Energy Leaders to Discuss Future of Gas at 4th Budapest LNG Summit


The 4th edition of the Budapest LNG Summit, the leading gas conference in Central Eastern Europe, will take place on April 4, 2023, in Budapest, Hungary, bringing together top-level industry leaders, experts, and policymakers from all over the world to discuss the driving trends of the LNG and gas market. The 4th Budapest LNG Summit is organized under the auspices of Péter Szijjártó, Hungary’s Minister for Foreign Affairs and Trade, who will open the event.

The current energy crisis put security of supply back on the agenda as international prices rose to record highs. The crisis also led to increased demand for liquefied natural gas (LNG), which plays a critical role in providing flexibility. In the current context of high uncertainty, it is important to come together and address the most pressing questions of the future of the gas market.

How have supply and demand dynamics shifted, and what does the future hold for the LNG industry?

The 4th edition of the Budapest LNG Summit is focusing on the up and coming LNG region of Central & Eastern Europe, connecting regional demand with the international supply chain. The conference is a well established meeting point of major gas and LNG stakeholders from the CEE region and beyond, who will come together on 4 April in Budapest to review how the sector has coped so far with the challenges and adjusted to the new normal.

The event brings together the most important players of the regional gas market who will present the latest developments of the strategic infrastructure and how it contributes to the diversification and security of gas supply. The speakers of the event includes Teodora Georgieva, executive officer and board member of ICGB AD who will present how the Interconnector Greece Bulgaria transforms the energy map of the region and contributes to regional and European energy security.

Another important milestone of last year was the decision to double the capacity of the Krk LNG terminal in Croatia. Hrvoje Krhen, managing director of LNG Croatia, the operator of the Krk terminal will also speak at the summit to show how the expansion of the terminal will repositon Croatia on the regional energy map.

In the meantime, Romania may come closer than ever to starting construction of its Neptun Deep gas project. Franck Neel, member of the executive board of OMV Petrom will speak at the conference about the potentials of the Black Sea resources contributing to the region’s energy security.

However, the region’s energy security hinges on the outcome of the war in Ukraine. Mykola Kolisnyk, Deputy Minister of Energy of Ukraine will speak at the summit about the state of the country’s energy infrastructure and how to rebuild it.

The 4th Budapest LNG Summit also provides an overview of the global gas market, with speakers coming from all over the world to share their insights on the future of LNG, such as Imran Mohammed from the gas market analysis department of the Gas Exporting Countries Forum (GECF) who will present the outlook of the global gas market.

The event will be held in Hotel Marriott Budapest with a full-day program and a truly international scope to bring together the energy community of the CEE region. For further information visit the website of the conference.

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