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0 - Press Conference - Introduction by Mr. Willy Bosmans, President of Eurogas 19 May, 2005, Hotel Hilton Vienna.

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Presentation on theme: "0 - Press Conference - Introduction by Mr. Willy Bosmans, President of Eurogas 19 May, 2005, Hotel Hilton Vienna."— Presentation transcript:

1 0 - Press Conference - Introduction by Mr. Willy Bosmans, President of Eurogas 19 May, 2005, Hotel Hilton Vienna

2 1  What is Eurogas ?  Gas demand trends  Major challenges About Eurogas

3 2 EUROGAS Membership since June 2004 30 MEMBERS (10 National Federations / 20 corporate members) 21 COUNTRIES

4 3 ו Madrid Regulators’ Forum ו …

5 4 Gas Demand Trends Source: Report from Eurogas members % Demand Increase Market Share of Primary Energy

6 5 2005 Natural Gas sales by sector (EU 25)  Fast growing dependency on external sources : over 70% imports by 2010 from non EU countries

7 6 EU 15 Natural Gas Demand & Supply Outlook 2003-2025

8 7  Need for additional gas  Need for new investments Conditions : - European Gas companies with critical mass to take the risk for investments - Long term contracts and spot markets - Supportive and stable regulatory environment - Dialogue with major producing areas Policy Implications

9 8 ▫Eurogas developed comprehensive views ▫Full implementation of the second gas directive ▫No new legislation without economic impact assessment ▫Smooth functioning of system to be monitored ▫Partnership of Eurogas, Commission and other stakeholders Commitment to promote an efficient internal gas market

10 9  Gas can positively contribute to the goal of the Kyoto protocol since CO2 produced by natural gas combustion is 25-30% lower than petroleum products and 40-45% lower than coal.  Gas is a fuel of choice for consumers with growing use for power generation and has major applications in the commerce, industry and domestic fields  New applications to be promoted e.g.– using gas as a vehicle fuel can reduce the impact of the transport sector on global warming. Contribution to environment by natural gas

11 10 The new Eurogas organisation 2005 GENERAL ASSEMBLY PRESIDENT Executive Committee GOVERNING BOARD Finance Committee(Wise Men Task Force) SECRETARIAT GENERAL Coordination Mechanism POLICY ISSUES Committees HIGH LEVEL ADVISORY Committees System User Committee Incl. Madrid Forum Supply and Markets Development Committee Strategy Committee (Incl. Investment & Infrastructure) Distribution Committee Legal Affairs Committee Statistics & Forecasting Committee Taxation Committee External Communication Committee Social Affairs Committee Joint Environment Committee Security Officers Committee


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