24-26 September 2013 Shangri-La Hotel, Singapore. Growing Markets Increasing Flexibility Changing Business Models

Transcription

1 24-26 September 2013 Shangri-La Hotel, Singapore Growing Markets Increasing Flexibility Changing Business Models GOLD SPONSORS SILVER SPONSOR BRONZE SPONSORS

2 Confirmed Speakers Moon Ming Seah, Group Chief Executive Officer, Pavilion Energy Pte Ltd Frédéric Barnaud, Executive Director, Gazprom Marketing & Trading Jeffrey Appleton, Senior Vice President, LNG Marketing, ExxonMobil Philip Olivier, President, GDF Suez LNG Rajeev Mathur, Executive Director, GAIL (India) Ltd. Jonathan Westby, Head of Global LNG Trading, BP Joaquim Caronga, Executive Director, ENH Steve Hoyle, Vice President LNG Marketing, Anadarko Petroleum Corporation Stephen Del Regno, Managing Director, Asia Region, Chevron International Gas Inc. Zheng Hongtao, Vice President, CNOOC Gas and Power Group Ltd. Trading & Marketing Branch Richard W. Westerdale, II, Director Policy Analysis & Public Diplomacy, Bureau of Energy Resources, U.S. Department of State Neil McGregor, Chief Executive Officer, Singapore LNG Corporation Pte Ltd Yasushi Sakakibara, Chief Representative, Asia Pacific Regional Office, Tokyo Gas Co. Ltd. Masahiro Nakamura, Manager of LNG Business Fuels Dept, Chubu Electric Power Co., Inc. Nicolas Zanen, Vice President, Trading, Cheniere Martin Lambert, Senior Vice President, NWS Australia LNG Andrew Seck, Assistant Director East of Suez Marketing, Qatargas Dr Anthony Barker, General Manager, BG Singapore Gas Marketing Pte Ltd. Nanang Untung, President Director & Chief Executive Officer, PT Badak NGL Stephen Thompson, Manager, LNG & Gas, Asia Pacific, Poten & Partners Rod Duke, Vice President Gladstone LNG, Santos R K Garg, Director (Finance), Petronet LNG Ltd. Sid Bambawale, Director LNG, Citi Global Commodities, Singapore Hendra Jaya, President Director, PT Nusantara Regas Tatsuo Masuda, Visiting Professor, NUCB Graduate School & Former VP, Japan National Oil Corporation Steve Ratcliffe, Senior Vice President LNG, Eni Guy Dayvault, Commercial Director, Jordan Cove Energy Project, L.P. Mark da Roza, Manager, LNG Trading & Origination, ConocoPhillips William Sember, Vice President Global Gas Development, ABS Russell Wilkinson, Partner, Baker Botts VV Rao, Managing Director, Galway Group Dr Dorel Iosif, Vice President - Global Hydrocarbons, Worley Parsons Dan Rogers, Partner, King & Spalding (Singapore) LLP David Colson, Commercial Vice President, GTT Raj Goswami, Head of Gas & Consulting for Asia & Middle East, Wood Mackenzie Alan Townsend, Senior Energy Specialist, The World Bank Debbie Turner Senior Shipping Advisor, SSY Gas Kenny Paterson, Director, Tarmore Pty Ltd Keith Bainbridge, Independent Consultant Alan Heng, Executive Vice President, Pavilion Gas Pat Roberts, Associate Director Gas, CWC Group Ltd.

3 DAY 1 Tuesday 24 September Training Seminars 08:30 12:30 Training Seminar A Price Reviews in LNG Contracts Seminar Leaders: Dan Rogers, Partner, King & Spalding (Singapore) LLP Merrick White, Partner, King & Spalding (Singapore) LLP CONTRACTUAL CONSIDERATIONS What is the purpose of a price review clause? Retrospective adjustments and forward adjustments How are price review clauses generally constructed? Examples of price review clauses Price review triggers, timing and frequency Defining the reference market Determining reference price Consideration of price movement boundaries Binding effect and enforceability issues Dispute resolution and the role of arbitrators and experts Clear limitations on the authority of arbitrators and experts Baseball and high-low arbitration alternatives Impacts on project financeability 12:30 13:30 - Lunch 13:30 17:30 Training Seminar B LNG Trading & Risk Management MARKET OVERVIEW Understand how regional LNG price setting mechanisms vary How does price arbitrage arise between regional LNG markets? What are the prospects for market arbitrage to continue? How much divertible LNG is likely to develop by 2020? PRICE AND VOLUME RISK MANAGEMENT Concepts of long and short, consequences of being long or short How can margins be protected in LNG transactions? Techniques for locking in margins using future and forwards How can basis risk between HH: NBP and Oil Linked prices be managed? Practical exercise: Putting theory into practice MANAGING AND OPTIMISING A LNG PORTFOLIO

4 Examples and case studies Master the best hedging strategies for your business 18:30 20:30 Welcome Drinks Reception and Pre-Registration Shangri-La Hotel Garden Terrace hosted by Introduce yourself, exchange business cards and make initial contacts in a relaxed and informal environment before the start of the Summit 07:45 Registration & Welcome Coffee Summit Day 1 Wednesday, 25 September 08:45 Chair s Opening Remarks Pat Roberts, Associate Director Gas, CWC Group Ltd. 9:00 Opening Keynote Address: Moon Ming Seah, Group Chief Executive Officer, Pavilion Energy Pte Ltd Session 1: ASIA PACIFIC LNG STRATEGY PANEL: The Changing LNG Demand & Supply Outlook - Where Are We Heading in the Next Decade? How will the LNG demand and supply outlook in Asia Pacific evolve in the next ten years? Growing price sensitive demand vs increasing new LNG supply costs Changing aspirations from Asian buyers towards more flexible business models The prospects for new LNG supply to Asia What is the likelihood of unconventional gas and methane hydrates developing significantly in Asia by 2023 and what will be the impact? Chair: Pat Roberts, Associate Director Gas, CWC Group Ltd. Frédéric Barnaud, Executive Director, Gazprom Marketing & Trading Philip Olivier, President, GDF Suez LNG Jonathan Westby, Head of Global LNG Trading, BP Jeffrey Appleton, Senior Vice President LNG Marketing, ExxonMobil Asia Pacific Pte. Ltd. 10:30 NETWORKING COFFEE BREAK hosted by Session 2: Asia Pacific LNG Stakeholders: Managing Uncertainties Whilst Driving Sustainable Growth National government policies and their impact on LNG demand growth in the region Mature markets: the impact of Japan and Korea s nuclear policies on LNG demand growth Emerging markets: India and China grappling with demand growth at a time of rising LNG supply costs new approaches to sustainable development

5 Reigning in supply cost inflation what options are available? Focus on Australia Floating LNG considerations for new Australian projects Zheng Hongtao, Vice President, CNOOC Gas and Power Ltd. Trading & Marketing Branch Richard W. Westerdale, II, Director Policy Analysis & Public Diplomacy, Bureau of Energy Resources, U.S. Department of State Stephen Del Regno, Managing Director, Asia Region, Chevron International Gas Inc. Dr Dorel Iosif, Vice President - Global Hydrocarbons, Worley Parsons 12:30 NETWORKING LUNCH hosted by 13:30 Session 3: What are the Developments in LNG Business Models for both Buyers and Suppliers in Asia Pacific? Portfolio, flexibility and optionality how are buyers and sellers adapting their business models for new LNG supplies? The sellers race to FID for new projects which projects will receive buyers support and how will they be financed? What types of partnerships and business models are likely to develop to support new LNG projects? What is the outlook for growth in India and China? The changing role of Malaysia and Indonesia towards the dual role of exporters and importers Chair: Kenny Paterson, Director, Tarmore Pty Ltd. Yasushi Sakakibara, Chief Representative, Asia Pacific Regional Office, Tokyo Gas Co. Ltd. Rajeev Mathur, Executive Director, GAIL (India) Ltd. Andrew Seck, Assistant Director East of Suez Marketing, Qatargas Nanang Untung, President Director & Chief Executive Officer, PT Badak NGL 15:00 NETWORKING COFFEE BREAK hosted by 15:30 Session 4: PANEL DISCUSSION: Are we Heading Towards More Spot Trading & Short-Term Optimisation in Asia Pacific? Do general market growth and new business models provide a step change to more spot trading and short term optimisation? What are the new trends and activities by the key regional players? A slow evolution towards more spot trading or a rapid change towards a structural spot market? Are supply economics able to support entrepot storage and reloads? What are the new trends emerging in risk management? Chair: Stephen Thompson, Manager, LNG & Gas, Asia Pacific, Poten & Partners Martin Lambert, Senior Vice President, NWS Australia LNG Mark da Roza, Manager, LNG Trading & Origination, ConocoPhillips Rod Duke, Vice President Gladstone LNG, Santos R K Garg, Director (Finance), Petronet LNG Ltd. Sid Bambawale, Director LNG, Citi Global Commodities, Singapore

6 16:45 Session 5: Buyers & Sellers Meet Champagne Roundtables Discussion Topic: What needs to happen to create a gas trading hub in Asia? Join your peers at this unique networking event exchange ideas and network over a drink! 18:00 End of Summit Day One 19:00 Pre-Dinner Networking Drinks 20:00 CWC LNG Asia Pacific Innovation Award Gala Dinner 07:45 Registration & Welcome Coffee Summit Day 2 Thursday 26th September 08:45 Chair s Opening Remarks Pat Roberts, Associate Director Gas, CWC Group Ltd. 09:00 Session 6: Future LNG Supply Sources for Asia: New Projects Getting Ready to Make an Impact in Asia Pacific How will East Africa and Canada supply projects impact Asian demand in the future? The approach to developing new LNG supply from Mozambique and its unique opportunities The approach to developing Greenfield projects in Western Canada What are the business models being used to develop the projects? Future LNG supply options from North America, East Africa, Australia and Russia - how do buyers consider them? Chair: Dan Rogers, Partner, King & Spalding (Singapore) LLP Joaquim Caronga, Executive Director, ENH Steve Hoyle, Vice President LNG Marketing, Anadarko Petroleum Corporation Raj Goswami, Head of Gas & Consulting for Asia & Middle East, Wood Mackenzie Steve Ratcliffe, Senior Vice President LNG, Eni 10:30 NETWORKING COFFEE BREAK Session 7: US Spotlight: How will US LNG impact the Asia Pacific Market? What are the different risks and rewards associated with the USLNG tolling models? What will determine the speed and the number of projects that finally get sanctioned? How will Asian buyers manage their risks in buying USLNG indexed to Henry Hub What are the new challenges for project financing Will new USLNG supply models develop further to include a DES model?

7 How much more competitive are USLNG projects compared to Australian projects? Expected costs from the Panama Canal and extra shipping capacity needed from the US to Asia Chair: Russell Wilkinson, Partner, Baker Botts VV Rao, Managing Director, Galway Group Nicolas Zanen, Vice President, Trading, Cheniere Guy Dayvault, Commercial Director, Jordan Cove Energy Project, L.P. Masahiro Nakamura, Manager of LNG Business Fuels Dept, Chubu Electric Power Co., Inc. 12:30 NETWORKING LUNCH 13:30 Session 8: New Markets in Asia How Much Demand, How Quickly & How is it Different? What are the challenges for suppliers to meet small-scale demand and high flexibility required by new regional buyers? Small- and mid-scale regas are FSRUs the key to solving the issues? LNG as a marine fuel a real contributor in the next 10 years? What infrastructure and commercial contracts are needed to make LNG bunkers to happen? The potential for NGVs to become a sustainable market sector for natural gas in Asia and what this could mean for gas supply and LNG Chair: William Sember, Vice President Global Gas Development, ABS Hendra Jaya, President Director, PT Nusantara Regas David Colson, Commercial Vice President, GTT 15:00 NETWORKING COFFEE 15:30 Session 9: PANEL DISCUSSION: LNG Pricing & Trading - What s in Store for the Asia Pacific Region in the Next Decade? What are the trends in pricing and trade flows? How will new LNG shipping capacity contribute to changes in the market? Is a trading hub a realistic vision in Asia? What are the pre-conditions needed and the timeframe to meet them? What roles will the regas terminals in Singapore and Thailand play in the region? What new activities are we likely to see develop in the region? What new roles for players are there? Infrastructure providers, traders, brokers and risk managers? Introductory Remarks: Debbie Turner, Senior Shipping Advisor, SSY Panelists: Neil McGregor, Chief Executive Officer, Singapore LNG Corporation Pte Ltd Anthony Barker, General Manager, BG Singapore Gas Marketing Pte Ltd.

8 Tatsuo Masuda, Visiting Professor, NUCB Graduate School & Former VP, Japan National Oil Corporation Keith Bainbridge, Independent Consultant Alan Heng, Executive Vice President, Pavilion Gas 17:00 Chair s Closing Remarks Pat Roberts, Associate Director Gas, CWC Group Ltd.