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Record breaking oil prices, geopolitical uncertainty, and concerns about supply will be the focus of CERAs 9th Istanbul Executive conference, East Meets West:Ensuring Energy Security. Taking place at the worlds crossroads, discussions will range from the capacity supply challenge looming in the Middle East, to Asias strongly growing demand for oil and gas, and the need for supply diversity in Europe. Register now online. Despite operating problems and teething start-ups, short-and long-term global liquefied natural gas (LNG) supply is building strongly on the way to becoming a more than $65 billion dollar market that meets 15% of the worlds natural gas demand by 2012, according to a new analysis by Cambridge Energy Research Associates (CERA). The operational limits of some portions of the North American natural gas storage system may be reached in the Fall of 2006, producing real potential for an abrupt decrease in gas prices as some storage fields become unable to accommodate additional injections, according to an analysis by Cambridge Energy Research Associates (CERA).

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