The Davos Special

Here is what the future looks like

An engaging session on how oil producers are adapting to the oil market crash and the advent of shale gas

IHC vice-chairman Daniel Yergin [Moderator]: We’ll talk about the oil price collapse, why it happened, what is the impact and what it means for countries, for companies and for the world economy. I’d like to start with Lithuania’s president, Dalia Grybauskaitė. In December, the country took the first shipment of gas to a new natural gas floating regassification facility called Independence. So, I’d like to ask madam president why you called it Independence and how you view gas security in Europe.