RPGC Gas Day Russia’s Gas Industry: - Strategies and Prospects Torstein Indrebø Secretary General of IGU Moscow, 24 June 2010 Russian Federation
President CC Secretary CC Vice Chairman Ho Sook Wah Malaysia Datuk Rahim Hashim Malaysia Ungku Ainon Ungku Tahir Malaysia CC Chairman Secretary General Torstein Indrebø Norway Vice President Jérôme Ferrier France Georges Liens France The IGU Organisational Structure 1. Building strategic human capital 2. Nurturing future generations 3. Geopolitics of Natural Gas
Gas Industry Issues Advocacy of the Gas Industry – image building Role of gas in the climate debate Unconventional gas – a game changer Energy security Financial crisis
Price volatility Source GDF Suez
Natural Gas Demand - IEA Reference Scenario World primary demand for natural gas is projected to expand by 41% between 2007 & 2030 Source: IEA WEO 2009
Some rules are still valid…