Sustainable Economic Development Through Natural Gas and LNG & Advantages of Conversion of Existing Energy Assets

Natural gas has a positive effect on economic development. Its use benefits industry and transport, reduces emissions, and diversifies the energy matrix. The versatility of LNG has allowed countries without local production to access natural gas in a sustainable manner and in relatively short time. Additionally, the natural gas industry supports hundreds of thousands of jobs in the region. This session will discuss how the natural gas industry can support sustainable economic development in the region, including how converting existing energy assets to natural gas, rather than building new plants, can generate cost savings, increase the efficiency of the plants and extend their useful life.

10:00 – 10:05 Welcome and Introductions
Juan Cruz Monticelli, OEA
Lucas Barreiros, BID

10:05 – 10:15 Expert Presentation
Carlos de Regules, Partner, Deloitte. See presentation, here.

10:15 – 10:30 ABD Presentation on Recommendations
Riley Smith, Policy Advisor – Global Gas and LNG Market Development, American Petroleum Institute. See presentation, here.

10:30 – 11:05 Public-Private Dialogue on Implementation and Private Sector Support

11:05 – 11:15 Next Steps