Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Energy leaders to discuss future of gas at 3. Budapest LNG Summit

Energy leaders to discuss future of gas at 3. Budapest LNG Summit

A global energy crunch sent natural gas prices soaring and hitting record highs in the past month. What are the factors that are fueling the price surge?
What can expect in the long run and what are the main lessons to take away? Major stakeholders of the gas and LNG industry will come together on December 6 at the Budapest LNG Summit to review how the sector has coped so far with the challenges and adjusted to the "new normal”.

As an established regional conference, the Budapest LNG Summit is ideally placed to take a prominent role in connecting policymakers and the business ecosystem from Central and Eastern Europe and beyond by providing a platform to discuss the driving trends of the gas industry and to identify the opportunities and challenges ahead of us.

The Budapest LNG Summit will be opened by Hungarian Minister of Foreign Affairs and Trade, Péter Szijjártó followed by and impressive line-up of speakers including Yury Sentyurin, Secretary-General of the Gas Exporting Countries Forum (GECF), whose members together control over 71% of the world's proven gas reserves and over 50% of the pipeline and LNG exports across the globe.

Torben Brabo, President of Gas Infrastructure Europe (GIE) will speak about the future role of the gas infrastructure as a new innovative energy system’s backbone, allowing EU citizens and industries to benefit from a secure, cost-effective and sustainable energy supply.

The perception of energy security in Central and Eastern Europe has changed significantly as the regional market opened up to global LNG trade. At the Budapest LNG Summit major stakeholders representing the three terminals in CEE - Hrvoje Krhen, managing director of LNG Croatia, Arunas Molis, CEO of Klaipedia LNG and Sławomir Sieradzki, director of the Gas Market Development Division at GAZ-SYSTEM - will share their insights on the future of LNG business in the region.

As the gas industry undergoes transformative changes, all market participants have to adjust their business strategies to safeguard and stabilize their operations in the long run in light of the 2050 climate objectives. The Budapest LNG Summit will bring together stakeholders from the entire value chain including high-level representatives of MET Group, Shell, ExxonMobil, Gazprom, SOCAR, Dentons, CEEGEX, FGSZ, GTSOU and Eustream.

The Budapest LNG Summit will be held live and in-person in Hotel Marriott Budapest with a full-day schedule and a truly international scope to once again bring together the energy community of the CEE region.

For further information visit the website of the conference.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
The conservative right spreads westward: a huge achievement for 'Alternative for Germany' in local elections
Pope Leo Warns of Societal Crisis Over Mega-CEO Pay, Citing Tesla’s Proposed Trillion-Dollar Package
Poland Green-Lights NATO Deployment in Response to Major Russian Drone Incursion
U.S. and China Agree on Framework to Shift TikTok to American Ownership
Le Pen Tightens the Pressure on Macron as France Edges Toward Political Breakdown
Czech Republic signs €1.34 billion contract for Leopard 2A8 main battle tanks with delivery from 2028
Penske Media Sues Google Over “AI Overviews,” Claiming It Uses Journalism Without Consent and Destroys Traffic
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
One in Three Europeans Now Uses TikTok, According to the Chinese Tech Giant
Could AI Nursing Robots Help Healthcare Staffing Shortages?
NATO Deploys ‘Eastern Sentry’ After Russian Drones Violate Polish Airspace
The New Life of Novak Djokovic
German police raid AfD lawmaker’s offices in inquiry over Chinese payments
Volkswagen launches aggressive strategy to fend off Chinese challenge in Europe’s EV market
France Erupts in Mass ‘Block Everything’ Protests on New PM’s First Day
Poland Shoots Down Russian Drones in Airspace Violation During Ukraine Attack
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Macron Appoints Sébastien Lecornu as Prime Minister Amid Budget Crisis and Political Turmoil
Vatican hosts first Catholic LGBTQ pilgrimage
Apple Unveils iPhone 17 Series, iPhone Air, Apple Watch 11 and More at 'Awe Dropping' Event
France joins Eurozone’s ‘periphery’ as turmoil deepens, say investors
France Faces New Political Crisis, again, as Prime Minister Bayrou Pushed Out
Nayib Bukele Points Out Belgian Hypocrisy as Brussels Considers Sending Army into the Streets
France, at an Impasse, Heads Toward Another Government Collapse
The Country That Got Too Rich? Public Spending Dominates Norway Election
EU Proposes Phasing Out Russian Oil and Gas by End of 2027 to End Energy Dependence
More Than 150,000 Followers for a Fictional Character: The New Influencers Are AI Creations
EU Prepares for War
Trump Threatens Retaliatory Tariffs After EU Imposes €2.95 Billion Fine on Google
Tesla Board Proposes Unprecedented One-Trillion-Dollar Performance Package for Elon Musk
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Big Tech Executives Laud Trump at White House Dinner, Unveil Massive U.S. Investments
Tether Expands into Gold Sector with Profit-Driven Diversification
‘Looks Like a Wig’: Online Users Express Concern Over Kate Middleton
Florida’s Vaccine Revolution: DeSantis Declares War on Mandates
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
"The Situation Has Never Been This Bad": The Fall of PepsiCo
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
The Fashion Designer Who Became an Italian Symbol: Giorgio Armani Has Died at 91
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
×