The World’s Premier Natural Gas Conference & Exhibition Reaches South Korea
Gastech is the world’s favourite meeting place for energy professionals working in the natural gas and liquefied natural gas (LNG) industries. Established as the leading international event for technical and commercial executives, and operating on an 18 month cycle, the event celebrates its 42nd birthday in 2014 when it will be held in South Korea, hosted by KOGAS.
Gastech arrives in East Asia for the first time!
South Korea – A growing economic powerhouse driving demand for natural gas, at the forefront of LNG development, and world-leader in manufacturing and shipbuilding…
South Korea recently became the 8th country to join the ’Trillion Dollar Club’ for GDP value and is continuing to drive demands in the region for natural gas and LNG. Our hosts this year, KOGAS, is the world’s largest single importer of LNG and currently operates three major LNG receiving terminals and a nationwide gas pipeline network. As the nation’s sole importer of LNG, KOGAS is critical to supplying the industrial and domestic gas requirements of the nation.
The Korean government is also one of the leading investors into international gas and oil partnerships and has a growing upstream portfolio. Activity includes investments into ‘unconventional’ shale gas resources, with interests all over the globe as the government seeks out new resources to power its thriving economy. Korean shipyards now produce more than two-thirds of the world’s LNG, gas and chemical tankers and have internationally-leading reputations for technological research and development initiatives. Original Equipment Manufacturing is booming and contracts between international companies and Korean firms are signed on a daily basis.
What better place to come and do business if you work in the natural gas and LNG industries..?
Apart from being the heart of their nation’s energy supply, South Korea has a major strategic and economic importance at the very center of Asia’s growing demand for gas. The country is surrounded by China, Japan, Taiwan and Russia, some of the world’s most important players in the natural gas and LNG export and import business, and who are influential over many of the global suppliers and project developers that work in the region.
With a stronghold for both the technical and commercial sectors for the natural gas and LNG industry, Gastech 2014 is proud to be hosted by this vibrant country and its highly influential NOC, KOGAS.
FOR MORE INFORMATION AT www.gastechkorea.com/ICN3