Gas is more and more popular as a clean fuel and considered as the first choice by many countries in the world. As the liquid state of gas, LNG can save a lot of storage space and cost, with the feature of big BTU and high quality. The LNG production and trading are much dynamic for the recent years. The LNG investment will definitely become one of the biggest investments of the world.

In Asia region, the old LNG consumption pattern whick is led by Japan and Korea is changing obviously as the rapic development of LNG market in China, India etc. Asian buyers take much concern about how to secure the LNG supply for their own country. In 2009, global gas consumption declined for the first time in the past decade and the price of gas in the key markets in Europe, South-America and Asia-Pacific sharply dropped. However, the consumption in Asia is still increasing. As the new LNG plant projects in the key LNG production countries are under construction or ready in use, the buyer market feature emerges. Will the future LNG be supply exceeding demand or the opposite? The Asia LNG industry is facing new opportunities and challenges when it gets to how to accurately predict the LNG price in the changeable international energy market, how to reduce the risk and how to adjust the domestic gas price and optimize the infrastructure.

5th Asia LNG Summit 2010 is an annual event aimed to discuss the LNG market trend and development, promote the international cooperation, and share the project and technology experience, which is considered to be a best way to communicate with the elites in the LNG industry. 5th ALS2010 will gather around the decision makers from the global leading NOCs and IOCs and make an intensive discussion in terms of the latest LNG trend, cooperation opportunity, core technologies, industry risk, engineering financing and HSE.