11th Vietnam OGP (Oil Gas & Power) - About Event

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What’s New at 11th VOGP 2008

• Key officials from PetroVietnam focuses on latest E&P blocks availability and gas to petrochemicals projects.

• Chevron will share insights and experience in the gas to power sector of Vietnam.

• Changes in the Petroleum Law and how it impacts your operations and contracts

• How the logistics scene evolves as PV Trans aims to become Vietnam’s leading petroleum transportation corporation.

• Talisman’s success at Cuu Long Basin & its move to use early production system & FPSO unit.

“This is a very promising discovery. I’m optimistic that these 2 discoveries will form the basis of a new core producing area for Talisman in Vietnam, with the potential for upside from additional exploration wells.” John Mazoni, President, Talisman Energy - Jan 08, Energy Business Review Online

• Ascertain how the new refineries will impact exports and shift market balance.

• Opportunities in Vietnam’s Coal Seam Gas vis-a-vis the regional CBM projects.

• Sumitomo Corporation; with more than 25 projects in Vietnam shares latest power projects and updates.

• What’s in store for investors as EVN diversify its scheme other than BOT & expands transmission & distribution network?

• Evaluate opportunities in Biomass and how much it can combat power deficit.

• Learn how decentralized generation can be an option with shifting trends towards cogeneration.

An annual event that paves the way for networking amongst major oil, gas & power companies as well as various entities of the supply chain. So mark your calendar for the 11th VOGP 2008 and be empowered with the latest happenings in the energy industry.

You Will Network With
• CEOs • Presidents • GMs • Business Development Directors • E&P Directors • Downstream Directors • Executives & Traders from Leading Oil & Gas & Petrochemical Companies • Government Officials • Energy Consultants • Additives & Catalyst Companies • Project Financiers • Storage & Terminal Companies • EPC Companies • Legal Counselors

Vietnam to Raise Power Prices in 2009- Developments Discussed at 11th Vietnam Oil Gas & Power Summit

Posted on : 10 Oct, 2008

The Vietnamese government announced on 8 October, their plans to phase out subsidies and raise domestic electricity rates from 2009, an exciting new development in Vietnam's power sector that 11th Vietnam Oil Gas & Power will be mapping.

The move is aimed at making the sector more profitable in a bid to attract investments for badly needed new power plants to supply electricity to meet rising demand.

Industry and Trade Minister Vu Huy Hong said "an adjustment to a market-oriented mechanism is unavoidable" as current state-set retail power prices in the country were below cost and not feasible for the long term. Deputy Industry and Trade Minister Bui Xuan Khu said recently that electricity rates may go up by as much as 20% from next year.

Mr. Lam Du Son, Member of Management Board of Electricity of Vietnam will be speaking on the matter at 11th Vietnam Oil Gas and Power. Sharing Electricity of Vietnam's perspectives on the "Opportunities in Vietnam's Power Sector". He will touch on regulatory updates, including the change in pricing, as well as the breakdown of foreign investments into Vietnam's power sector. He will also speak about Vietnam's plans to expand their power transmission and distribution network.

Power blackouts have become commonplace in Vietnam, where domestic demand has surged with the robust economic growth in the country. According to the Asian Development Bank, Vietnam's power demand is expected to rise 16% annually till 2010 and by 12% a year afterwards.

Vietnam has for decades generated most of its electricity from coal and hydropower but more recently has shifted increasingly to natural gas, with plans to have its first nuclear power plant operational by 2020.

Leading the move towards Natural Gas power generation is Chevron Vietnam. Mr. Hank C. Tomlinson, president of Chevron Vietnam will be sharing his perspectives on his company's upcoming integrated gas development project, and gas power trends in Vietnam.

In addition to regulatory changes, 11th Vietnam Oil Gas and Power will also feature topics encompassing the latest developments in the Vietnamese power marketplace. Hear from the following key power players including:-

1. Mr. Tom Watters, General Manager
Summit Sunrise Energy Co. Ltd (A Sumitomo Corp Group Company)
TOPIC: How Will Vietnam Secure her Power Needs?

2. Mr. Gilles Pascual, Director,
Project & Export Finance- HSBC Corp.
TOPIC: Financing Vietnam’s Power Investment Schemes

3. Mr. Tony Segadelli, General Manager
PB Parsons Brinckerhoff Power-Bangkok Office

TOPIC: Biomass Opportunities for the Power Sector in the Greater Mekong Region

4. Mr. Vivek Taneja, Head of Business Development (Power)
Thermax Limited

TOPIC: Decentralized Generation – An Option for Vietnam

If you haven't already confirmed your participation at 11th Vietnam Oil Gas & Power, you can do so immediately by clicking on the "REGISTER ME" tab at the top of this page.

Don't miss out on this timely event mapping these exciting new developments in Vietnam's power sector!

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Hotel Information

CMT has arranged special discounted room rate at USD151++ / USD167++ (Single/Double) per room per night inclusive of daily American Breakfast (subject to room & rate availability) for delegates at Movenpick Hotel Saigon. Please reserve your room with the hotel directly, providing full credit card number and expiry date to:

Moevenpick Hotel Saigon
253 Nguyen Van Troi Street
Phu Nhuan District
Ho Chi Minh City
VIETNAM

Contact Person:Truong Thi My Tam
Assistant Director of Sales
Phone :84 8 8449222 Fax :84 8 8455234

Email :E-Mail to Reserve Room

Reservation cut off date :10-11-2008

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