LNG
Producer-Consumer Conference
2020

The Conference is over. We appreciate your participation.

Oct 12th, 2020

7:00 pm - 10:15 pm (JST)
@Virtual Conference

View all video messages from Ministers all over the world,
Mr. Daniel Yergin, and other excellent speakers

LNG Producer-Consumer Conference 2020
The conference is over. Entire conference's archive videos have been uploaded to YouTube.
Original Audio / English Audio / Japanese Audio

LNG Producer-Consumer Conference 2020 is over.

The Ministry of Economy, Trade and Industry (METI) and the Asia Pacific Energy Research Centre (APERC) held the 9th LNG Producer-Consumer Conference on Monday October 12, 2020.
The conference, which was held online for the first time since the first meeting in 2012, we posted the video message from the ministerial level of 27 countries and the top management of more than 60 companies and international organizations on our conference website. In addition, approximately 1,900 people from 52 countries and regions around the world registered for participation, and as the environment surrounding LNG changed drastically, we deepened discussions on what is expected of LNG and the actions to be taken toward it.
METI News release: https://www.meti.go.jp/english/press/2020/1013_002.html

Archive :	Session 1 (English Audio) Session 2 (English Audio) Session 3 and Closing Remarks (English Audio)

Session 1

Session 2

Session 3 and Closing Remarks

Two Contributions

20 billion
US dollars support

In 2017, METI announced $10 billion financial support to LNG related projects. As Japan has already achieved these targets in 2019, the Minister of Economy, Trade and Industry delivered a speech stating that Japan will commit to provide an additional 10 billion US dollars of finance by Japanese public and private sectors to expand LNG market.
1,000
trainees

In 2017, METI announced 500 people capacity building program. As Japan has already accomplished this goal in 2019, METI added training programs to another 500 people bringing the number of trainees to 1,000. METI commits to develop LNG market by linking new supply sources with Asian growing demand, making use of our ample experience.

The LNG Producer-Consumer Conference 2020 will play a very important role in promoting exchange and dialogue among LNG buyers, sellers and the wider community. This dialogue is more important than ever in these challenging times to maintain strong open dialogue. The LNG business was one of the inspirations for my new book, The New Map, because the growth of this business has helped to redraw the map of world trade. At a time when forces are pulling the world apart, LNG continues to knit the world together in a very positive way – as this conference will demonstrate. Congratulations to METI for its leadership in convening the timely Producer-Consumer Conference.

Daniel YerginVice chairman of IHS Markit, Pulitzer Prize winner by The Prize: The Epic Quest For Oil, Money & Power,
and author of the new book, The New Map: Energy, Climate, and the Clash of Nations

View all the messages from excellent speakers

LNG-PCC 2020 Key Agendas

The current LNG market seems to increase uncertainty such as a drop in demand of LNG and a historical low level of spot prices due to the economic recession caused mainly by COVID-19 pandemic. In addition, on a global scale, LNG market is also facing an enormous wave of de-carbonization and energy transition that occurred mainly from Europe. As the environment surrounding the LNG industry has been undergoing a dramatic transformation, the conference of 2020 will provide an opportunity to promote active dialogue among LNG producers, consumers and other stakeholders with a view towards developing the idea of balancing between tackling the global climate issue and economic recovery and growth.　Through this conference, we, Ministry of Economy, Trade and Industry, intend to enhance and strengthen win-win relationships between producers and consumers.

1 Price mechanisms favorable and sustainable for
both producers and consumers of LNG

Flexible and highly
liquid LNG market
Healthy development of
the Asian LNG market
Win-Win relationship for
both producers and consumers

Sessions/Speakers

2 De-carbonization through
the LNG value chain

Innovation
in Technology
Innovation
in Business
Alliance among
Industry-Government-Academia

Sessions/Speakers

Video Messages Updated on 2020.10.16

METI would like to welcome distinguished many video messages from ministerial level all over the world as well as the many representatives from leading companies and international organizations.

SADAMORI Keisuke

Global Gas Security Review 2020, International Energy Agency (IEA), France
TOYODA Masakazu

Chairman & CEO, The Institute of Energy Economics, Japan - IEEJ, Japan

Lucian Pugliaresi

President, Energy Policy Research Foundation Inc. -EPRINC, United States

SAGARA Akihiko

Managing Executive Officer, Chief Executive Officer, Energy & Metals Group, Marubeni Corporation, Japan
TAKEBE Yukio

Representative Director, Executive Vice President, Mitsui & Co., Ltd., Japan
NISHIZAWA Jun

Executive Vice President, Group CEO, Natural Gas Group, Mitsubishi Corporation, Japan

All Video Messages

LNG Producer-Consumer-Conference in the past

In 2017

The 6th Conference held in 2017 focused on the following key themes:

Producer-consumer cooperation towards developing LNG market in Asia;
New LNG opportunities driven by innovation
LNG as transport fuel
Flexible LNG market and spot trading

As Japanese government’s two contributions to develop the Asian LNG market, the Minister of Economy, Trade and Industry announced that Japanese public and private organizations would arrange finance in the scale of 10 billion US dollars and provide opportunities of capacity building for 500 personnel in the next 5 years.

In 2018

At the 7th conference, participants discussed

a variety of issues, including securing gas security through establishment of a flexible and transparent LNG market,
importance of LNG within the energy system and new demand of LNG, and
how to secure LNG supply under the situation as the market seeing the changes in LNG contracts. etc…

The Minister of Economy, Trade and Industry, delivered a speech stating that Japan would contribute to expanding the LNG market in Asia, by drastic expansion of financing support and support for emerging consumer countries in development of regulation, master plans etc… and called for cooperation between producers and consumers in order to enhance the LNG supply security.

In 2019

The 8th Conference held in 2019 focused on the following key themes:

Demand Creation in Emerging Countries and Looking Back the Half Century since the Introduction of LNG in Japan
Role of LNG in Achieving SDGs (Sustainable Development Goals of the UN)
Revolution of LNG Market
Innovations to Support Further Growth of LNG Indu

The Minister of Economy, Trade & Industry, delivered a speech stating that Japan will commit to:

Provide an additional 10 billion US dollars of finance by Japanese public and private sectors to expand LNG market
Provide training programs to another 500 people bringing the number of trainees to 1,000
Develop LNG market by linking new supply sources with Asian growing demand, making use of our ample experience

LNG Producer-Consumer Conference 2020

LNG Producer-Consumer Conference 2020 is over.

Two Contributions

20 billionUS dollars support

1,000 trainees

LNG-PCC 2020 Key Agendas

1 Price mechanisms favorable and sustainable for both producers and consumers of LNG

2 De-carbonization through the LNG value chain

Video Messages Updated on 2020.10.16

Pickups

Special Contents

Private companiese involved in organizing this year's conference.

LNG Producer-Consumer-Conference in the past

LNG
Producer-Consumer Conference
2020

20 billion
US dollars support

1,000
trainees

1 Price mechanisms favorable and sustainable for
both producers and consumers of LNG

2 De-carbonization through
the LNG value chain