The LNG (Liquefied Natural Gas) supply chain will be gathering in London this March for EIC Connect LNG, part of the highly successful EIC Connect series of supply chain networking events bringing together the world’s leading operators and contractors from across global energy projects. The event will be hosted by the EIC, the leading trade association for companies that supply goods and services to the energy industries worldwide.
Leading LNG companies, such as Centrica, WorleyParsons, KBR, SBM Offshore and Foster Wheeler, have confirmed their presence already at the event, taking place at Wembley Stadium on March 14th 2012 and supported by Siemens.
Other invited contractors and operators who are expected to attend and speak include representatives from ExxonMobil, RasGas, CB&I, MW Kellogg, Petrobras, Shell and TGE. It is also expected that contractors from regions, such as India, China, Russia, Brazil and the Middle East, will be attending to seek out new suppliers and services. The previous EIC Connect LNG event in March 2010 saw over 400 delegates representing 224 companies attend and 35 exhibitors.
“We are delighted to be turning our focus onto LNG again and the timing couldn’t be better,” said CEO of the EIC, Ian Stokes. “With global LNG demand expected to grow to 435 million metric tons by 2030, according to research firm, RNCOS, and many projects at final investment decision stage, now is the time to ensure that the UK LNG supply chain is at the forefront when new LNG business is up for grabs. We look forward to facilitating this process at the largest LNG supply chain event taking place in the UK this year.”
“Siemens is delighted to be sponsoring such an industry-leading event as EIC Connect LNG”, said Reinhard Aurich, Vice President Sales LNG at Siemens AG. “It allows us to promote our recent successes, such as our involvement in the growing mid size Chinese LNG market and the world’s first floating LNG project. We will highlight our work on key LNG projects around the world as well as communicating the concept of electrically-driven LNG which is now being deployed in a number of major liquefaction projects globally.”
EIC DataStream which tracks over 9,000 projects across the global energy industry, shows that there are currently 374 active and future LNG projects with a combined potential investment value of US$794 billion. While the main hot spot of activity can be found in Australia with 33 active and future projects valued at US$269 billion, there is plenty of activity in all regions of the world with Russia, Iran, Nigeria and the USA all contributing significantly to the total. In Europe, key hot spots of activity include Italy, Norway and France.
The format of EIC Connect LNG 2012 will consist of a series of presentations by leading LNG operators and contractors, where they will outline current projects and procurement strategies and requirements. These presentations will be supplemented by a series of One 2 One meetings where the supply chain get the chance to meet some of the LNG’s most senior global sourcing personnel. There are a limited number of stands to allow companies to showcase to buyers within an exclusive environment with exhibitors already confirmed including Pepperl + Fuchs, Draeger, Hertel and Alderley.
Comments from delegates at LNG 2010 included:
“I’m a huge fan of the EIC - an organisation which is very much the glue in the industry and keeps us all talking with one another. EIC Connect LNG was an excellent event that we got everything we wanted out of… and more” - Martin Dronfield, Managing Director, PNS (UK) Limited.
“EIC Connect LNG was an excellent means of both increasing our profile and our market share in the LNG sector” - Robert Thornton-Jones, General Manager, BRUSH PRISMIC.
The event was all about finding out what LNG projects are happening, where they are taking place, and who the initial contact should be. In all these areas, EIC Connect LNG delivered” - Lesley Cripps, Sales Manager, Chapman Freeborn.