"At the start of the year it was forecasted that the market length seen in 2011 would continue in 2012. As the year unfolded, the length has been limited to one quarter due to a combination of lower-than-expected supply and stronger demand in some countries. It's another example of the unpredictability of the LPG market.

In particular LPG exports from South America and Africa are below expectations, while Southern Asian countries are maintaining strong import growth. In consequence the role of Northwest European petchems in absorbing LPG length has been less in evidence than in 2011.

The major new trends for 2013 are increasing US LPG exports and rising Chinese imports for petchems. Smooth transition or an unsettled market?"

~ Poten & Partners

CMT is proud to announce the 7th LPGtrade Summit to be held in Istanbul's Mövenpick Hotel Istanbul, on 12 - 14 November. This summit presents you with first-hand updates from major producers/exporters from Africa, Russia, as well as dynamics of the demand markets from East to West. The line-up of more than 15 industry and trade executives from Turkey, Asia, Europe and etc as well as experts from Shipping, Petrochemicals and Risk Management aims to provide focused insights on current issues as follows:

• Growth of Turkey's LPG demand/imports and perspective on distribution
• Get direct insights from Sonatrach on Algeria's LPG production versus exports, and forward perspective on the Mediterranean markets
• Updates on the market dynamics of Angola and Nigeria's LPG, on export, domestic demand and roadmap to international trade
• Opportunities/Impact arising from the New of LPG export capacity from US Gulf Coast
• Evaluate the growth of petrochemicals sector and the corresponding competitiveness of LPG as petrochemical feedstock
• Gain insights on what's happening in China, in particular the growth demand arising from petrochemicals (PDH) sector
• Keep close scrutiny on the Japanese and Korean's LPG markets and import requirements as both countries embark on clean energy mandates
• Participate in the interactive discussion on changes in regional & sectoral market dynamics as well as the possible implication on Global LPG Trade
• Grasp the latest on LPG freight rates and shipping market assessment
• Be updated on the liquidity of LPG swaps and other risk management tools

Be sure to attend this November's LPGtrade Summit and make trade happen. Mark your calendar to be at this premier gathering of key stakeholders from the global LPG industry and network with them during the Gala Dinner at the Galata Tower as well.

Sign up with your team today at www.cmtevents.com or www.lpgworldforum.com.

Profile of 6th LPG Trade Summit
2011 Attendees

Confirmed Speaker Panel

• Energy Market Regulatory Authority (EMRA), Republic of Turkey

• Poten & Partners

• Sonatrach

• Sonangol

• Ultimate Gas Limited

• WaterBorne Energy Inc

• OPIS

• Oriental Energy Company Limited

• Astomos Energy Corporation

• SK Gas International Pte Ltd

• Targa Resources

• FACTS Global Energy

• Stealthgas Inc

• Libra Fearnley Energy

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

Read below what the industry said about the last event!

"First of all, the presentations are excellent! This is the opportunity to listen, ask & learn."
~ ConocoPhillips

"LPG Event to remember"
~ Crescent Petroleum

"Probably the best attended LPG conference"
~ Lorentzen & Stemoco

"Good Opportunity, able to do some marketing of my company and know some new potential clients/ competitors/ partners"
~ Sonangol Ltd

"The conference provided us a real international environment for 02 days with participants and global overview of LPG trade"
~ Total Oil