Building the Future - Gastech 2014 in Korea

The next Gastech conference, the 41st in its history, will take place in South Korea in March this year. Bringing together a large amount of industry professionals, the event will last for four days and will allow company repre­sen­ta­tives, including several from BS Stainless, to learn about and discuss the latest developments in the Liquid Natural Gas (LNG) industry. As South Korea remain one of the largest global consumers of LNG, this year’s location of the Gastech conference is highly significant.

The first Gastech conference and exhibition was held in London in 1972. Since that time, Gastech has continued to occur every 18 months at various locations around the world, including Malaysia, Thailand, the United Kingdom, Germany and Qatar. As the LNG industry is heavily dependent on an array of stainless steel components, BS Stainless have continued to maintain an active presence at the Gastech exhibition.

South Korea consume a large amount of LNG and are also one of the key global manufacturers of gas and oil tankers. With a fast-growing economy, the country has great strategic importance in the LNG sector, surrounded as it is by important LNG import/export countries such as Japan, Taiwan, Russia and China; each of these countries is heavily influenced by the significance of South Korea in the growing Asian demand for LNG. In 2013, South Korea supplied orders for 40 tankers to carry LNG, representing almost 70% of the total LNG-tanker orders globally and creating thousands of jobs in the process.

The four-day Gastech conference, hosted by the South Korean National Oil Company, will take place from the 24th till the 27th March 2014 and will include a variety of keynote speeches, panel debates and technical presentations from more than 300 international exhibitors; 120 speakers and representatives are also scheduled to address the diverse range of conference visitors. Topics include liquefaction, Natural Gas Vehicles (NGVs), power generation, pipeline infrastructure and offshore & sub-sea technology. There will be a focus on understanding how current events and predicted future events will shape the LNG economy in coming years, seeking to improve future performance and high-level one-to-one networking.

BS Stainless are already actively supplying a range of stainless steel products to the South Korean LNG industry though we are fully aware of the growing potential for further development in the region as the country continues to gain prominence.­ BS Stainless representatives attending this important exhibition are looking forward to exhibiting our superlative range of stainless steel including banding fixed with our new Bandfix® ECO spring and showing the LNG industry how we can facilitate its vital work in the future with our industry leading products.

For more information on Gastech 2014, please visit the official website at http://­www.­gastechkorea.­com. You can also contact our dedicated customer service team on +44 (0)1772 337555 or by email at BS Stainless- your partner for stainless steel.

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