The 4th IEA-IEF-OPEC Symposium on Gas and Coal Market Outlooks was held at IEA Headquarters in Paris on 6 November, bringing together more than 100 participants, including experts, government officials, business leaders and representatives from the gas and coal industries.
Senior experts from the three hosting organisations along with the GECF and IGU discussed the future of the natural gas and coal market from a short-medium and long-term perspective. Meanwhile, industry experts from Snam S.p.A, Shell and Cheniere Energy presented on natural gas infrastructure capacity, unlocking investment in natural gas and the rise of LNG. From a coal perspective, Dr Sun Xiansheng, Secretary General of the IEF moderated an important discussion on coal outlooks and its ongoing evolution given the growing role of natural gas and renewables.
The last session centred on the competition between natural gas and coal and implications such a dynamic has on long-term sustainability. Discussion revolved around sustainability in gas and coal supply chains, clean technologies and energy transitions.
The Symposium on Gas and Coal Markets Outlooks is jointly organised by the International Energy Agency (IEA), the International Energy Forum (IEF) and the Organization of the Petroleum Exporting Countries (OPEC), in accordance with the outcomes of the 12th IEF Ministerial International Energy Forum (Cancun, 2010) and the G20 Leaders’ Summit (Cannes, 2011) that called for “continued annual dialogue between producers and consumers on short-, medium- and long-term outlooks and forecasts for oil, gas and coal.”