logo
Energizing a Sustainable Future: The 29th World Gas Conference Opens in Beijing

Energizing a Sustainable Future: The 29th World Gas Conference Opens in Beijing

The Sun20-05-2025

BEIJING, CHINA - Media OutReach Newswire - 20 May 2025 - On the morning of May 20, the 29th World Gas Conference (WGC2025) opened at the China National Convention Center in Beijing. This marks the first time in the nearly 100-year history of the World Gas Conference that the event is being held in China. As one of the three flagship events of the International Gas Union (IGU), this year's conference is themed 'Energizing a Sustainable Future.' It has brought together more than 3,000 delegates from 70 countries and regions around the world to engage in in-depth discussions and consensus-building on global energy transition, the development of the natural gas industry, and pathways to a sustainable future.
The opening ceremony was chaired by Mr. Cao Yujun, Chair of the National Organizing Committee (NOC). Speeches were delivered by Li Yalan, President of the International Gas Union; Yin Yong, Mayor of Beijing; Wan Jinsong, Deputy Director of the National Energy Administration; Patrick Pouyanné, Chairman and CEO of TotalEnergies; and Dai Houliang, Chairman of China National Petroleum Corporation (CNPC).
Li Yalan, emphasized that amid multiple global challenges such as climate change, energy security, and geopolitical tensions, natural gas — with its advantages of abundant reserves, cleanliness, efficiency, and cost-effectiveness — is becoming an indispensable pillar of the global energy mix. She noted that China, as the world's largest importer of natural gas and LNG, is drawing growing international attention for its development model. In particular, she highlighted how Beijing has leveraged natural gas to significantly improve air quality, offering a replicable model for other developing countries.
Yin Yong stated that Beijing firmly implements the country's new energy security strategy and continues to promote the green and low-carbon transformation of the energy structure. Currently, natural gas accounts for more than 35% of Beijing's energy consumption. Through initiatives such as coal-to-gas conversion, the city has achieved a more than 60% reduction in average annual PM2.5 concentrations and nearly a 50% decrease in carbon intensity over the past decade. He reaffirmed Beijing's commitment to opening up and deepening international energy cooperation while promoting sustainable urban development.
Wan Jinsong noted that China's energy production and consumption continue to grow, with increasingly robust infrastructure and a nationwide unified gas network essentially completed. He emphasized significant improvements in natural gas dispatching and emergency response capacity. He said breakthroughs were seen in deep-earth, deep-sea, and unconventional resource development, helping boost output of natural gas. Wan proposed four key initiatives: enhancing supply capabilities to serve global public welfare, prioritizing ecology in green development, empowering the energy system through digital transformation, and improving governance via multilateral cooperation. He called for continued openness and win–win collaboration to jointly build a secure, efficient, clean, and low-carbon global energy system.
Patrick Pouyanné highlighted TotalEnergies' efforts to maintain its leadership in the conventional oil and gas market while actively participating in the global energy transition. He reiterated TotalEnergies' commitment to achieving net-zero emissions by 2050 and to furthering international cooperation to build a diversified, clean, secure, and sustainable energy future.
Dai Houliang introduced CNPC's recent breakthroughs in deep oil and gas exploration, including the successful completion of a 10,000-meter ultra-deep drilling mission and continuous progress in unconventional resource development. As Asia's largest and the world's second-largest energy company, CNPC plays a key role in safeguarding national energy security and consistently undertakes critical supply missions during peak winter and summer periods. He stressed CNPC's unwavering commitment to green transition, accelerating the integration of oil, gas, and new energy, and building a synergistic, multi-energy system. As the only Chinese member of the Oil and Gas Climate Initiative (OGCI), CNPC will continue to actively participate in global climate governance, contribute to China's carbon peak and carbon neutrality goals, and help extend the benefits of green development to more countries, clients, and communities, he said.
Following the speeches, Mr. Cao Yujun, Chair of the NOC, invited Yin Li, Secretary of the Beijing Municipal Committee of the CPC; Yin Yong, Mayor of Beijing; Li Yalan, President of the IGU; Wan Jinsong, Deputy Director of the National Energy Administration; Li Xiaolong, Vice Minister of Housing and Urban-Rural Development; Dai Houliang, Chairman of CNPC; and Patrick Pouyanné, Chairman and CEO of TotalEnergies, to jointly inaugurate the opening ceremony. As the countdown reached zero, the main screen lit up with the words 'WGC2025 Officially Opens,' and the venue erupted in enthusiastic applause—marking the official launch of the 29th World Gas Conference.
According to schedule, WGC2025 will feature more than 80 high-level forums covering topics such as LNG development, natural gas and renewable energy integration, energy security, and digital transformation. More than 400 distinguished guests will engage in deep dialogue on industry trends and technological innovation. The concurrent exhibition spans 50,000 square meters — the largest in the event's history — and is expected to attract more than 30,000 professional visitors from China and abroad.
The 29th World Gas Conference (WGC2025) is presented by the International Gas Union, hosted by Beijing Gas Group, and exclusively organized by Capital Convention & Exhibition Group.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

OPPO Licenses Cellular Standard-Essential Patents to Volkswagen Group for Connected Vehicles
OPPO Licenses Cellular Standard-Essential Patents to Volkswagen Group for Connected Vehicles

The Sun

time30 minutes ago

  • The Sun

OPPO Licenses Cellular Standard-Essential Patents to Volkswagen Group for Connected Vehicles

SHENZHEN, CHINA - Media OutReach Newswire - 5 June 2025 - Leading smart device company OPPO today announced the signing of a global patent licensing agreement with Volkswagen Aktiengesellschaft (hereafter referred to as Volkswagen) to license OPPO's cellular standard-essential patents portfolio to the group, including 5G. Under the agreement, OPPO's cellular standard-essential patents will be licensed to Volkswagen to enhance user experiences for its connected vehicle offerings across its global product lineup. 'We are delighted to collaborate with Volkswagen through this patent licensing agreement,' said Vincent Lin, Head of Patent Licensing at OPPO. 'Volkswagen IP team's hard work and foresights in recognizing the value of this cooperation are highly appreciated. This partnership is further recognition of OPPO's leadership in cellular technology innovation and our commitment to creating a long-term, healthy and sustainable intellectual property ecosystem that empowers long-term innovation and industry growth.' 'The partnership with OPPO is an example of efficient, respectful, business focused collaboration in the space of licensing of Standard Essential Patents,' said Robin Cefai, Chief IP Licensing Officer at Volkswagen. It illustrates Volkswagen's willingness to recognize the value of IP and find sustainable solutions for all parties. Marking OPPO's first ever bilateral patent licensing agreement with a connected-car company, the collaboration reflects the broader adaption of OPPO's cellular standard-essential technologies beyond smartphones, especially in the automotive sector. OPPO's 5G SEPs are currently distributed in over 40 countries and regions globally, and according to LexisNexis® IPlytics, a leading patent analytics platform, OPPO ranked eighth globally in overall 5G patent strength as of January 2025. As of March 2025, OPPO has filed over 113,000 patent applications and holds more than 62,000 granted patents globally. OPPO continues to invest in core technology areas including 5G/6G, artificial intelligence, charging, imaging, and video, reinforcing its position as a global leader in innovation and high-value intellectual property.

National Youth Council, KPMG in Singapore and Institute of Public Relations of Singapore (IPRS) co-design youth action programme for youths to drive social sustainability projects with industry mentors
National Youth Council, KPMG in Singapore and Institute of Public Relations of Singapore (IPRS) co-design youth action programme for youths to drive social sustainability projects with industry mentors

The Sun

time31 minutes ago

  • The Sun

National Youth Council, KPMG in Singapore and Institute of Public Relations of Singapore (IPRS) co-design youth action programme for youths to drive social sustainability projects with industry mentors

• Launch of Gen2050, a structured accelerated programme to drive youth action in the area of social sustainability with an engagement series on key social issues • Avails opportunities for youths from all backgrounds to start ground-up initiatives with the support of industry mentors and subject matter experts • Provides youths with critical skillsets such as stakeholder management and seed funding to advance innovative ideas SINGAPORE - Media OutReach Newswire - 5 June 2025 - The National Youth Council (NYC), KPMG in Singapore and Institute of Public Relations of Singapore (IPRS) today unveiled a youth action programme, Gen2050, to nurture youths' ability in tackling pressing societal challenges. The tripartite collaboration aims to bring together expertise and support of the public, private and non-profit sector in the areas of youth engagement, industry perspectives and mentorship. Two-prong programme to enable youths to drive meaningful change As part of commemorating SG60, Gen2050 seeks to equip more than 1,000 youths with practical skills to influence, mobilise and drive meaningful change. The programme aims to reach out to youths of all backgrounds, including students with disadvantaged backgrounds, to provide easy access to critical skills and competencies including social entrepreneurship, problem solving, stakeholder management, and knowledge to develop impactful and scalable solutions. Gen2050 offers two tracks - a structured programme with four key modules led by industry experts who will share insights to help participants develop and refine their ideas, and receive funding and mentorship to pilot them. The mentorship process also allows students to be plugged into professional networks where they get to discover potential career paths. Following the programme, selected participants of this track may be considered for national youth leadership programmes. The second track features a curated series of youth engagements that offer youths the opportunity to directly engage with policymakers, industry leaders, and peers to discuss critical societal issues like the impact of artificial intelligence on jobs, equitable access to digital skills and mental wellness. These insights from these engagements will support the development of the SG Youth Plan, a five-year action plan that holds the hopes and aspirations of young Singaporeans for themselves and for Singapore, and outlines how youth, supported with opportunities, platforms, and resources, can take action to do good for Singapore with the support from the rest of society. Gen2050 demonstrates how public-private collaboration amplifies youth-driven impact. NYC brings its expertise in youth engagement and understanding of the youth landscape, KPMG supports programme implementation with industry insights and its Leaders 2050 network of young professionals focused on driving positive impact. IPRS equips youths with strategic communication skills to augment the impact of their solutions. 'This tripartite collaboration demonstrates how the whole of society, and not just government, can collaborate as a collective to give our young people opportunities to learn, grow and drive impact at the same time,' said David Chua, Chief Executive Officer of NYC. 'And if they do not succeed in implementing their ideas, they will still gain invaluable lessons, connections and insights that will shore up their confidence. We also aim to give youths with less access the opportunity to go through this programme.' 'Young people have the passion and energy to address the pressing challenges of our time, from social sustainability to climate change,' said Lee Sze Yeng, Managing Partner, KPMG in Singapore. 'Channelling that restlessness into collaborative movements that drive meaningful progress is not straightforward. At KPMG, our experience with global youth programmes gives us a deep understanding of our next generation talents' challenges and potential. Through Gen2050, we are dedicated to equipping youth with the guidance, skills and networks they need to transform their aspirations into impactful, lasting change.' Ross Gan, President of IPRS, said, 'Great ideas often make their biggest impact when they are clearly and authentically communicated in a manner that rallies others to the vision. At IPRS, one of our focus areas is on equipping youth and participants with practical strategies and skills to sharpen their messaging, build credibility, and drive action, ensuring their go-to-market solutions translate into real-world, measurable outcomes.'

Indonesia Cements Status as China's Top ASEAN Partner with Historic Currency Pact – EBC Financial Group Insights
Indonesia Cements Status as China's Top ASEAN Partner with Historic Currency Pact – EBC Financial Group Insights

The Sun

timean hour ago

  • The Sun

Indonesia Cements Status as China's Top ASEAN Partner with Historic Currency Pact – EBC Financial Group Insights

JAKARTA, INDONESIA - Media OutReach Newswire - 5 June 2025 - As one of China's largest ASEAN trading partners, with bilateral commerce reaching USD147.80 billion in 2024 (6.1% YoY growth), Indonesia has solidified its economic ties with China. During Chinese Premier Li Qiang's state visit ahead of the ASEAN-GCC-China Summit, the two nations signed four new MoUs—most critically, an upgraded Local Currency Settlement (LCS) pact between Bank Indonesia (BI) and the People's Bank of China (PBOC). EBC Financial Group (EBC), a leading brokerage firm, examines how this agreement redefines Indonesia's economic resilience. Sectoral Wins: The Foundation for Deeper Ties The accords support Indonesia's LCS framework across key sectors. Trade and tourism will benefit from streamlined visa policies, targeting 2 million Chinese visitors in 2025. A USD5 billion commitment for twin industrial parks (Fujian-Batang SEZ) will create over 100,000 jobs. Soft power initiatives, like joint TB vaccine research and media collaboration, strengthen people-to-people ties. The LCS Breakthrough: Financial Sovereignty in Action The BI-PBOC agreement enables Rupiah-Yuan use in capital accounts, offering three advantages: • Trade Shield: Bilateral trade (USD147.80B in 2024, +6.1% YoY) avoids costly USD conversions for exports like palm oil and nickel. • Rate Cut Buffer: BI gains flexibility with 5.3% of reserves in yuan, easing policy without destabilising the Rupiah. • BRICS Leverage: Access to New Development Bank funding supports President Prabowo's USD20B infrastructure agenda, reducing dollar reliance. 'This isn't just about cutting transaction fees—it's a recalibration of Indonesia's financial DNA,' says David Barrett, CEO of EBC Financial Group (UK) Ltd. 'By enabling Yuan-backed trade and investment flows, BI is building a hedge against Fed policy shocks.' ASEAN's New Template: Unity Amid Global Realignments China-ASEAN trade hit USD330B (Jan-Apr 2025, +9.2% YoY), with Indonesia leading regional integration. The upgraded CAFTA 3.0 and ASEAN-GCC-China Summit highlight diversified economic partnerships. As Barrett notes, 'Indonesia is crafting a blueprint for monetary diversification. The Local Currency Settlement (LCS) deal illustrates how mid-sized economies can reduce overreliance on a single dominant currency, balancing regional cohesion with global standards.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store