1. Friday, 09 October 2015 International Gas Union IGU during the Argentine Triennium Peter K. Storm Secretary General of IGU The Autumn Gas Conference of the Czech Gas Association in Tábor, Czech Republic, on 30 October 2006

2. Friday, 09 October 2015 Agenda About IGU The New Triennium (2006-09) Some IGU Statements

3. IGU represents around 95% of all gas sales Members Non Members Also gas companies can become member and benefit from IGU’s vast networking possibilities 69 Charter members (68 countries) 28 Associate members New!

4. IGU serves as a spokesman for the gas industry worldwide Worldwide non–profit (75 years) Promotes technical and economic progress of the gas industry - e.g. The World Gas Conference every 3 years Organisations affiliated to IGU: -Foundation IGRC -Gas Infrastructure (GIE) -GERG -IANGV / ENGVA -Marcogaz -Pipeline Research Council (PRCI)

5. All members can nominate representatives to IGU Committees Working organisation which studies and promotes developments in all fields of the gas industry - 9 standing Committees with study groups - 2 Task forces: R&D and Gas Market Integration > 600 leaders and experts from the gas industry world-wide will participate in the work of IGU in this Triennium

6. Knut Barland Norway President CC Secretary CC Vice Chairman Roberto Brandt Argentina Ernesto Lopez Anadón Argentina Andres Kidd Argentina CC Chairman Secretary General Peter Storm Denmark Vice President Datuk Rahim Hashim Malaysia Ho Sook Wah Malaysia WOC 2 Storage Vladimir Onderka Czech Rep. WOC 3 Transmission Helge Wolf Germany TF R&D PGC C Developing Markets Mohd. Farid Amin Malaysia PGC B Strategy, Economics & Regulation Pedro Moraleda Spain PGC D LNG Seiichi Uchino Japan WOC 4 Distribution Jeremy Bending UK PGC A Sustainable Development WOC 1 Exploration & Production Vladimir Yakushev Russia WOC 5 Utilisation Jean Schweitzer Denmark Marc Florette France TF Gas Market Integration Jorge Doumanian Argentina Experts from all over the world are represented in the technical team

7. The information channels of IGU are top-class Organises conferences and supports information exchange among members Organiser of - IGU Gas Research Conferences (IGRC) - IGRC in Paris October 2008 Co-Sponsor of - LNG Conferences Liaison with UN and other international energy organisations

8. IGU is the main Sponsor/Organiser of the LNG X Conferences Barcelona 24-27 April 2007 Further Sponsors/Organisers' are Gas Technology Institute (GTI) of USA and International Institute of Refrigeration (IIR) in Paris

9. Friday, 09 October 2015 Agenda About IGU The New Triennium (2006-09) Some IGU Statements

10. The new triennium is under Argentine Presidency (2006-09) 24 th World Gas Conference in October 2009, in Buenos Aires, Argentina Theme The global energy challenge: „Reviewing the strategies for natural gas“ Mission Increase the value to the membership: 1.promote the exchange of knowledge and information 2.provide solid and concrete reference tools for decision makers

11. Three time perspectives are underlying the TWP Longer term Policy recommendations regarding major energy-domination Medium term Considerations of new technologies and planned system expansion Short term Little can be done on infrastructure but a lot at policy level

12. 1.The Global Energy Challenge: Reviewing the strategies for natural gas towards 2030 Develop a prospective analysis of the key drivers for the next 25 years The TWP is based on three strategic guidelines Regulation Market Drivers E&P Storage T&D Utilisation LNG R&D Role of the World Gas Industry Sustainability:  RRegulatory Framework Market Growth vs. Supply Alternatives Technology Environmental Impact Cost Effectiveness Oil Prices & Geopolitical Constraints Global Learnings Outlook to 2030 Global Energy Needs and Prospects

13. 2.Contribution of the natural gas industry in terms of security of supply, safety and environment Analyse short term intricacies of supply from a more technical and operational perspective along the entire supply chain The 2. guideline focuses on a technical and operational perspective

14. 3.Regional gas market integration as a key driver for sustainable economic growth Support a healthy investment and business climate and high–quality dialogue between governmental and corporate players …the more integrated…the more competitive….

15. Friday, 09 October 2015 Agenda About IGU The New Triennium (2006-09) Some IGU Statements

16. Our planet by night shows where energy is used today

17. Gas reserves are plentiful but not located where the markets are A global gas market is emerging - Consumer markets will increasingly be competing for supply (strong additional demand by emerging economies) - Consumers and producers are seeking diversification of purchases and sales respectively Market conditions in world gas markets are rapidly changing

18. With increasing LNG trade the natural gas market trade gets global Tomorrow: Global market for LNG Yesterday: Regional markets for traditional natural gas

19. In the 80‘s and beginning of 90‘s supply of gas was considered to be abundant Security of supply was not a real issue Gas regulation was done along the lines of electricity regulation Regulatory frameworks were different in the past

20. Despite different value chains the regulatory systems were similar National Regulation Electricity National Regulation Super- national market Global market Gas Production Transmission Distribution Business levels

21. Regulatory frameworks should reflect market realities Today’s market is a sellers market with increasing global competition Major players also in the future Security of supply is crucial Investments in the gas infrastructure are done only if they are profitable

22. Major challenge: Co-ordination of regulatory regimes Co-ordination of legal systems to support venture investments in infrastructure Adjusting regulatory frameworks require - exchange of information between consumer and producer countries - mutual understanding of each others interersts Regulatory systems worldwide are currently being adjusted

23. Conditio sine qua non for a healthy gas business climate

24. Mutual dependency between consumers and producers can secure long-term relations The process of adapting the regulatory framework should be part of broader energy policy and foreign policy Energy policy should aim at long-term relations to achieve stability

25. Friday, 09 October 2015 Thank you for your attention! See you in Buenos Aires! 24 rd World Gas Conference and Exhibition October 5 – 9 2009