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The IGU And PETRONAS Role in Gas - Iploca

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Key trends and challenges for gas <strong>in</strong>dustry foreseen <strong>in</strong> the<br />

triennium 2009-2012 2009 2012 were identified dur<strong>in</strong>g the workshop<br />

TRENDS<br />

TRENDS<br />

More use of gas – utilisation for<br />

economic development<br />

Difficulty for access<br />

Convergence of gas market<br />

<strong>Gas</strong> <strong>in</strong>terest mov<strong>in</strong>g to Asia<br />

Grow<strong>in</strong>g global demand<br />

Compet<strong>in</strong>g fuel sources from nonhydrocarbon<br />

resources<br />

Resources (gas) owners will be major<br />

players<br />

Globalisation<br />

Conservation of energy utilisation :<br />

Efficiency<br />

Sufficient gas vs. diversification (coal &<br />

nuclear)<br />

Malaysian <strong>Gas</strong> Association<br />

CHALLENGES<br />

CHALLENGES<br />

Deplet<strong>in</strong>g resources<br />

Monetisation of stranded gas<br />

– Technology<br />

– Accessibility due to Geo-Politics<br />

Competition from coal, nuclear and<br />

renewables<br />

How best to tackle Geopolitical issues<br />

How best to utilise gas<br />

How to <strong>in</strong>ternationalise gas market<br />

19

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