On 23 November 2017, following the success of its workshop on LNG trends in December 2016, the OME decided to repeat the initiative on the overview of the main trends driving the LNG markets and possible perspectives. Over the past few years, the natural gas industry, and in particular the LNG industry, experienced remarkable growth and transformations. And the gas/LNG markets continue to change rapidly. Many new LNG projects are keep coming on stream. But these additional volumes of LNG are becoming available at a time when the LNG market is already well supplied. This LNG surplus has a direct impact on price formation and contracts, which attract new LNG-importing countries but also discourage new upstream investment.
The 2017 edition of the workshop took place at OME premises in Paris. It was jointly organized with the Moroccan Fédération de l’Energie. More than 25 delegates from institutions and the industry participated to the success of this second edition and contributed to vibrant discussions. Positive feedback from the Delegates encourages OME to repeat this kind of encounters. At the invitation of M. Kaitouni, the next seminar on LNG trends could take place in Marrakech, Morocco, in spring 2018.
The workshop, supported by OME Members ENI and Edison, was organized within the framework of the OME Energy in the Mediterranean (ENERMED) programme. This programme, designed for all audience, aims at promoting mutual knowledge and information exchange. The success of previous workshops confirms OME’s ambition to be a privileged venue for meeting and to give participants, a network to share expertise and best practices on the main aspects of energy in the Euro-Mediterranean region.
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