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8th Asia Gas Partnership Summit held at New Delhi

Dec 6, 2013 17:20 IST

8th Asia Gas Partnership Summit (AGPS)The 8th Asia Gas Partnership Summit (AGPS) was held from 3 to 4 December 2013 at New Delhi, India.The 8th AGPS was organized by GAIL (India) Limited and Federation of Indian Chambers of Commerce and Industry (FICCI).

The theme of the conference is: Asian Gas Market: Challenges and Opportunities in the Changing Paradigm.

The Asia Gas Partnership Summit brought together a host of industry leaders from across the globe with the participation of over 46 speakers from 16 countries and more than 800 delegates.

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The participants from international organizations and companies include top officials from International Energy Agency, International Gas Union, BG Group, Carrizo Oil & Gas of the US, PetroChina Company Limited, GDF Suez of France, Shell, Total Gas & Power and Natural Gas Fenosa of Spain, besides others.

During the summit Prime Minister of India Dr. Manmohan Singh dedicated GAIL India Ltd's 1000 km Dabhol-Bangalore natural gas pipeline to the Nation.

The natural gas demand in the Asian region is expected to increase at a CAGR (Compound Annual Growth Rate) of 4.2 percent and reach nearly 1111 bcm by 2035 from the current level of around 450 bcm. The 8th AGPS is aimed to play a significant role in exploring ways to bridge this growing demand.

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