Geopolitics of Gas Capstone Conference

Wednesday, May 26, 2004
12:00 AM - 5:30 PM
(Pacific)
James A. Baker III Institute for Public Policy, Rice University

The conference seeks to take a fresh look at the geopolitical consequences of a major shift to natural gas in the coming decades; indeed by most estimates global consumption of gas will double by 2030. But in the ares of highest projected demand - North America, Europe, China, and South and East Asia - demand is expected to outstrip indigenous supply. This implies the need for a huge amount of investment in the expansion of cross border gas transport infrastructure to bring gas from supply centers - particularly Russia and the Middle East.

What are the geopolitical implications of a more gas-intensive world? What can the history of cross-border gas infrastructure investment tell us about the political, economic, and legal issues we are likely to face as we become more dependent of natural gas? Is there a "resource curse" for gas? What is the likelihood that gas producers form a cartel to control prices - a Gas OPEC?

Hosted by former Secretary of State James Baker, the Geopolitics of Gas: From Today to 2030 conference will bring together experts from industry and academia to discuss these questions and more. PESD and the Baker Institute will present results from historical case studies of major cross-border gas infrastructure investments and results from the first integrated global gas trade model; keynote speakers include the Minister of Energy and Mines for Algeria.