5th Asia Refining Presents Strategies to stay competitive amidst weak demand and  Refining capacity expansion.

The global crude oil refining sector is undergoing structural changes. Tough times are projected, with Moody's forecasting declining demand. Refining Capacity Expansion continues to press refining margins down, thus affecting operational performance through 2009.

How effectively are Asian Refinersoptimizing energy and process efficiencies? CMT's 5th AsiaRefining plans to look at macro and micro determinants that define the competitiveness of the refiningbusiness.

In Asia, countries are still regulating fuel subsidies and domestic fuel prices, but volatility in global crude oil and product (gas oil, gasoline,naphthaetc.) prices are urging further deregulation. Besides, the demand for increased fuel specifications, tighterfuel specs restrictions and the pressure to reduceCO2 emissions continue to push for innovative options to improve performance.

Sustaining performance through operational excellence is key focus for refiners. To keep refineries’ costs low and increase refining margins, refineries have adopted new options such as switching from light sweet crude, reducing oil-processing rate to 80 - 90% of capacity as a counteracting measure against the reduced demand. To what extent have the refiners succeeded?

CMT's 5th Asia Refining will examine these key issues as well as other challenges faced by Asia's refiners and petrochemicals producers. More than 15 industry executives will gear up to provide comprehensive updates and case studies to help you manage crude oilprices, and strategize your operation & capacity expansion in Asia's refining and downstream sectors.

Attend CMT's 5th Asia Refining and gain key intelligence and insights into:

• Forward competitive strategies from refining experts
• Impact of Intra-regional development on Asia's refining outlook- Capacity Expansion, Crude Oil flows etc.
• Macro and micro economic outlook of emerging refining markets
• Zoom into refining "HOT" spots - Iraq, Indonesia, India & China
• Operational excellence strategies and case studies
• Domestic fuel pricing and policies of national regulators
• Shifts in EPC players' approach to managing turn-key refinery projects
• Cross examination of petrochemicals sector recovery and feedstock demand
• Technologies and advances in desulphurization and heavy residue upgrading

You will network with CEOs, MDs, Directors and Managers of:
- Refineries - Business Development - Marketing - Downstream Business
- Supply & Trading - Commercial Business of Int'l Oil Companies and NOCs
- Crude Oil traders, Petroleum Products Trading - Storage & Terminal Co.
- Additives & Catalysts Co. - Technologies & Solutions Providers - Euipments Suppliers
- EPC Co. - Consultants - Insurance, Project Financing Institutions

Mark your calendar to be at this premier gathering of key Refining professionals from across Asia and Middle East, and take this opportunity to network and forge lasting business opportunity.

Sign up with your team to enjoy attractive group discount. Register online @ www.cmtevents.com with your team.