31 Oct-02 Nov, 2011
Istanbul, TURKEY
Hilton Istanbul
Hilton Istanbul
OFFICIAL HOST & SPONSOR FOR GALA DINNER
| SILVER SPONSORS | |
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AFTERNOON RECEPTION SPONSOR | |
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Dear colleague,
It is my honor to invite you to join us at the 6th LPG Trade Summit in Istanbul. As the Host & Sponsor of the summit, we see this platform as an opportunity to raise the awareness on benefits of LPG and to seek cooperation for better business practices in the global LPG industry. It is our hope and belief that the conference will help us to achieve this vision.
As we all know, we face more complex challenges than generations past. We are all actors of a global marketplace, where we all share opportunities and risks of global economy. Oil and gas wells, traders on Wall Street, seamen of tanker ships, cylinder gas and autogas consumers are all interlinked. Cooperation is needed to reach common goals and to meet high expectations of our consumers.
Now, while the challenges today are different, we have to find new ways of doing business: How do we increase efficiency and productivity while reducing the cost? How do we make our products more environment-friendly? There's going to be a lot of debate about how we can build strategies between end-users, producers, ship-owners, traders and all the other important actors to make our industry more sustainable and how we harness the innovative potential to create new jobs.
We all understand there's no magic to do it. There will be all sorts of debates. That's why we are going to be in Istanbul this fall, to share our experiences, to find solutions on our common problems and seek cooperation to enhance our capabilities to serve even better our consumers in the future.
I look forward to welcoming you all in Istanbul for 6th LPG Trade Summit.
Sincerely, |
A Global LPG Meet in Istanbul!
"For some years, forecasters have predicted a step increase in LPG export supplies as new projects started up in the Middle East and Africa. It was expected to happen through 2009 - 2010 but instead global LPG exports in 2009 were below 2008 levels and exports in 2010 were up only 1%. The LPG capacity was there but lack of feedstock and operating problems meant that the new facilities were underutilized. Now there are signs that LPG production in the Middle East is finally starting to lift off, especially in countries like Qatar and Abu Dhabi. Global LPG exports in 2011 could well be up by approaching 10% with a further increase of around 5% in 2012, largely driven by expanding exports from the Middle East. Beyond that the export growth switches from the East to the West - particularly Africa but also the US Gulf.
So where will the new LPG export supply go? The East was thought unable to take all the extra supply volumes and the US Gulf was expected to absorb the Eastern LPG length. Now with the advance of shale gas production in the USA, and a consequent rise in gas liquids output, the US Gulf no longer imports LPG and has itself become a significant propane exporter. This means a reappraisal of LPG markets in the East and the West (including Turkey) to examine their potential to take markedly higher LPG volumes - and which demand sectors in particular this will impact.
In the past petrochemicals have been seen as the sector that will balance the LPG market. However last year LPG demand in Global petrochemicals grew by just 2%, and that was entirely due to greater LPG consumption in Saudi Arabia as new projects came on-stream. Petrochemicals clearly has a role to perform in the future LPG market but the extent of its role will be a function of price."
Confirmed speakers to-date:
YOU'LL NETWORK WITH - Producers - Traders - Importers - Exporters - Distributors - Brokers -Ship Owners/Managers - Shipping Agencies - Supply & Trading Managers - Feedstock Purchasing Managers - Chartering Managers - CEOs - Managing Directors - General Managers - Business Development Directors - Director of Marketing - Regional Representatives - Petroleum Downstream Business Directors - Commercial Directors - Global & Regional Oil Corporations - Refineries Managers - Representatives from Storage & Terminalling Companies - Insurance,Trade & Structured Finance Banks
CUSTOMISED SPONSORSHIP This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities include Gold, Corporate, Exclusive luncheon & Cocktail sponsor. Exhibition / catalogue display can be arranged upon request. Email nisha@cmtsp.com.sg | CMT is proud to announce the 6th LPGtrade Summit to be held in Istanbul on 31 October -2 November.
Hosted by AYGAZ, this summit presents you with first-hand insights from major producers/exporters from Middle East and Russia, and importers (from Asia, Europe, Africa and Latin America), who "shape" the other side of the market dynamics.
More than 14 industry executives from Turkey, Middle East as well as from Shipping, Petrochemicals and Financing will gear up to provide focused updates on pertinent LPG markets issues:
Be sure to attend this October's LPGtrade Summit and make trade happen. Mark your calendar to be at this premier gathering of key stakeholders from the global LPG industry. Sign up with your team today. |
