May 2014

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HP Gas Processing: Asian gas market seeks lower pricing, infrastructure expansion: Part 1

The Gastech 2014 Conference and Exhibition brought together a number of panelists from the buyer and seller sides to share their recommendations for securing Asia’s gas demand. The first panel session of the conference examined gas pricing, infrastructure requirements and market evolution, from a demand-side perspective.

Blume, Adrienne, Hydrocarbon Processing Staff

The Gastech 2014 Conference and Exhibition, which was held in Seoul, South Korea, from March 24–27, brought together a number of panelists from the buyer and seller sides to share their recommendations for securing Asia’s gas demand. The first panel session of the conference, held on the morning of Monday, March 24, examined gas pricing, infrastructure requirements and market evolution, from a demand-side perspective. Moderated by Nick Milne, first vice president (VP) and LNG specialist at Bank of Tokyo-Mitsubishi UFJ, the panel emphasized the need to restructure LNG pricing mechanisms and enable destination flexibility for export contracts with Asian buyers. Mr. Milne then posed

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