LNG
Producer-Consumer Conference
2020

The Conference is over. We appreciate your participation.
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: To be announced later.

Archive : https://youtu.be/MbpcxTF5410 (Original Audio)
https://youtu.be/e3mKKflJS2Q (English Audio)
https://youtu.be/k1N2MyZFbSI (Japanese Audio)
Original Audio
English Audio
Japanese Audio

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

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

2 De-carbonization through
the LNG value chain

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

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.

Pickups

  • The Honourable Keith Pitt
    Minister, Minister for Resources, Water and Northern Australia, Australia
  • Dr. Javier Papa
    Undersecretary of Energy Planning, Secretariat of Energy, Argentina
  • H.E. Nasrul Hamid
    State Minister, Ministry of Power, Energy and Mineral Resources, Bangladesh
  • H.E. Dato Seri Setia Dr. Awang Haji Mat Suny Bin Haji Mohd Hussein
    Minister, Ministry of Energy, Brunei Darussalam
  • H.E. SUY SEM
    Minister, Ministry of Mines and Energy, Cambodia
  • Mr. Shawn Tupper
    Associate Deputy Minister, Natural Resources Canada, Canada
  • Ms. Kadri Simson
    Commissioner, European Commission
  • Mr. Peter Altmaier
    Minister, Federal Ministry for Economic Affairs and Energy, Germany
  • H.E. Arifin Tasrif
    Minister, Ministry of Energy and Mineral Resources, Indonesia
  • Mr. Žygimantas Vaičiūnas
    Minister, Ministry of Energy, Lithuania
  • Tengku Muhammad Taufik
    President & Group CEO, Petroliam Nasional Berhad (PETRONAS), Malaysia
  • H.E. Ernesto Max Elias TONELA
    Minister, Ministry of Mineral Resources and Energy, Mozambique
  • H.E. U Win Khaing
    Union Minister, Ministry of Electricity and Energy, Myanmar
  • H.E. Chief Timipre Marlin Sylva
    Minister of State for Petroleum Resources, Federal Ministry of Petroleum Resources, Nigeria
  • Mr. Tony Christian Tiller
    Acting State Secretary, Ministry of Petroleum and Energy, Norway
  • H.E. Omar Ayub Khan
    Minister, Ministry of Energy, Pakistan
  • The Hon. Kerenga Kua
    Minister, Ministry of Petroleum, Papua New Guinea
  • H.E. Alfonso G. Cusi
    Cabinet Secretary, Department of Energy, Philippines
  • Mr. Young-jun Joo
    Deputy Minister for Energy and Resources, Ministry of Trade, Industry and Energy, Republic of Korea
  • Mr. Dan Dragos DRAGAN
    Secretary of State, Ministry of Economy, Energy and the Business Environment, Romania
  • H.E. Alexander Valentinovich Novak
    Minister, Ministry of Energy, the Russian Federation
  • Dr. Tan See Leng
    Minister in Prime Minister's Office, Second Minister for Trade and Industry, and Second Minister for Manpower, Singapore
  • H.E. Alparslan Bayraktar
    Deputy Minister, Ministry of Energy and Natural Resources, Turkey
  • Mr. Robert Hewitt
    Deputy Director for Energy Security, Department for Business, Energy and Industrial Strategy, United Kingdom
  • Dr. James Mataragio
    Managing Director, Tanzania Petroleum Developent Corporation, United Republic of Tanzania
  • Hon. Mark Menezes
    Deputy Secretary, Department of Energy, United States of America
  • H.E. Omar Paganini
    Minister, Ministry of Industry, Energy and Mining, Uruguay
  • Prof. NISHIMURA Hidetoshi
    President, Economic Research Institute for ASEAN and East Asia (ERIA)
  • H.E. Yury Sentyurin
    Secretary General, Gas Exporting Countries Forum (GECF)
  • Daniel Yergin
    Vice Chairman, IHS Markit, United States of America
  • MAEDA Tadashi
    Governor, Japan Bank for International Cooperation (JBIC), Japan
  • KURODA Atsuo
    Chairman and CEO, Nippon Export and Investment Insurance (NEXI), Japan
  • HOSONO Tetsuhiro
    Chairman & CEO, Japan Oil, Gas and Metals National Corporation (JOGMEC), Japan
  • Mike Wirth
    Chairman of the Board and CEO, Chevron Corporation, USA
  • Patrick Pouyanné
    Chairman and CEO, TOTAL SE, France
  • Jean-Marie Dauger
    Chairman, GIIGNL, France
  • ONODA Satoshi
    President, JERA Co., Inc., Japan
  • UCHIDA Takashi
    President and CEO, Tokyo Gas Co., Ltd., Japan
  • WUTTIKORN STITHIT
    Senior Executive Vice President, Gas Business Unit, PTT Public Company Limited, Thailand
  • Dwi Soetjipto
    Chairman, SKK Migas (Special Task Force for Upstream Oil and Gas Activities), Indonesia
  • Fatema Al Nuaimi
    CEO, ADNOC LNG ( Liquified Natural Gas), UAE/Abu Dhabi
  • UEDA Takayuki
    Representative Director, President & CEO, INPEX CORPORATION, Japan
  • Leonid Mikhelson
    Chairman of the Management Board, JSC “NOVATEK”, the Russian Federation
  • Zeljko Runje
    Deputy Chairman of The Management Board, First Vice President for Oil, Gas, Offshore Business development, PJSC Rosneft Oil Company, the Russian Federation
  • Estevao T Rafael Pale
    Chairman and CEO, Empresa Nacional de Hidrocarbonetos, E.P., Mozambique
  • Frédéric H. Barnaud
    Group CEO, Pavilion Energy Pte Ltd, Singapore
  • MIKE Kanetsugu
    President & CEO, MUFG Bank, Ltd., Japan
  • TAKASHIMA Makoto
    President and CEO, Sumitomo Mitsui Banking Corporation, "SMBC", Japan
  • FUJIWARA Koji
    President & CEO, Mizuho Bank, Ltd., Japan

Special Contents

  • 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

Private companiese involved in organizing this year's conference.

  • 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

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
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