Experts Shared Their Global Gas Outlook at MGA’s Webinar
Exclusive for MGA members, Industry Talk #1 featured speakers from Wood Mackenzie
Through its Learning Development Working Committee, MGA on 15 February 2023 kicked off its 2023 Industry Talk series with Industry Talk 1 Global Gas Outlook 2023 and Impact to Malaysia.
The event flow was as follows.
1. Presentation by
Valery Chow Vice President, Asia Pacific Gas LNG Markets, Wood Mackenzie on “Global Gas LNG Outlook”
Key highlights include
- Global LNG supply grew 16 Mt in 2022 but high prices may dampen gas demand in developing markets in 2023
- Following deferrals in 2022 new LNG capacity is expected to be sanctioned in 2023
Asti Nuraini Asra Principal Analyst, Asia Pacific Gas LNG Markets, Wood Mackenzie on “Implication to Southeast Asia”
Key highlights include
- Demand for LNG in SEA increased in 2022 whereas other parts of Asia Pacific were seeing declines
- As pipeline production dwindles, LNG expected to the become backbone of regional gas supply
2. Q&A moderated by Rosman Hamzah, Secretary General
3. The emcee for the session was Nabilah Zulkefli, Head of Communications Events
