GAIL, India’s leading gas importer and domestic marketer, recently announced it was inviting expressions of interest for long term (20 to 25 years) and short-term LNG supply contracts (five to 10 years), highlighting Australia, Malaysia and Indonesia as front-runners to meet its needs.
GAIL said imported LNG shipments were likely to begin in late this year or early next year and were expected to mature to 15 million tonnes per annum by 2007.
That announcement was good news for local LNG suppliers facing significant competition to meet new demand from markets in Asia and North America.
Mr Ray is one of a number of international key note speakers at the two day AOG Conference being staged by Swan Exhibitions at the new Perth Convention Exhibition Centre on February 23 and 24.
AOG 2005 will be opened by Western Australia’s state development minister, Clive Brown, who will highlight the critical importance the oil and gas industry will play in WA’s future.
Millions of dollars in UK/Australia trade opportunities will be promoted when Brian Wilson, British Prime Minister Tony Blair’s special representative and former UK Energy Minister, makes his keynote presentation on the first day of the two-day conference.
The WA Coalition Party will have its opportunity to put forward its oil and gas policies in the lead-up to the Western Australian State elections when shadow minister for resources, Norman Moore, opens day two of the AOG Conference. Close to $20 billion in new project developments will also be covered with presentations by high ranking officials from companies such as Santos Ltd,
Oil Search Ltd, Roc Oil, AWE, Methanol Australia and Hardman Resources.
The AOG 2005 Conference is being staged in conjunction with the three day AustralAsian Oil & Gas (AOG) Exhibition. Already the biggest event of its type in the Southern Hemisphere and one of the biggest in the world, the 2005 staging of AOG will be by far the biggest in its 23-year history with some 300 companies from all parts of the globe participating.
