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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.

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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