The 6th IEF-IGU Ministerial Gas Forum aims to sharpen a collective focus on the energy policies, market trends, and technology options that enable the gas industry to deliver inclusive growth and successful transformations for a secure, inclusive and sustainable energy future. Energy and climate policies, gas technologies and innovations as well as market fundamentals are ever more co-dependent but also vary across geographies. The 6th IEF-IGU Ministerial Gas Forum calls for more engagement among government and industry to shape reliable pathways for future gas sector trade and investment by placing emphasis on the opportunities gas technologies and innovation offer.
New conventional and unconventional resources, pipelines and LNG technologies diversify gas trade and investment flows among world regions, and create a more abundantly supplied and competitive gas market environment. The value gas supply chains offer to consumers has steadily improved through technology advancements, cost reductions and efficiency gains, as a consequence. In the current setting, natural gas market functioning depends more on technology, innovation and effective supply chain management, than extraction or off-take requirements. New gas technologies and innovations in gas market development are also coming into sharper focus as the need for clean air in major cities and greenhouse gas emission reductions grow. While implementation of the 2015 United Nations Paris Agreement and Agenda 2030 Sustainable Development Goals requires sustained and stepped-up efforts globally, policy choices and investment decisions take on a different character in distinct energy market settings.
Taking place in the context of these new gas market trends that create significant new market opportunities and enable enhanced ambition for climate resilient development on the eve of the 24th UNFCCC Conference of Parties in early December 2018, the 6th IEF-IGU Ministerial Gas Forum will build on the dialogue among government and industry stakeholders. This will support well informed decisions in light of greater interconnectivity and more stringent energy and climate policy requirements.
To ensure readily available opportunities are not lost to future generations, government and industry participants at the 6th IEF-IGU Ministerial Gas Forum in Barcelona are invited to consider efforts that accelerate technology advances and scale up business innovations. Dialogue outcomes will help ensure that currently abundant gas resources serve as a catalyst for change and successful transformations, while facilitating investment and trade through a better understanding of the varied requirements for energy security, climate change, and inclusive and sustainable development among IEF and IGU members.
The 6th IEF-IGU Ministerial Gas Forum takes a Mediterranean perspective on gas market trends between Europe, the Middle East, North Africa, Asia Oceania, and the America’s. Three plenary sessions will focus on the role of technology and innovation in:
- Role of Gas Technologies in Resilient Low Carbon Energy Systems
- Gas Demand Growth Beyond Power Generation
- Enhancing Gas Supply Security and Diversification
Plenary sessions will be chaired by ministers. Dialogue among ministers, CEOs and senior level government and industry representatives will be guided by invited moderators and informed by IEF-IGU Background papers and session documents developed in partnership with IEF Knowledge Partners.