Data from related international organization shows, Asia Pacific economy will still be increasing at a higher rate in 2008, and average rate of increase in emerging economies and developing countries is expected to reach 8.2%. Rapid and continuous economy growth makes Asia Pacific region biggest energy-consuming area in the world and demand of oil/natural gas in coming future will keep increasing steadily. Facing the intensified conflict between energy supply and demand and soaring of international oil price, more and more countries and areas have turned their sight to a new potential opportunity—unconventional oil and gas resources. Experts predict 70% of future global oil and natural gas reservoir will come from unconventional oil and gas, natural gas hydrate,etc.However at present, downstream development and quite some problems on exploration and utilization of unconventional energy in APAC are urgent to be solved.
The summit will provide a great platform to discuss the latest development of world unconventional resources, share successful experience in unconventional oil and gas exploration and production, learn related policies in different countries, brainstorm successful models for international cooperation and project financing, focus on the technology innovation and project risk prevention, introduce CDM and explore the large scale commercialization opportunity for unconventional energy in downstream market.