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
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
Western Europe Records Hottest June on Record
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
China’s Central Bank Consults European Peers on Low-Rate Strategies
France Requests Airlines to Cut Flights at Paris Airports Amid Planned Air Traffic Controller Strike
Poland Implements Border Checks Amid Growing Migration Tensions
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Extreme Heat Wave Sweeps Across Europe, Hitting Record Temperatures
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Germany Votes to Suspend Family Reunification for Asylum Seekers
Budapest Pride Parade Draws 200,000 Participants Amid Government Ban
Southern Europe Experiences Extreme Heat
Xiaomi's YU7 SUV Launch Garners Record Pre-Orders Amid Market Challenges
Jeff Bezos and Lauren Sanchez's Lavish Wedding in Venice
Russia Launches Largest Air Assault on Ukraine Since Invasion
Massive Anti-Government Protests Erupt in Belgrade
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Hungary's Prime Minister Criticizes NATO's Role in Ukraine
EU TO HUNGARY: LET THEM PRIDE OR PREP FOR SHADE. ORBÁN TO EU: STAY IN YOUR LANE AND FIX YOUR OWN MESS.
Hungarian Scientist to Conduct 30 Research Experiments on the International Space Station
NATO Members Agree to 5% Defense Spending Target by 2035
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
International Astronaut Team Launched to Space Station
Macron and Merz: Europe must arm itself in an unstable world
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
Oil Prices Set to Surge After US Strikes Iran
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
×