AGPS to connect buyers in Asia and international sellers

While concluding his speech at the 8th Asia Gas Partnership Summit, Prime Minister of India, Dr. Manmohan Singh described the event as the bridge between the Asian buyers and international sellers. He also said the event may lead to strong partnerships in the industry as well.

While discussing the theme of the event he said “The theme of this summit – ‘Asian Gas Market: Challenges & Opportunities in the changing Paradigm’ is of great importance given the huge demand for natural gas in Asia, and the rapid developments which have recently taken place in the oil and gas sector. I am sure the summit will help in finding creative solutions leading to stronger partnerships between buyers in Asia and international sellers. Despite having a huge demand for natural gas, countries like India are not able to secure adequate volumes owing to differences in price expectations between buyers and sellers. I hope this and other similar issues will be addressed during this two day event.”

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