PROGRAMME COMMITTEE C: Developing Gas Markets

CHAIRMAN Dr. M. Farid M. Amin	VICE-CHAIRMAN João Batista de Toledo
		7th PGC C Meeting Vienna, Austria
ASCOPE Gas Centre Level 2, Block A, Lot 3288 & 3289, Off Jalan Ayer Itam, Kawasan Institusi Bangi, 43000 Kajang, Selangor Darul Ehsan, MALAYSIA	Strategic Planning Manager Gas and Power Petrobras Almirante Barroso Av., 81- 33th Floor Rio de Janeiro 20030-003, BRAZIL
Telephone:  +603 8924 0000 Telefax :       +603 8925 2044    farid@ascope.com.my	Telephone:  +55 21 33229 4650 Telefax :      +55 21  3229 4624   jbtoledo@petrobras.com.br

SECRETARY Rashdan M. Radzi, CFA

Level 75, Tower 1, PETRONAS Twin Towers Kuala Lumpur City Centre (KLCC) 50088 Kuala Lumpur, MALAYSIA   Telephone: +603 8889 1430 Telefax :      +603  2331 2950   mrashdan_mradzi@petronas.com.my

Group collaboration webpages

• Study Group C.1

• Study Group C.2

• Study Group C.3

Committee Meetings

• 1^st Meeting  (Kuala Lumpur, Malaysia || September 2006 )

• 2^nd Meeting (Seoul, Rep. of Korea || April 2007)

• 3^rd Meeting  (Rio de Janeiro, Brazil || September 2007)

• 4^th Meeting  (Penang, Malaysia || February 2008)

• 5^th Meeting  (Milan, Italy || September 2008)

• 6^th Meeting  (Port of Spain, Trinidad || March 2009)

Roundtable Meetings

• 1st Roundtable  (Rio de Janeiro, Brazil || September 2007)

PGC C in the 2006-2009 Triennium

During this triennium, PGC C will conduct case studies within regions which comprise several countries, given that gas market developments are seldom an isolated event. It is also in line with one of the strategic guidelines for the 2006-2009 triennium: “Gas market integration as a key driver for economic and social development,” for which we expect a constructive exchange with Task Force Gas Market Integration.

The analysis for each region will generally cover a wide spectrum of topics involved, mainly:

• Natural gas sourcing

• Infrastructure

• Market and economic drivers

• Competing fuels

• Legal and regulatory aspects

• Development opportunities (e.g. power generation)

• Environmental issues

• Geopolitical situation

PGC C has considered three different regions from where IGU can develop some useful learnings and knowledge:

1. South West and Central Asia (India, Pakistan, Iran, Turkmenistan and Azerbaijan)

2. South America

3. South Eastern Europe

Following the prospective horizon defined by the Argentine Presidency, the group will focus the gas supply/demand outlook through 2030.

Study Group C.1

Developing gas markets in South West and Central Asia (India, Pakistan, Iran, Turkmenistan and Azerbaijan)

Scope and Purpose.  This group will review, analyse and identify key market levers and drivers, emerging issues and challenges in developing the gas markets in India, Pakistan, Iran, Turkmenistan and Azerbaijan, and the extent of market integration. This assessment will also include geopolitical risks in some cases.

Through this work, the group will aim to:

• Offer suggestions on strategies for natural gas in terms of security and reliability of gas supply, market integration, sustainable development, and promotion of rational and responsible use of natural gas

• Submit objective views and suggestions on strategic options and action plans to promote the development of gas markets in South West and Central Asia

• Identify necessary investments in gas supply/demand chain and infrastructure, especially with regards to competition between LNG and pipelines in the transportation of gas

• Identify issues and challenges in developing gas markets in the region

• Offer strategic options in developing and expanding the gas markets

Study Group C.2

Developing gas markets in South America (from a more integrated perspective)

Scope and Purpose. Expanding from the study conducted on Brazil during the past triennium, the group will analyse and identify key market levers and drivers, emerging issues and challenges in developing the gas markets in South America from a more integrated perspective.

Through this work, the group will aim to:

• Provide an overview of key gas markets in the region

• Examine possible strategies to enhance security and reliability of gas supply, promote market integration and encourage sustainable development and the efficient utilisation of natural gas

• Offer objective views and suggestions on strategic options and action plans to promote the development of gas markets in South America, from a more integrated perspective

• Identify the necessary investments in gas supply and demand chain and infrastructures to support further growth in gas utilisation, especially on the potential of LNG (Camisea, Peru), and pipelines in the transportation of gas

• Identify issues and challenges in developing gas markets in the region, including those relating to market integration, gas pricing, financing, and the role of foreign investment

• Propose strategic options in developing and growing gas markets

Study Group C.3

Developing gas markets in South Eastern Europe

Scope and Purpose.  This study will analyse and identify key market levers and drivers, emerging issues and challenges in developing the gas markets in South Eastern Europe. Particularly, it will assess the impact of the Energy Community South Eastern Europe (ESCEE) Treaty in developing the gas markets in South Eastern Europe, including, Albania, Bosnia & Herzegovina, Bulgaria, Croatia, Macedonia, Romania, and Serbia & Montenegro.

Through this work, the group will aim to:

• Provide an overview of key gas markets in the region, including the impact of regulatory changes following compliance with the ESCEE Treaty

• Assess the role gas could play in sustainable enabling economic development in the region, and recommend strategies to enhance security and reliability of gas supply, foster market integration and promote rational and responsible use of natural gas

• Offer objective views and suggestions on strategic options and action plans to promote the development of gas markets in South Eastern Europe

• Identify and assess the key market levers or drivers that shape the gas markets, including geopolitical risks in some countries

• Identify necessary investments in gas supply/demand chain and infrastructures

• Identify issues and challenges in developing gas markets in the region