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"The Future of Gas" - DAY ONE: Security of Supply & CCUS


China, like Europe, has a strong diversity of supply, with LNG and pipeline imports and domestic production. Unlike Europe, however, China is lacking in gas storage and in market competition – which are both key to balancing the market and ensuring flexibility.
The Chinese market is essentially where Europe’s market was 20 years ago, in the early stages of developing a liquid, open and competitive market. Third-party access is crucial to stimulating gas trade in China, lowering prices and adding flexibility, and Europe could help by sharing its experience in getting to where it is now. However, China’s geology makes it unlikely to develop gas storage capacity to the extent of Europe’s, even if the business model improves.
There is scope for Europe and China to cooperate in the LNG market. China could invest in more import capacity in Europe, and take the cargoes when it needs them and leave them in Europe when it doesn’t.
These changes will all take place against the backdrop of China’s goal for carbon neutrality by 2060, which will likely drive trillions of dollars of investment in clean technologies and infrastructure, including gas, biomass, hydrogen and carbon capture.

• Octavian Stamate – Counsellor Energy and Climate Action, EU Delegation to China
• Matteo Tanteri, Chairman and CEO, SNAM CHINA
• Jan Stambasky, Vice-President, R2GAS
• Rudolf Huber, President, LNG EUROPE
• Moderator: Matthew James

10.45 - 12.15 - SESSION TWO: CCUS and the GAS SECTOR
NEW SESSION THIS YEAR looking at the technological, environmental and business case for CCUS

• Simon Göss – Independent expert
• Benoit de Guillebon, Project Lead PYCASSO (major CCUS installation)
• Kevin Tu, China Expert, AGORA ENERGIEWENDE
• Lauri Myllyvirta, Lead Analyst, CENTRE for RESEARCH on ENERGY & CLEAN AIR
• François Issard – International Energy Consultant and China expert - MODERATOR

Sep 21, 2022 09:00 AM in Amsterdam

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