PRESS RELEASE: Interfax Global Energy Services, Wintershall hold international roundtable on gas in Brussels
"All professionals engaged in the gas industry have lots of questions today as to what the gas market will be like in the near future, what investment plans could be and what should be expected from the future," Interfax Group Chairman and CEO Mikhail Komissar said to journalists.
Taking part in the roundtable conference were representatives of major European gas companies, international experts, and European Union officials dealing with energy, particularly the gas market.
"Natural gas is the most promising and efficient energy product today. No other options can be compared to it either in terms of its production cost or efficiency. At the same time, a number of alternatives to natural pipeline gas are emerging today," Komissar said.
Komissar mentioned, in particular, "the shale gas revolution, which has occurred in the U.S. and turned it into an exporter from an importer, and the rapid development of gas liquefaction technology and attempts to replace pipeline gas with liquefied gas." ""Due to this liquefaction technology, new countries are becoming gas exporters and are playing an increasingly more active role on the principal consumer markets in Europe and Asia," he said.
Komissar also mentioned the Nord Stream and South Stream gas pipeline projects, which "are also changing the entire configuration of the gas business in Europe and the world."
"The Brussels roundtable is an attempt to explore ways to answers to all questions arising on the gas market today and an attempt to anticipate what the gas market is facing in the future," he said.
Interfax Global Energy Services, headquartered in London, is one of the leaders in the international market for gas sector information and analysis.
*** Interfax Information Services Group is the largest diversified information provider in the CIS, and a recognized leader on the Russian information market in the B2B segment. Interfax dates back to 1989, when a group of journalists created a news agency that became the first nongovernmental channel for up-to-date political and economic news about the USSR. Interfax today is a provider of political and economic news, fundamental data and information from exchanges, professional risk management, marketing, Investor Relations and PR solutions. The Group comprises national regional and industry-specific news agencies operating in Russia, the entire former USSR and China. Its clients include governmental agencies and organizations from Russia and other countries, companies and banks, financial market participants and investors and the biggest Russian and international media organizations.
*** Wintershall AG is the largest crude oil and natural gas producer in Germany. The company was established in 1894 and is now a wholly owned subsidiary of BASF. Wintershall explores and produces oil and gas in Europe, North Africa, South America, Russia, the Caspian Sea region, and the Middle East.