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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Liquefied Natural Gas Limited    LNG   AU000000LNG0

LIQUEFIED NATURAL GAS LIMITED

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Liquefied Natural Gas : Qatar Petroleum - Qatar to host LNG2025 the 21st International Conference and Exhibition on Liquefied Natural Gas

07/29/2020 | 09:00am EST

The LNG Events Series Steering Committee has announced that Qatar has been selected as the host country for LNG2025, the 21st International Conference and Exhibition on Liquefied Natural Gas.

Professor Joe M. Kang, the Chair of the LNG Events Series Steering Committee, the International Gas Union (IGU) President, made the announcement marking the conclusion of a competitive process to decide the event's 2025 host.

Prof. Kang, representing the three owners of the event: the IGU, the Gas Technology Institute (GTI), and the International Institute of Refrigeration (IIR), said, 'Qatar's key role in the future of the global LNG industry and the innovations it has proposed for LNG2025 made it an ideal host for the world's premiere LNG industry event.'

This will be the second time this global LNG event takes place in Qatar. The first time was in 2004, when Doha hosted LNG 14.

His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, said, 'We are pleased to be awarded the hosting rights for this prestigious global event to convene at the home of the world's largest LNG producer. LNG2025 will be held at the right time, in the right place. It will coincide with a number of relevant historic events for the LNG industry including the start-up of the North Field LNG expansion project and the commissioning of one of the largest Carbon Capture and Storage schemes in the world, which will showcase to the world our strong commitment to the environment. LNG vessel deliveries under the largest LNG ship construction program in history will also be well underway at that time.'

Held every three years, the International Conference and Exhibition on Liquefied Natural Gas is the industry's most recognized LNG event, and is attended by thousands of delegates, speakers, exhibitors, trade visitors, and other industry professionals. The last edition, LNG2019, was held in Shanghai and the upcoming LNG2022 will be hosted in St. Petersburg, Russia.

The bid to host LNG2025 highlighted Qatar's position at the forefront of the LNG industry, and its state of the art facilities and infrastructure that would make this event a memorable and most productive one. Holding the event in Qatar highlights the positive role gas and LNG can play in meeting growing global energy needs while at the same time reducing CO2 emissions, by showcasing the industry's innovation at the LNG capital of the world.

Contact:

Web: http://www.qp.com.qa

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2019 - - -
Net income 2019 -33,5 M -24,7 M -24,7 M
Net cash 2019 19,8 M 14,5 M 14,5 M
P/E ratio 2019 -3,98x
Yield 2019 -
Capitalization 24,8 M 18,0 M 18,3 M
EV / Sales 2018 -
EV / Sales 2019 -
Nbr of Employees -
Free-Float 83,6%
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Gregory M. Vesey Chief Executive Officer & Managing Director
John G. Baguley Chief Operating Officer
Michael Reed Mott Chief Financial Officer
D. Michael Steuert Independent Non-Executive Director
Joseph B’Oris Chief Development Officer
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