12th LPG Trade Summit

23-25 Oct, 2017 - Dubai, U A E

The H Dubai

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"Assessing Opportunities for Increased Demand & Global Trade"

 

The LPG market is currently in a period of transition; adapting to an environment of increasing supply, growing importance of the petrochemical markets, lower global price spreads and depressed freight rates.

 

Supply has increased in the last few years from both the US, as a result of Shale Gas exploration, as well as from the Middle East as players maintain global market share and production projects come to fruition.

 

In terms of propane demand, Asia remains a key output for trade volumes driven mainly by the onset of new PDH facilities, particularly in China and Korea. Furthermore, the narrowing of the spread has resulted in arbitrage economics becoming unfavourable creating a challenging trading environment.

 

At the same time, the VLGC fleet has increased substantially, depressing freight rates to levels around or below OPEX costs. Combined with the decreasing price spread between the US and Asia, the oversupply of VLGCs on a ton-mile basis has forced many market players to realign their positions in the current market.

 

Gathering key commercial players from Asia, Europe, US and the Middle East, CMT’s 12 LPGtrade Summit is a NOT TO BE MISSED event for all who are involved in the global LPG trade (production, procurement, trade and etc).  Register NOW to attend with your team, to enjoy attractive early bird group discounts.  Contact huiyan@cmtsp.com.sg today!

 

Multiple Benefits to Attain Your Business Leads

  • Maximum networking benefits over 2.5 days, offering vital opportunities for producers-traders-buyers direct interaction
  • Get updates on Iranian LPG export capacity outlook for the next 18 – 24 months
  • Keep track on LPG demand & infrastructure market brewing in South Asia – India, Bangladesh, Pakistan
  • Assess the demand & offtake growth from India, China, South Korea, Japan & Indonesia
  • Find out the economics of LPG-fuelled power plant & LPG bunkering
  • Stay abreast with the corresponding impact of petrochemical market shifts & NGLs on European LPG
  • Learn from Panama Canal on managing shipment flow in the expanded canal
  • Deepen your knowledge with tools & fundamentals to thrive through the evolving LPG markets

 

Post-Summit Workshop

(24 Oct 14:00 – 17:00 hrs & 25 Oct 09:00 – 14:00 hrs)

 

LPG: A Byproduct Market Governed by the Economics of Major Markets (Tools & Fundamentals to Navigate Changing Circumstances)

 

Testimonials from 11th LPG Trade Summit

"This conference has provided me with deeper insight about LPG"

~ ADNOC ~

 

"Insightful and very well organized"

~ Panama Canal Authority ~

 

"This was my first time attending LPG Trade summit and I found it a very interesting event, bringing together all major players, discussing all aspects of a dynamic trade market"

~ FACTS Global Energy ~

 

"Excellent"

~ ENOC ~

 

"Very good experience and positive networking opportunities"

~ Benelux Overseas Inc / Benelux East-Med Trading S.A ~

"Wonderful and enriching experience, information gathered can assist in industry calculated decision with regards to LPG trading"

~ Petco Trading Labuan Company Limited ~

 

"The very good conference with a lot of useful LPG market outlooks and representatives"

~ Thomson Reuters ~

 

"Gathering are more useful than actual conference itself, networking dinner is a good idea"

~ Gulf Transport & Trading Ltd ~

 

"Great conference to hear a global perspective on the LPG market"

~ Bentek Energy LLC ~

 

News Feed

Bangladesh to build first LPG-fueled power plant, Allows Private Sector to enter LPG Storage Market

Posted on : 02 Oct, 2017

 

Bangladesh based company – Beximco Group is expected to build the country’s first LPG fueled power plant. This move is in tune with the government’s plans to replace renewable energy sources in power, transport and industrial sectors with LPG.

According to State Minister for the Ministry of Power, Energy and Mineral Resources Nasrul Hamid, “Bangladesh plans to construct its first LPG-fired power plant to diversify energy supply sources and ease pressure on the country’s diminishing natural gas resources”.

Although the plant’s capacity and location are yet not revealed, it is confirmed that US-based General Electric will be the technical partner for the project.

The move is expected to further fuel the demand for LPG in Bangladesh – which has seen strong growth since last year – owing to the increasing suspension of natural gas connections and growth in the use of LPG as an auto fuel. 

Further, the new policy will enable private sector players to enter the market as it allows them to set up LPG terminals, Autogas filling stations, auto gas conversion plants and LPG bottling plants.

38 new licenses have been issued by the government to private companies to build LPG storage and bottling plants. These license holders are also authorized to supply LPG to households, autogas filling stations as well as commercial and industrial clients via dealers and franchises. Additionally, they can export bottled LPG or LPG in bulk after attaining relevant permissions from the ministry.

Find out more about Bangladesh’s first LPG-fueled power plant from Mr. Sunil Jhingran, Executive Director (New Business), Beximco Petroleum at 12th LPG Trade Summit on 23-25 October in Dubai.

Contact Ms. Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113 for more information.

Read more>>>


IOCL adding LPG Import Terminal and 489 km of LPG Pipeline

Posted on : 15 Aug, 2017

 

India’s state-run Indian Oil Corporation Ltd (IOCL) is enhancing its LPG production facilities in the southern states of Kerala and Tamil Nadu. There is an increased demand for LPG that is growing at 11% annually.

 

The facility augmentation works include construction of LPG import terminal at Puthuvypin in Kochi and a 498 km pipeline jointly implemented by IOCL and Bharat Petroleum Corporation Ltd. (BPCL).

 

Built at a cost of close to Rs 3000 crore, the projects – under construction – are expected to be completed in February 2018.

 

The pipeline will connect the import terminal at Puthuvypin with BPCL Kochi Refinery, IOCL’s Kochi bottling plant and BPCL’s upcoming bulk LPG terminal at Palakkad before terminating at Salem. It will feed IOCL’s LPG bottling plants at Coimbatore and Erode as well.

 

Inter-state bullet truck movement transporting LPGF is slated to be cut down by 20-30 per day from the present 70-80 trucks plying daily from Mangalore to Kerala LPG plants.

 

The Kochi plant’s current capacity can only store 1.5 days of LPG production. The new augmentation work will also expand storage capacity to 8 days of LPG production – which can be helpful to meet demand during emergency strikes or during supply shortages.

 

More about Indian’s LPG markets will be discussed at 12th LPG Trade Summit on 23-25 October in Dubai.

 

Contact Ms. Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113 for more information.

 

Read more>>>


Indonesia looks to Iran for LPG imports

Posted on : 13 Jun, 2017

 

Indonesia is planning to increase liquefied petroleum gas (LPG) imports from Iran. They are hoping to procure the LPG imports from Iran at a discounted price. 

 

According to the country’s Energy and Mineral Resources Ministry, Wiratmaja Puja - Indonesia wants to double imports of Iranian LPG from 500,000 tonnes to 1 million tonnes.  

 

State-owned oil and gas company Pertamina is demanding price discounts from the Middle Eastern country. However, no deal has been struck yet.

 

If Indonesia succeeds in increasing its LPG imports from Iran, its LPG imports from other countries, including Saudi Arabia’s Aramco will decrease substantially.

 

Iran has been working towards increasing its crude oil production after the sanctions were lifted. The country wants to recapture its market share. Iran’s return to the market has put pressure on other market leaders – especially Saudi Arabia and producers in other regions.

 

LPG market trends will be further analyzed at 12th LPG Trade Summit on 23-25 October in Dubai.

 

Contact Ms. Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113 for more information.

 

Read more>>>


PROMOTION PARTNERS

Fee Info

SAVE USD600 per person for the main conference when you register 3 or more from same company!

Optional Activity:
Post Summit WORKSHOP: "LPG: A Byproduct Market Governed by the Economics of Major Markets (Tools & Fundamentals to Navigate Changing Circumstances)", 24 to 25 Oct at USD1095 per person (for conference attendees)

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

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Speaker Profile

Mr. Michael Panas
Managing Consultant, NGLStrategy, LLC
SPEAKER TOPIC
Chairman’s Welcome Remarks
Day 1 [Mon 23, October], at 09:00 AM

Michael is an NGL/LPG supply/demand, commercial and shipping specialist. Michael has led several global NGL/LPG projects, specialising on the commercial aspects, supply/demand issues, shipping analysis and supply/demand, price & freight forecasting. Michael started his career in the gas market in 2005 with Greek shipping companies before he joins Poten & Partners between 2007 and 2017 as a senior LPG consultant and subsequently manager of the NGL/LPG consul....
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The New Reality of the LPG Market: How is this Market Changing?
Day 1 [Mon 23, October], at 04:30 PM
Panel Discussion - Assessing Opportunities for Increased Demand & Global Trade
Day 2 [Tue 24, October], at 11:35 AM
Mr. Ong Han Wee
Consultant, FACTS Global Energy
SPEAKER TOPIC
Export Competitiveness of Middle East’s LPG
Day 1 [Mon 23, October], at 09:10 AM

Ong Han Wee is currently a Consultant at FGE, leading its Singapore LPG team.  In this role, he is responsible for analysis and forecasting of LPG markets including supply, demand, trade, infrastructure developments, new projects, and benchmark price relationships. 

 

 

Han Wee focuses primarily on East of Suez.  Prior to joining FGE, he worked for OPIS in Sin....
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Afternoon Chairman
Day 1 [Mon 23, October], at 01:55 PM
Mr. Amir Hooshang Karami
Head of Marketing & Sales Dept., Iranian Gas Commercial Company I.G.C.C
SPEAKER TOPIC
Iran - Outlook of LPG Production & Export Capacity
Day 1 [Mon 23, October], at 09:45 AM

With more than 14 years experiences in administrative and finance field in NIOC, and since 2008, Mr Amirhooshang was appointed the established IGCC's as member of the board and head of marketing & sales department.

....
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Ms. Emma Lamb
LPG & NGL Consulting Team Leader, Poten & Partners (UK) Ltd
SPEAKER TOPIC
Changing Focus of LPG in Europe
Day 1 [Mon 23, October], at 10:55 AM

Emma joined the Poten LPG and NGL consulting team in 2014. Emma has a PhD in chemistry from the University of Bath and a MChem from the University of St Andrews. She has experience working in both the chemical industry as well as supply and demand of other commodities including Castor Oil. Her expertise is around the supply/demand modelling of the global LPG market. She has led a number of global LPG projects focused on supply/demand issues and trade flows. Utilising her chemical expertise, E....
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