On October 17 at the second Asian shale gas summit (Shanghai) 2012 "on, South Korea energy management and safety institute director, South Korea hanyang university associate professor YounkyooKim called on China, South Korea and Japan's third party to strengthen the natural gas energy project cooperation and common form a natural gas futures market.
YounkyooKim said, liquefied natural gas (LNG) technique appears to solve the long distance transportation of natural gas and so on, and speed up the global natural gas trade. Currently the world's largest LNG import kingdom Japan and South Korea. Japan and South Korea LNG imports accounted for 48% of global LNG imports. In recent years, China's LNG import also maintained a rapid growth trend.
YounkyooKim think, at present in the northeast Asia, Russia is natural gas mainly supply party, and China, Japan and South Korea is the main consumption party and home-textile. The republic of Korea tripartite should be strengthen in the natural gas energy project cooperation, common to set up joint venture company, to build a natural gas futures market, and to realize the reasonable pricing of natural gas.
As shale gas development steadily, YounkyooKim expected future global gas production and consumption center may be transferred to China and the United States. The United States currently has a shale gas revolution has made the global natural gas supply and demand structure change, originally from Qatar in the importation of large quantity of natural gas of the United States, now has achieved self-sufficiency. China shale gas resource is rich, and positively to advance in the shale gas exploration and development, estimated in the future China's impending shale gas revolution may also to the global natural gas supply and demand structure have great influence