LNG
NEWS
8
LNG
INDUSTRY
SEPTEMBER
2014
DIARY DATES
Asia-Pacific
APEC ministers launch LNG Trade Facilitation
E
nergy Ministers from the 21 Asia-Pacific Economic
Cooperation (APEC) economies have set in motion
a number of new measures to strengthen security and
sustainable development within the energy sector.
As part of these new measures, APEC ministers launched
an LNG Trade Facilitation Initiative to boost supply through
support for public-private partnerships and market-based
pricing.
Actions to be undertaken by APEC economies are detailed
in the Beijing Declaration that was endorsed by ministers
in September 2014. The goal is to ensure economic growth in
the Asia-Pacific region while relieving intensifying pressure on
the environment.
“The Asia-Pacific region needs to transform the
economic growth model and explore the diverse and
conservation-minded development path featuring green and
low carbon development,” explained China’s Vice Premier,
Zhang Gaoli, during the APEC Energy Ministerial Meeting.
Collectively, APEC economies account for 55% of global
energy production and 60% of total energy consumption. By
2030, fossil fuels will still make up 80% of the region’s energy
mix.
Australia
LNG projects help fund conservation
N
early two-thirds of Curtis Island, near Gladstone, Australia,
will be set aside for environmental conservation.
The scheme, which has received substantial funding from
companies with LNG projects in the area, will attempt to ensure
the protection of the island’s unique ecology and heritage.
It proposes to establish over 25 000 ha. of newly protected
areas.
On behalf of the LNG projects, Australia Pacific LNG CEO,
Page Maxson, welcomed the new conservation areas, saying
that they “demonstrated the commitment of the industry to
developing projects in an environmentally responsible way”.
Significant funding from natural gas companies QGC,
Santos GLNG and Australia Pacific LNG has made this
achievement possible. Through a combined effort, the
companies purchased a former grazing property and associated
leases in order to transfer the titles to the State Government
and remove cattle from the island, enabling the long-term
restoration of environmental values.
The three LNG projects all received approval from the
Queensland and Australian governments based on the
requirement to provide environmental offsets for their
developments.
15 - 17 October 2014
9
th
Annual Global LNG Tech Summit
Barcelona, Spain
27 - 30 October 2014
Floating LNG USA 2014
Houston, Texas, USA
/
floating-lng-usa-conference
28 - 30 October 2014
European Autumn Gas Conference
London, UK
28 - 30 October 2014
Seatrade Middle East Maritime
Dubai, UAE
10 - 13 November 2014
ADIPEC
Abu Dhabi, UAE
18 - 21 November 2014
15
th
World LNG Summit
Paris, France
world.cwclng.com
