History of APGAS
APGAS was formed in 2004 in response to the APEC Energy Ministers' endorsement of the facilitation of a competitive, open and transparent marketplace for gas.
It seeks to create consensus on the steps necessary to promote cross-border trade in natural gas by bringing together APEC Member States, energy policymakers, regulators, NOCs, oil and gas suppliers and consumers, traders, and pipeline and ship owners/operators to discuss regional gas and LNG trade issues and to identify technical and commercial barriers to the creation of fully operational and interconnected gas markets.
Stakeholder representatives from governments, regulators, industry, financiers and communities critically examine the functioning and interaction of both regional and global gas markets to determine how the various players can contribute to the development of gas industry 'best practice' in the Asia-Pacific region.
APGAS provides a mechanism for government and industry to collaborate on issues that are critical to the facilitation of a vibrant regional trade in natural gas.