MGA holds 2nd Virtual Industry Talk Amidst Growing Concern on Impact of C-19 to Gas Market

MGA holds 2nd Virtual Industry Talk Amidst Growing Concern on Impact of C-19 to Gas Market

Over 180  MGA members from 40  companies tuned in to listen to  MGA’s Industry Talk on the 28  April 2020.  This is the 2nd  virtual Industry Talk held by MGA during the Movement Control Order to offer insight and guidance to member companies as they navigate the operational stress caused by COVID-19.  This time around, MGA collaborated with Boston Consulting Group (BCG), a member of MGA, to deliberate on one of the hottest topics around – How Covid-19 is Reshaping the Gas Market? 4 experts from BCG deep-dived on the topic covering various angles from the ‘future of oil and gas market’ to ‘global gas market outlook’   to ‘implications for Malaysia’. The session lasted about  1:15 minutes and saw active interactions from the audience in the form of Q&A and conversation threads.

 

The event, moderated by Stephanie Khaw from BCG, started with an Opening Remarks from Hazli Sham Kassim, President of MGA. This is then followed by the following featured speakers from BCG;

 

At the end of the session, the organiser asked the audience the following big questions for the gas industry in a form of an online polling;

  1. What can Malaysia’s gas sector do differently?
  2. What are priorities for Malaysia gas market?
  3. Do we still believe gas is a bridging fuel to RE?

The following are the responses;

 

In view of the overwhelming response by members (83% of survey respondents opted for a webinar over face-to-face engagement), MGA shall make online webinar as its ‘new normal’ in engaging and providing industry updates to members in the future.