RATIONALE BEHIND THE 2016 EVENT
For the Philippines, the prospects for LNG remain bullish. The importation of LNG is the quickest way to meet increasing domestic demand. As power utilities are increasingly turning to natural gas to replace coal - coupled with increasing demand from industries - LNG’s role in the Philippines’ energy mix will only get bigger.
As one of the most vibrant economies globally, the Philippines natural gas industry continues to generate significant investors’ interest, especially when customer long term demand remains high. Philippines is well placed to join South East’s Asia LNG importers’ club and is well positioned to be the LNG hub for the region. The market's diverse archipelago geography will also open the door for feasible small-scale LNG and shipping opportunities.
Taking on the theme, “Pacing further forward for LNG and natural gas infrastructure development to support the Power Generation sector”, the timely 3rd LNG Supply, Transport & Storage Philippines 2016 will continue to address and propagate LNG imports and infrastructure developments that will definitely be taking place notably in the Philippines and around the region.
This is the perfect opportunity for all serious stakeholders to highlight real opportunities for and establish their position in this vibrant marketplace.