Prof. Hidetoshi Nishimura, President of ERIA, Speaks at LNG Producer-Consumer Conference
Date:17 September 2015
Prof. Hidetoshi Nishimura, President of ERIA, spoke on the strategies needed to achieve gas security at the LNG Producer-Consumer Conference 2015, held in Tokyo, Japan, on 16 September.
The conference, under the theme 'Evolving LNG Market with Natural Gas Security,' was hosted by Japan's Ministry of Economy, Trade and Industry (METI) and the Asia Pacific Energy Research Centre (APERC), explored the latest trends in the global LNG market and discussed challenges such as the LNG supply and demand balance, and unconventional gas production to ensure a stable and competitive LNG market.
H.E. Yoichi Miyazawa, the Minister of Economy, Trade and Industry, Japan, inaugurated the one-day conference.
Over 1,000 participants from 50 countries attended the conference, including government ministers, business leaders, and industry experts from producer and consumer countries of LNG.
Prof. Nishimura made a key note presentation on Sustainable Natural Gas Market for Growing Demand of Clean Energy in East Asia, explaining the East Asian perspective on the natural gas market based on ERIA's years of research, focusing on ERIA's energy outlook and the role of natural gas in the EAS region, security and affordability of natural gas supply calls for flexibility in the EAS market, and the challenges of establishing a sustainable regional natural gas market.
In conclusion, Prof. Nishimura said that "a sustainable regional natural gas market is featured by secured and affordable supply, enabled by enhanced flexibility. It leads to a win-win situation for both producers and consumers."