09-11 Nov, 2009 - Doha, QATAR
Grand Hyatt Doha
Grand Hyatt Doha
At the recently concluded 4th LPGtrade Summit, H.E. Dr Mohammad bin Saleh Al Sada, Qatar’s Minister of State for Energy and Industry Affairs revealed that Qatar was to ramp up LPG production from 8 million tonnes/annum to 12 million tonnes/annum in 24 months during his opening address. This means Qatar will overtake Saudi Arabia as the world’s largest LPG producer.
He also hailed the 4th LPG Trade Summit as a “perfect forum to discuss the major challenges facing businessmen in the sector of Liquefied Natural Gas in the coming years”.
4th LPGtrade Summit, held under the patronage of Deputy Prime Minister and Minister of Energy and Industry H.E. Abdullah bin Hamad al Attiyah, was the biggest LPG trade meet in 2009, attracting participation from over 350 of the most influential LPG executives from over 31 countries. There was also a strong presence of local and international media at the conference, many of whom paid close attention to updates from Qatar, and OPEC’s eagerly anticipated speech on the outlook for 2010.
Hassan Mohamed Qbazard, the director of OPEC's research department revealed that OPEC’s forecast for 2010 now shows positive world GDP growth of 2.7 percent, raised from an initial forecast of 2.3 percent in July. He also pointed out that volatility of prices is a permanent challenge to OPEC, while delivering assurance that OPEC will take the necessary steps to restore stability to the market.
The 350-strong audience also paid close attention to the keynotes morning session, with insights from leading influencers in world LPG trade flows, including Ali Al-Hammadi- CEO of Tasweeq, who explained that in the typical North Field content three quarter consists of LNG/gas and 7 percent LPG. “That 7 percent is giving us now 6 million tons of LPG to rise to 9 million tonnes next year and ultimately reaching 12 million tons, making Qatar one of the largest LPG producers,” he said.
Other keynotes at the conference were delivered by Dennis M. Houston-EVP of ExxonMobil Refining & Supply Co, Dr. Chawki Rahal- EVP of Sonatrach, Phil Parker- GM New Business Development of Shell Chemicals ME, Andy Laven, VP Integrated Supply & Trading of BP and Philippe Sauquet-VP of TOTAL.
4th LPGtrade summit participants also participated in many fringe events designed to facilitate networking and interaction, including the LPG Challenge Golf tournament, the visit to Ras Laffan Industrial City, and the 4th LPGtrade Summit Gala Dinner at Doha’s beautiful Museum of Islamic Art.
The 4th LPGtrade summit team would like to thank our Official Host and Partner Tasweeq, Official Sponsor ExxonMobil, Gold Sponsor Shell, Gala Dinner Sponsors Qatar Petroleum and Tasweeq, Bronze Sponsors BP and Total, Luncheon Sponsors Conoco Phillips and Itochu, and Panel Sponsor Argus for backing this event, and contributing towards its success.
We would also like to thank our promotion partners Argus, Energy Intelligence, Energy China Forum, Gas Bazaar, Gulf Oil and Gas, MEES, RIM Energy Market Intelligence, Thompson Reuters and World LP Gas Association for their support.
4th LPGtrade Summit was a resounding success, and we look forward to meeting everyone of you at next year’s event!
In the mean time, visit this website regularly, as we post more highlights of this year’s summit, as well as updates on next year’s event.
‘The Man on the Hot Seat’, Tasweeq CEO Mr. Ali Al Hammadi gave an interview to Qatar Today magazine, on Qatar’s emerging importance in the global LPG marketplace, and explained why Tasweeq supports the 4th LPGtrade Summit.
According to Mr. Al Hammadi, “We want to be perceived as a country that really wants to contribute to making a difference in the development of the LPG industry. The 4th LPGtrade Summit is a positive step in that direction, which will go a long way in communicating our commitment to the LPG business.”
He also told Qatar Today why the world’s most influential LPG executives are coming to Doha for the summit, touching on the agenda, keynote speakers and special fringe events organized for the conference participants.
>>Click here to read the full Qatar Today article<<.
In the mean time, >>Find out more about the 4th LPGtrade Summit here.<<
Plans are heating up for 4th LPGtrade Summit and with the most exciting line up of speakers in LPGtrade summit history, including H.E. Abdullah Hamad Al-Attiyah, Qatar’s Deputy Premier & Minister for Energy and Industry, as well as H.E Abdalla El-Badri the Secretary General of OPEC, the conference is attracting tremendous buzz in the industry and the press.
And quite fittingly, the Doha conference also features insights from Mr. Dennis M. Houston, Executive Vice-President at Exxonmobil Refining & Supply Co.
After all, ExxonMobil Corporation has enjoyed a strategic partnership with the State of Qatar dating back to 1935, and currently participates in a number of oil & gas related projects in Qatar, including Ras Laffan Liquefied Natural Gas Company Limited, Qatar Liquefied Gas Company Limited, Al Khaleej Gas (AKG), and Laffan Refinery.
At the 4th LPGtrade Summit, Mr. Houston will deliver his address on, “Continuously Improving the Supply Chain via Technology and Teamwork”, exploring Exxon’s long term strategy of adopting operational excellence or what the company describes as “flawless operations”.
Mr. Houston himself is located in Fairfax and has primary responsibility for managing supply, marine transportation and pipeline businesses for the Corporation on a global basis. Before the merger of Exxon and Mobil, Mr. Houston was Vice President, Supply and Transportation of Exxon Company, International, headquartered in Florham Park, New Jersey.
Don’t miss out on hearing from Mr. Houston, at the 4th LPGtrade Summit, which is less than a month away. Yes, the LPG industry’s biggest names will convene on 9-11 Nov, 2009 in Doha.
Confirm your seats >>Here<<or email Ms. Nadia Albahar at nadia@cmtsp.com.sgfor more information.
Tasweeq’s CEO Mr.Ali Al-Hammadi extended his warm welcome to the Global LPG industry to join the 4th LPGtrade Summit in an exclusive interview where he discussed Tasweeq’s role in the global LPG marketplace.
According to Mr.Al-Hammadi, Tasweeq will have a greater stake in global LPG trade in line with Qatar’s increasing LPG production capacity.
Sharing on LPG production in Qatar Mr.Al-Hammadi said, “The production of LPG from the state of Qatar has been for many years, around 2 million tonnes. However, this has been ramping up. We are currently producing around 6 million tonnes, and we are a major player in the LPG market.”
According to Mr.Al-Hammadi, Tasweeq’s strategy for LPG is “to sell in Asia, which is the primary market for us, but to also if necessary, deviate and sell to Western Europe and the USA.” He added, “We have given the commercial flexibility to our marketers”.
Just fill in the form below, and we will revert on how you can access the audio immediately.
The 4th LPGtrade summit, held under the patronage of HE Abdullah Bin Hamad Al-Attiyah, Qatar’s Deputy Premier & Minister of Energy & Industry, is the most important LPG industry gathering for 2009.
The 4th edition of the globally recognized LPGtrade Summit series has seen participation from over 250 companies including ADNOC, Chevron USA ConocoPhillips, Goldman Sachs, Iran Petrochemical Commercial Corporation (IPCC), Saudi Aramco, PETRONAS, PERTAMINA, Qatar Petroleum, Vitol, Itochu, Marubeni, Louis Dreyfus, Maersk Tankers and many more is Hosted and Supported by Qatar International Petroleum Marketing Company Ltd. (TASWEEQ).
Incorporated in July 2007 via Emiri Decree Law No. 15 of 2007, Qatar International Petroleum Marketing Company Ltd. (TASWEEQ) will also be hosting the 4th LPGtrade Gala Reception Sponsor and Golf tournament functions. Wholly owned by the Government of the State of Qatar, TASWEEQ is responsible for the export & marketing of Regulated Products comprising liquid petroleum gas (LPG), refined products, condensates and sulphur.
4th LPGtrade Summit Official Sponsor is ExxonMobil, the world’s largest publicly traded integrated petroleum & natural gas company, whose strategic partnership with the state of Qatar dates back to 1935. ExxonMobil affiliates participate in a number of oil and gas related projects in Qatar, including the Ras Laffan Liquefied Natural Gas Company Limited, Qatar Liquefied Gas Company Limited, Al Khaleej Gas (AKG) and Laffan Refinery.
Also in the list of key sponsors are Qatar Shell as Gold Sponsor, BP & TOTAL as Bronze Sponsors, and Itochu & Conoco Phillips as Luncheon Sponsors. >>CLICK HERE<< to read more on all 4th LPGtrade Sponsors!
With the support and sponsorship of these key Energy companies and LPG players, 4th LPGtrade is on the road to becoming the most important LPG gathering for 2009. For more information the conference agenda and/or on Sponsorship opportunities at 4th LPGtrade summit on 9-11 Nov 2009 please contact Ms Nadia at nadia@cmtsp.com.sg and Ms. Nisha at nisha@cmtsp.com.sg respectively.
