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Dr. Hooman Peimani, A Renowned Canadian Energy Economist, Gives Academic Lecture

  On the morning of April 30th, Dr. Hooman Peimani, a renowned Canadian energy scientist, delivered a wonderful lecture at the laboratory of the Energy and Environmental Policy Research Center. Professor Tang Junjun, vice dean of the School of Management and Economics, and other teachers and students from the center attended the lecture.

  

  The lecture was based on Dr. Hooman Peimani's latest research, entitled "Will the market expand or shrink? The fate of Asia Pacific and LNG." In the lecture, Dr. Hooman Peimani mentioned that in the past, due to the growing global demand for natural gas, liquefied natural gas (LNG) experienced a “golden age”. Its success is particularly due to its use as the only gas type. Its largest consumers, such as Japan and South Korea, account for about half of global LNG demand. The Asia-Pacific region in particular accounts for the majority of this demand (about 70%). However, the continuous transformation of energy consumption patterns in this region and the increase in the supply of pipeline gas may end the “golden age” of LNG, which has also aggravated the decline in consumption in other regions. With the increase in production capacity and declining demand will ensure the supply of natural gas is sufficient, so the price of liquefied natural gas remains low for the foreseeable future.

 

  After the lecture, the teachers and students put forward their own opinions on the details of data analysis in Dr. Hooman Peimani's lecture, and shared their research experience with Dr. Hooman Peimani in related fields.

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