Western Australia’s oil and gas industry is getting set for one of the global industry’s biggest trade shows, to be held in Perth later this month.
Already the biggest event of its type in the Southern Hemisphere and one of the biggest in the world, organisers are tipping the 2005 AustralAsian Oil & Gas (AOG) Exhibition to be the biggest in its 23-year history with about 300 companies from all parts of the globe participating.
In conjunction with the three-day AustralAsian Oil & Gas (AOG) Exhibition will be the two-day AOG 2005 Conference, which is being staged by Swan Exhibitions.
According to event organisers close to $20 billion in new project developments will be detailed in presentations by high ranking officials from companies such as Oil Search Ltd, ROC Oil, AWE, Methanol Australia and Hardman Resources.
Appearances by India’s leading gas importer and domestic marketer, GAIL executive director Shri A K Ray, and British Prime Minister Tony Blair’s special representative and former UK energy minister, Brian Wilson, are also scheduled.
GAIL recently announced that it is inviting expressions of interest for long-term (20 to 25 years) and short-term LNG (five to 10 years) from prospective LNG suppliers.
Highlighting Australia, Malaysia and Indonesia as frontrunners to meet its needs, a GAIL spokesman said the imported LNG shipments were likely to begin in late 2005 and early 2006 and are expected to mature to 15 million tonnes annually by 2007.
That announcement was further good news for local LNG suppliers who are facing significant competition to meet new demand from markets in China, South Korea, the US and Japan.
The exhibition and conference are to be held at the new Perth Convention Exhibition Centre later this month.