Use of International Standards in LNG Markets
The U.S.-Asia Gas Partnership (AGP) is a public-private partnership that aims to optimize gas network infrastructure planning and develop domestic gas markets across the Indo-Pacific. The objective of the AGP is to share best practices in the development of secure, reliable, and economic sources of natural gas. With a long-term vision to enable the creation of a regional gas market, the AGP facilitates a shared understanding between government officials and the private sector about the technical, commercial, and economic factors that spur investment.
This API-USEA-USAID webinar will cover how standards play an integral role in attracting project investment, protect workers and the environment, and reduce regulatory complexity for governments. The American Petroleum Institute (API) manages over 700 natural gas and oil standards, which thousands of companies rely on every day while operating around the world, in every segment of the industry. Topics to be presented in this webinar include how API standards are developed in a consensus-based committee process, how companies and governments can access and utilize API standards, and specifically, how governments may reference comprehensive standards in their regulations and laws.
Additionally, participants will hear from the U.S. Trade Representative’s office on how international standards can help economies meet the requirements of the World Trade Organization (WTO) Technical Barriers to Trade (TBT) agreement.
Note: This webinar will take place on Thursday, October 1st, 2020 9:00 am BKK, 7:30 am IST (10:00 pm EDT on Wednesday, September 30th). Please send any questions to Sarah Blanford at [email protected].
Overview of AGP
In 2019, the U.S. Agency for International Development (USAID) launched the U.S.-Asia Gas Partnership (AGP). AGP convenes a diverse set of stakeholders to optimize gas network infrastructure planning, in collaboration with the U.S. Energy Association (USEA) and the National Association of Regulatory Utility Commissioners (NARUC), to develop domestic gas markets in Asia. AGP supports strategic planning to promote the development of resilient and least-cost power systems that will continue to meet demand over time.
The objective of the AGP is to share best practices in the development of secure, reliable, and economic sources of natural gas. Practical training and strategic advice targeted at ministries and regulators aims to drive more informed policy and decision-making. With a long-term vision to enable the creation of a regional gas market, the AGP will facilitate a shared understanding between government officials and the private sector about the technical, commercial, and economic factors that spur investment.