PR84188

SINGAPORE, May 28, 2020 /PRNewswire=KYODO JBN/ --

- Singapore will host next edition of event

- World's largest integrated exhibition and conference supporting the gas, LNG

and energy value chain to be held in Singapore

dmg events and the Gastech Governing body, in consultation with Enterprise

Singapore and the Singapore Tourism Board, has collectively taken the decision

to postpone Gastech, the world's largest integrated exhibition and conference

supporting the gas, LNG and energy industries, to September 13 to 16, 2021.

The Gastech 2020 conference's will now take place virtually in September, with

strategic and technical content streamed online, enabling the gas, LNG and

energy industries the opportunity to engage, as it adapts and responds to the

collective challenges and opportunities the industry faces.

In a statement announcing the postponement, organisers dmg events said the

collective decision had been based on concerns around the global pandemic,

accessibility and for the wellbeing of speakers, delegates, exhibitors and

visitors. Gastech 2020 had been due to take place in Singapore this September.

Nick Ornstien, Vice President Energy for dmg events, said: "The postponement of

Gastech 2020 gives the gas, LNG and wider energy industries greater scope to

assess the impact of COVID-19 on energy demand and identify market growth

opportunities, as the world moves towards a carbon neutral energy landscape."

"Gastech has a proven power to convene energy policy makers and industry

leaders, which will be crucial as economies recover and demand for gas

increases, post COVID-19.  Gastech 2021 will help shape a roadmap for

collective and individual actions and provide opportunities to identify future

solutions and strategies.

"We are confident, with the support of our partners in Singapore, our sponsors,

and the industry, we will overcome this latest challenge, enabling the gas, LNG

and energy industries to set the lower carbon energy agenda for the next decade

and continue to play key roles in people's lives and global economic

prosperity," Ornstien added.

In addition to September's virtual conference and to ensure Gastech continues

to play a crucial role at the heart of the global gas industry, Gastech will

produce a series of webinars, industry newsletters and unique networking

opportunities to deliver insightful and relevant content to connect the

industry with the challenges and opportunities shaping the carbon neutral

agenda, in the run up to Gastech 2021.

The choice of Singapore to host Gastech 2021 reflects the shifts Asian

economies are making towards natural gas and LNG to meet their energy needs.

While global LNG demand is forecast to double to 700 million tonnes by 2040,

South and South-east Asia will generate more than half of the increased demand.

China, India, Indonesia, Malaysia, the Philippines and Vietnam have all seen

increased investment in gas infrastructure for commercial and domestic use.

Satvinder Singh, Assistant Chief Executive Officer of Enterprise Singapore

said: "We look forward to the reconvening of Gastech in September 2021 – a more

opportune time for markets' recovery and growth of new demand in Asia Pacific.

"The LNG sector continues to be resilient, even in this challenging period,

with more LNG trading, or business development companies establishing a

presence in Singapore this year, compared to last year. Safety, nonetheless,

comes first and we look forward to bringing together the LNG fraternity, at

Gastech 2021, a global platform for the energy industry."

Andrew Phua, Executive Director of Exhibitions and Conferences, Singapore

Tourism Board said: "We understand the decision to postpone Gastech, in light

of the COVID-19 situation, and are committed to working closely with them to

support the continued success of Gastech 2021. We remain confident in

Singapore's strong reputation as a preferred MICE destination and we look

forward to welcoming Gastech delegates to Singapore next year."

Taking place in Singapore, from September 13-16, Gastech 2021 will be attended

by more than 35,000 attendees, including senior decision-makers and energy

industry thought leaders, and over 700 exhibiting companies, who will set the

agenda for the global gas, LNG and energy industries for decades to come.

Source: dmg events