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Emerging Markets and the Future of LNG The total LNG trade reached 244.8 metric tons (MT) in 2015, up 4.7 MT from the previous year. This marks the largest year for LNG trade in the industry’s history, even though Japanese import prices fell drastically between January and December, 2015. Despite this, the start of new projects contributed to the buoyancy of the sector and the industry has remained vibrant, continuing to grow. Currently Asia accounts for more than half of global LNG imports, with Japan, South Korea and China leading the way and accounting for just over half of the global market share. Orson Francescone, Vice President of dmg events global energy said: “The Asian market has always led the way in terms of LNG imports, and will continue to do so to a certain extent. However, the shift in global development is leading to a rise in demand from countries that have previously been overlooked. It is essential that LNG companies are agile, to ensure that they are able to cater to the needs of new players.”
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Papua New Guinea Petroleum & Energy Summit
The inaugural Papua New Guinea Petroleum & Energy Summit is the only strategic event endorsed by the Ministry of Petroleum & Energy and fully backed by the Government of Papua New Guinea. The event has an impressive speaker lineup confirmed, with several members of the Papua New Guinean T E C H N O L O G Y
IoT Asia 2017 Preview As the first dedicated platform in Asia to address the enormous potential of the IoT revolution, the first edition of IoT Asia in 2014 was ahead of its competition. It was seen as a transformational platform for addressing challenges and identifying real opportunities within the IoT landscape. IoT Asia 2016 surpassed expectations and broke records. The event was a resounding success with 3,795 attendees, a significant increase of 75 percent from 2015. This is a testimony of the strong support the event has received from the industry. IoT Asia has won the prestigious UFI Marketing Award in 2016. Conferred by UFI, the
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Government as well as global players such as ExxonMobil and Total. Hon. Nixon Duban MP, Minister of Petroleum and Energy, PNG commented: “We’re delighted to bring the country’s first Petroleum and Energy Summit to Port Moresby and expect the inaugural edition to be a huge success. We have all of the key stakeholders from PNG and the region confirmed as speakers and expect some interesting debate and dialogue. I encourage all parties serious about working in PNG to attend this summit.”
Global Association of the Exhibition Industry, the Award recognises excellence in the branding of new trade shows. The UFI Marketing Award adds on to a growing list of industry accolades that IoT Asia has received since its debut in 2014. The event has won People’s Choice Silver Award for Event of the Year in Postscapes 2015/2016 IoT Awards and Trade Conference Organiser of the Year for IoT Asia 2014 at Singapore Experience Awards 2015.
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