG Market to Stimulate Demand in Asia?

• Demystifying China: To what extent will the country relieve, or add, to LNG demand pressures? Will it retain its current role as the ‘balancing market’? 
• Southeast Asia: To what extent can demand for LNG be stimulated in SE Asia? Are we entering a period where demand growth in SE Asia will more than offset the declining demand in Europe and some mature importers in Northern Asia? 
• Energy Transition: What is the pace of energy transition in key Asian markets? Is the traditional coal-gas-renewable pathway still valid? 
• Energy Security: As Japan and South Korea prioritise energy security, how will this impact their demand for LNG and their contracting practices? 
• Southern Asia: Can LNG shake off its reputation as an expensive and unreliable fuel source?  
• Energy Equality: What is LNG’s role in eliminating energy poverty? How far will the focus on decarbonisation maintain LNG demand?  
• Impact of Russian Gas: How will Russia’s pivot to the east impact regional stability and energy markets? 

Networking Lunch

The Big Debate: Will Europe Need LNG in 2040?

• Tackling one of the biggest questions facing the industry today, two leading executives will take part in this Oxford-Union style debate, with the audience vote determining who wins. 

Session 3 – Northwest Europe: Could Europe's Supply Gap Herald a Positive Period for LNG?

• Spotlight on Germany: What are Germany’s long-term plans for LNG? Do they need more terminals? 
• Russian Gas: What are the outlooks for Russian pipeline supply to Europe in the next few years? Under different volume scenarios, what will the impact be? 
• Government Policy: As they attempt to cut energy costs, bolster energy security, and meet emission reduction targets, how far will European policymakers promote a sustained reduction in gas consumption? How much European gas demand was permanently destroyed in 2022? 
• Market Restructuring: Analysing the EU Energy Platform, joint purchasing, and role of price caps: Are they fit for purpose? 
• European LNG: What role will LNG play in European gas markets throughout the 2020s? How much more LNG is needed? 

Afternoon Networking Coffee Break

Session 4 - LNG Leaders’: Boosting Cooperation Between Industry, Regulators, and Customers, to Manage and Drive the Energy Transition

• Government Policy: To what extent is uncertainty over future government policies delaying investment? What support would most enhance the future of LNG? 
• Energy Transition: What are the right paths for the energy transition in Asia, Europe, and the Americas if we are to decarbonise effectively? Is LNG a 10-year or 40-year transition fuel? 
• Supply Investment: With an expected growing supply-demand gap expected by the mid 2030’s, can we be confident of new investment when we need it? 
• Evolving Trade Relationships: What impact will partnerships and government-to-government agreements have on the LNG market? 
• Lessons Learnt: What impact have recent disruptions has on the global LNG market? Is there more the industry can do to overcome challenges?   

Session 5 – Ship Owners: How Can Greek Shipping Continue to Prosper in a Less Certain Geopolitical Landscape?

• Collaboration: How can the entire value chain collaborate effectively in the future to continue exploring alternative fuels and technology? 
• Regulation: What more would we like to see from a regulatory perspective in Europe and beyond? 
• Charter Rates: Where do LNG tanker charter rates go after a historically volatile 2022?  
• Ship Design: Is it possible to futureproof ship design? What can be done to reduce costs of construction? 
• Decarbonisation: Analysing the shipping industry’s fuel choices on the path to net zero – is a multifuel future in store? What impact will decarbonisation have on trade costs? 

Close of Summit Day One

World LNG Awards Drinks Reception

World LNG Awards Dinner

Welcome Coffee

Chair’s Opening Remarks

Keynote Address

Session 6 – Southern Europe: Strengthening Security of Supply at a Regional Level by Creating a European Hub for Gas

• Financing: Leveraging EU-wide funding to create a strategic hub for LNG in Greece. 
• Infrastrucure: Collaborating regionally to create a joined-up infrastructure strategy to support future growth. 
• Public-Private Partnerships: Coordinating investment and policy alignment to develop a coherent regional development strategy. 
• Biogas: Evaluating the future role, scalability, and regional demand-supply dynamic for Biogas. 

Session 7 – Decarbonisation - What is LNGs Role in Decarbonisation Pathways?

• Decarbonisation Strategy: Creating a targeted decarbonisation strategy across upstream, midstream, and downstream.
• Low Emission Technology: What progress has been made on developing lower emission cost-effective LNG technologies? Is ‘carbon neutral’ LNG viable?
• Delivering Decarbonisation: What is the role of bio-LNG in shipping industry decarbonisation? What impact will decarbonisation have on trade costs?
• CCS/CCUS: What role will CCS play in decarbonisation and ensuring longevity of LNG demand? Are there viable alternatives?
• Emission Management: What impact will new methane emission management practices and monitoring requirements – including, the fit for 55 updates – have on cost structure and trade dynamics? Scope 3 – who should own the emissions?
• LNG Bunkering: As lower prices and a growing fleet boost LNG bunkering, what are the future growth prospects?

Morning Networking Coffee Break

Session 8 – LNG Shipping: LNG Shipping Market Outlook & Forecast

• Decarbonisation Technology: What barriers are holding back progress and how can the industry overcome them? What new innovations are being applied to vessels to reduce emissions? 
• Circular Economy: Is a circular carbon economy – using liquified CO2 – viable? What role can it play in decarbonising LNG? 
• Fleet Growth: Will the number of new vessels entering the fleet by 2027 be sufficient to handle projected global growth in LNG demand?  
• Regulatory Update: IMO’s newly revised GH strategy: What it means for shipping and the Paris Agreement 
• BioLNG: What are the longer-term outlooks of BioLNG, and what can be done to enhance resilience to supply chain bottlenecks? 
• LNG Bunkering: As lower prices and a growing fleet boost LNG bunkering, what are the future growth prospects?

Session 9 – East Mediterranean - Will Shifting Dynamics in the East Mediterranean Unlock New Opportunities for LNG?

• Scaling East Med LNG: Reviewing current opportunities for developing the Eastern Mediterranean region as both producer and consumer.
• FSRU’s: Assessing FSRU requirements in Israel and Cyprus, and future growth opportunities.
• Spotlight on Egypt: Analysing Egypt’s onshore capacity and scope to participate in meeting future regional and global demand.
• Geopolitical Landscape: What impact has the new maritime agreement between Lebanon and Israel had on exploration?

Networking Lunch Break

Innovation Showcase Winner

• The winner from day 1 will get an opportunity to deliver an extended pitch to the audience, showcasing their latest innovation, set to transform the LNG industry. 

Session 10 – Innovation - How Are New Business Models and Technology Shaping the Future of LNG

• Commercial Innovation: Embracing new business models to stimulate flexible LNG trade
• Modularisation: Will greater modularisation allow projects to scale, accelerate installation times, and reduce cost?
• Maintaining Profitability: How can projects remain feasible amid rising costs?
• Partnerships: Adopting a collaborative approach to connecting LNG buyers and sellers
• Maximising Production: How can annual supply volumes be maximised from existing infrastructure?

Afternoon Networking Coffee Break

Interview: The Disruptor

• Featuring a frank and open discussion with one of the industry’s key disruptors, this session will shine a light on key success stories, providing examples of how technology, digitalisation, and new ways of thinking can transform our sector. 

Session 11 – Regional - How is Demand Growth Accelerating Investment in Regional Supply

• Making LNG Local: What can we expect from small-scale LNG in the next decade? Will price-driven demand destruction in smaller and emerging LNG markets be reversed?
• New Designs: Will new liquefaction designs set to enter operation in 2023 change our thinking on the model for future projects? Are they the future of low-cost LNG production?
• New Capacity Viability: What are the prospects for FIDs of new supply and new import capacity?

Chair’s Closing Remarks

Close of Summit Day Two

Drinks Reception

Welcome Coffee

Chair’s Opening Remarks

Session 12 – Finance: How are Financiers Navigating Ongoing Market Volatility

• Risk Management: How do you balance energy security with commercial structure and market risk. How much risk are you willing to take?
• Market Volatility: How are financiers responding to unprecedented gas prices, volatility, inflation, demand uncertainty and ESG imperatives?
• Contracts: Has a shift to more long-term contracting in global markets convinced lenders to support more LNG infrastructure projects?
• Dispute Management: With the broadening and fragmentation of the LNG market, how can the risk of disputes be mitigated?

Session 13 – Trading: Should the LNG Industry Plan for a Tight Market or Supply Glut?

• Commercial Structures: What impact will the different commercial structures from Qatar and the US have on the LNG market over the next decade?
• Trading: How can traders effectively measure and manage the commercial risk brought about by spot price volatility?
• Pricing: Will emerging signs of illiquidity in the European market push trade away from hub linkage and to new LNG pricing mechanisms?

Morning Networking Coffee Break

Session 14 – Collaboration: What is the Viability of Hydrogen Ready Infrastructure and Technology?

• H2-Ready: What does “hydrogen-ready" mean, and not mean, in the context of LNG?  
• Pathways: Which transition pathway is most likely to proceed, and what are the implications for infrastructure? 
• Infrastructure: How will Hydrogen or Ammonia be integrated into existing infrastructure? To what extent can new pipes and infrastructure build a bridge to a decarbonised hydrogen world? 
• Cost of Transitioning: What is the economic viability of switching assets over from LNG to Hydrogen? 

Session 15 – Scaling the Value Chain: What Can the Hydrogen Economy Learn from LNG?

• ROI: Access to capital for new low-carbon investments isn’t a major constraint, but ensuring a return on investment certainly is. How should Hydrogen build a scalable model that delivers acceptable returns? 
• People: Attracting, engaging, and securing the right talent to power the transition.
• Business Models: Understanding how best to build markets for Hydrogen, building on early point-to-point and initial hub clusters.
• Carbon Markets: Develop mechanisms for measuring and pricing the carbon intensity of hydrogen to bring transparency to the marketplace.
• Financing: Leveraging public and private finance and engaging all stakeholders to reduce risk and create the right conditions to grow the hydrogen economy.

Chair’s Closing Remarks & Networking Lunch Break

Revithoussa LNG Terminal Visit

The Revithoussa LNG Terminal is located on the islet of Revithoussa, in the Gulf of Pachi in Megara, 45 km west of Athens. With a storage capacity of 225,000 m3 LNG and a regasification capacity of 1,250 m3/h as a Sustained Maximum Send out Rate, the Terminal is an important energy asset for Greece, providing security of energy supply, operational flexibility in the transmission system and increased capability to meet peak gas demand. 

Buses depart from the Grand Hyatt Athens

Guided tour of Revithoussa LNG Terminal