Towngas Hosts Successful "Empowering a Sustainable Future" Summit

HONG KONG, Oct. 30, 2026 /CourierPR/ -- The “Empowering a Sustainable Future” Summit, co-hosted by The Hong Kong and China Gas Company Limited (Towngas) and the International Gas Union (IGU), concluded successfully today. The event brought together approximately 500 energy enterprise representatives, governmental officials, and scholars from around 70 countries and regions, discussing critical topics such as energy security, the green and low-carbon transition, and green finance. Over 1,000 people participated in the summit both online and offline.

Towngas, as a key player in the energy sector, has been actively involved in hosting international events. This summit was part of a broader strategy to promote global collaboration and share insights on sustainable energy solutions. The International Gas Union, with members accounting for over 90% of the global gas market, played a pivotal role in organizing the event.

During the summit, Mr. Peter Wong Wai-yee, Managing Director of Towngas, emphasized the importance of the synergy between traditional and emerging energy sources.

The summit featured four keynote speeches and panel discussions, bringing together representatives from international energy organizations, energy companies, financial institutions, and academic institutions. The first panel discussion focused on the current state and future development of the natural gas industry, with a particular emphasis on the Asia-Pacific region’s role as the engine of global natural gas growth. The speakers highlighted the need for diversification, flexibility, and collaboration in energy supply security, as well as long-term supply security.

The second panel discussion centered on the development opportunities for the Chinese mainland’s natural gas market under the dual carbon goals. Panellists provided an in-depth analysis of the current state of the natural gas industry and the challenges it faces. They recommended further diversifying sources of natural gas imports and optimising supply chain arrangements to mitigate the risk of supply disruptions arising from geopolitical risks.

The third panel discussion in the afternoon discussed strategic directions for Asia’s energy development. Panellists from Japan, Singapore, and Malaysia shared their respective low-carbon transition pathways, suggesting leveraging existing gas pipeline infrastructure to avoid further large-scale investments, thereby reducing costs and shortening decarbonisation timelines. They also advocated for regional harmonisation of certification standards and financing cooperation mechanisms.

The fourth panel discussion focused on the financing of energy evolution. The panellists pointed out that energy security, energy affordability, and decarbonisation goals must advance in parallel. They highlighted that the core bottleneck for evolution projects lies in their investability. Therefore, bankable projects are needed to support them in attracting capital investment and driving the energy evolution process.

Prior to the summit, Towngas hosted the IGU Council Meeting in Hong Kong and organized site visits for delegates to its hydrogen pilot project at a padel court in Sai Kung and Hong Kong’s first hydrogen-powered EV charging system for a commercial building. The visits provided delegates with first-hand insight into the latest progress of green energy applications in Hong Kong.

Mr. Andrea Stegher, President of the IGU, emphasized the fundamental role of the gas industry in sustaining and empowering human progress and global growth.

Following the summit, Towngas will continue to support IGU’s future events around the world, including the 30th World Gas Conference (WGC2028) to be held in London in 2028. Through these engagements, Towngas aims to further promote international exchange and collaboration while sharing with the global community the country’s development achievements and Hong Kong’s unique story.