Europe is struggling to wean itself off its dependency on Russian gas. This will require some fuel switching and energy savings in Europe itself. However, as this takes time, Europe will have to rely more on imports of LNG. Europe and Asia will thus become competitors in the global LNG market. What does it mean for the market itself and what will be the impact of higher LNG prices on Asian demand? What is the short-term potential for fuel switching in Asia?
How will Europe and Asia cooperate to ensure the smooth functioning of the LNG market?
Opening Remarks:
Ambassador Toru Morikawa, Executive Director, Asia-Europe Foundation
Speaker:
Daniel Gros, Distinguished Fellow, CEPS
Jacqueline Tao, Analyst, TransitionZero
James Henderson, Director, Energy Transition Research Initiative & Chairman, Gas Research Programme, Oxford Institute for Energy Studies
Moderator:
Weinian Hu, Research Fellow, CEPS
In cooperation with: