• Platinum Sponsor
    www.cmtevents.com/eventsponsorship.aspx?ev=181027&
  • Corporate Sponsor
    www.cmtevents.com/eventsponsorship.aspx?ev=181027&
  • Promotion Partner
    www.petrolplaza.com
  • Promotion Partner
    www.refinerlink.com
  • Promotion Partner
    www.energyupdate.com.pk
  • Promotion Partner
    www.theenergyinfo.com
  • Promotion Partner
    eng.rim-intelligence.co.jp/
  • Promotion Partner
    www.worldoils.com
  • Promotion Partner
    www.nogtec.com
Be a Host

13th LPG Trade Summit

22-24 Oct, 2018 - Istanbul, TURKEY

Swissôtel The Bosphorus, Istanbul

"Tapping on Growing Markets & Emerging Applications"

According to NGLStrategy, the LPG market has returned to a market of potential opportunity after a transition period. Increased production from major exporting countries such as the US and the Middle East, has resulted in more seaborne trade in 2018 than preceding years. Furthermore, demand has remained strong within the retail space particularly in the East, with petrochemical demand increasing from 2017 with healthier economics for utilising LPG over other feeds. This has resulted in more favourable arbitrage economics since the second quarter of the year.

The particular return of petrochemical buyers to the LPG market in 2018 has re-emphasised both propane and butane’s importance within the ethylene production pool and it is expected that it will continue to play an increasing role going forward.

The widening arbitrage economics from the US major consuming regions, are present even with an increase in freight rates. In 2018, the Baltic benchmark starting to see a positive outlook from the lows of 2017 when rates sunk to levels sub $20/t. Despite the upturn, times remain challenging for shipowners, and it remains to be seen how fast the market can recover and return to investment grade rates.

In reality, 2018 is a story of two halves in that in the latter part of the year it is expected that there will be increased supply of LPG as a few major projects come to realisation. New exports of LPG are expected from the LNG projects commencing in Australia as well as the long-awaited increase of seaborne exports from the Marcus Hook terminal on the US East Coast when the Mariner East 2 pipeline begins operation. Who will be the major consumers of such additional seaborne volumes and how much volumes can the petrochemical industry absorb, will be a key focus for many LPG players to determine what the major price sensitivity of propane and butane is in today’s market.

CMT’s 13th LPGtrade Summit, the meeting platform for all commercials stakeholders in global LPG trade, is a NOT TO BE MISSED event for all who are involved in the LPG production, marketing, procurement, trading, shipping and etc. 

Register NOW to attend with your team, to enjoy attractive early bird group discounts.  Contact huiyan@cmtsp.com.sg today!

Key Highlights
 

  • Growth from emerging LPG use in power generation & bunker fuel
  • Petrochemical market dynamics & LPG-Naphtha feedstocks’ competitiveness
  • LPG vs LNG – A threat or co-exist partner?
  • Import dominance from China & India + growth outlook
  • South Asia + ASEAN – scope for growth in the residential/commercial sectors?
  • Opportunities awaiting in Africa’s LPG demand & production
  • Middle East & Russia Far East’s export updates
  • US production outlook & rise of the Canadian Propane Export
  • Future prospect of LPG shipping & seaborne trade

Testimonials from 12th LPG Trade Summit 

 

"Excellent! Please continue good services"

- ENOC - Supply, Trading & Processing

"The conference is as expected with good speakers and healthy participation from the delegates"

- FACTS Global Energy 
 

"Very Good Experience"

- Benelux Overseas DMCC 

 

"Thank you for your nice arranging & presentation enjoyed from information which I received"

- Milad Group

 

 "Overall very satisfactory experience. Lots of information showed & good opportunity for networking"

- Indian Oil Corporation Limited 
 

"One of the most important factor to make social capital is networking"

- Iranian Gas Commercial Company I.G.C.C

"Great Interest"

- Viamar 
 

"Enjoyed the meeting very much"

- Poten & Partners

 
 

Separately Bookable - Pre-Summit Workshop

22 Oct 2018 (09:30 – 17:00) 

LPG: From Simplicity to Complexity - “How to Navigate Changing Circumstances”


Aim:
The workshop aims to examine the basic principles of the global LPG market, how it is dependent on the economics and market dynamics of oil/oil products, gas and petrochemicals markets. Through the workshop, we will also aim to provide the core tools and fundamentals that are required for any market player.

Target Audience: 

This workshop is targeted for a range of industry professionals from those new to the LPG industry as well as current players looking to expand their understanding of LPG’s role in commodity markets. Below is a guide on the target portfolio for this workshop:

  • LPG Product & Shipping Market Analysts
  • LPG Traders
  • Managers from the oil/gas/petchem industry
  • Other Oil & Gas Market Analysts
  • Oil & Gas Equity/Private Equity Hedge Gund Analysts
  • Operators
  • Engineers
  • Commercial/Business analysts
Topic Outline

09:00 

Registration 

09:30 

Intro into the Global LPG Markets, Trading & Shipping

  • The evolution of the LPG market over the last 10 years
  • Global LPG Supply: where does it come from and who are the major exporters
  • Global LPG Demand: where is it consumed and who are the major importers
  • Introduction to LPG Trading & Shipping

10:00 

LPG 101: Understanding the LPG Market Fundamentals 

  • How has Shale Gas Changed the LPG Market in the US and why is this important to the global landscape?
  • Upstream Fundamentals – Focus on the US Market
  • Midstream Fundamentals – Focus on the US Market
  • Downstream Fundamentals – Focus on the US Market

11:00 

The Key Conundrum: Introduction to LPG Pricing  

  • Introduction to Global LPG Pricing & Major LPG Pricing Hubs
  • How LPG Pricing Patterns Have Evolved
  • Staying ahead of the game: understanding the Basics of LPG Price Forecasting and the role of hedging

12:00 

Workshop Luncheon & Discussion
 

13:15 

The Crucial Change of LPG Patterns: Fundamentals of LPG as Petrochemical Feedstock

  • Petchems and Their Feedstock
  • Flexible Feed Petrochemical plants that Consume LPG – Steam Crackers
  • Fixed Feed Petrochemical plants that Consume LPG – Dehydrogenation (PDH/BDH)

14:00 

Getting it from A to B: LPG Shipping  

  • LPG Shipping Fundamentals
  • LPG Shipping Supply/Demand and the Effects on Freight Rates
  • LPG Shipping Charter Types and Strategies

14:30 

Money Matters: Key Economics of the LPG Market 

  • Upstream & Midstream Economics
  • Petrochemical Economics
  • Shipping Economics
  • Hands on Calculations on Key Economics for Analysts

15:30 

Connecting the Dots: LPG Trading 

  • LPG Trading Fundamentals
  • Major Trading Routes and Players
  • What Factors Affect LPG Trading
  • LPG Market Arbitrage Calculations and Importance
  • Major Contractual Terms and Conditions
  • Trading Strategies and Tools

16:30 

Putting it All Together & Debriefing

News Feed

Kazakhstan's Tengizchevroil to Export more LPG via Russian Taman port in 2018

Posted on : 01 Jun, 2018

 
Kazakhstan's Tengizchevroil (TCO) plans to double its LPG exports via Russian port Taman this year with monthly LPG exports via Taman port expected to reach about 40,000 in 2018 from 20,000 tonnes per month (on average in 2017), as per some estimates.
 
The major LPG producer and exporter also expects to increase propane and butane exports via this port with some traders estimating exports of propane and butane to reach 450,000 tonnes in 2018 from 240,000 tonnes in 2017.
 
Earlier TCO was using Ukrainian port Odessa for LPG shipments. But recent developments show a sharp decline in TCO’s LPG exports via Odessa port – with LPG exports via Odessa falling to 25,900 tonnes in February from 34,400 tonnes in January 2018 with further decline noticed in March. The trend is expected to continue as TCO is going to send 20,000 tonnes of LPG per month via Taman port (which was earlier sent via Odessa) because of lower logistic costs and other factors.
 
In 2017, TCO produced 1.382 million tonnes of LPG – which marks an increase of 2.3% from 2016. It also ramped up LPG exports by 3.6% to 1.261 million tonnes. In 2017, TCO's main LPG exports were – Odessa (364,429 tonnes), Poland (294,575 tonnes), Taman (236,525 tonnes) and Hungary (125,570). The company also exported 91,798 tonnes of LPG to China in 2017.
 
However, TCO’s LPG exports are expected to change in 2018 – with traders expecting reduced supplies to (eastern) Europe, Odessa and Poland.
 
In February 2018, TCO only exported 9,079 tonnes of LPG to Poland – the lowest shipment in recent years from 15,212 tonnes in January. Similarly, TCO's LPG supplies to Eastern European countries such as Hungary, Romania and Slovakia also fell sharply – 40 to 50% compared to 2017.
 
More about LPG shipments will be discussed at CMT’s 13th LPG Trade Summit on 23-24 October, 2018 in Istanbul, Turkey.
 
Contact Ms. Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113 for more information.
 


Coming up in :
66
Days

Fee Info

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

Share this page on

Related Events

Speaker Profile

Mr. Ong Han Wee
Consultant, FACTS Global Energy
SPEAKER TOPIC
LPG vs. LNG – Competitor or Co-Exist Partner in Current Times?
Day 2 [Tue 23, October], at 03:00 PM

He heads up the global NGL team at FGE with guidance from Colin Shelley, a Distinguished Associate at FGE.  In this role, Han Wee is responsible for leading the team in participating in LPG research and analyzing the LPG global markets including supply, demand, trade, infrastructure, new projects and pricing relationships.

Prior to joining FGE, he worked as an Asia Market Editor for OPIS in Singapore.  OPIS's refinery feed stocks and NGL prices are considered a preferred be....
Read more

Mr. Mohammed Saidul Islam
Director & CEO, LAUGFS Gas (Bangladesh) Ltd.
SPEAKER TOPIC
Bangladesh’s LPG Demand Outlook (Retail, Industrial & Power) + Import Development
Day 2 [Tue 23, October], at 04:00 PM

https://www.cmtevents.com/EVENTDATAS/181027/speakers/Saidul_Islam.jpgMohammed Saidul Islam has been involved in the LP Gas industry for more than eighteen years. He started his career with Wesfarmers Kleenheat Elpiji Ltd., an Australian – Malaysian joint venture company in June 2000. In the year 2015 he became the Director & CEO when LAUGFS GAS acquired the business.
Mr. S....
Read more

Mr. George Amoako-Adjei
Director of Commercial Operations, Ghana National Gas Company Ltd
SPEAKER TOPIC
Ghana
Day 3 [Wed 24, October], at 09:05 AM

https://www.cmtevents.com/EVENTDATAS/181027/speakers/GeorgeAdjei.jpgMr. George Adjei-Amoako is the Commercial Director of the Ghana National Gas Company, with responsibility for the commercialization of the indigenous gas from Jubilee / Tano basin,  the  Ghana ‘s   offshore  Oil &  Gas  resources  and LNG  imports.  He is a form....
Read more

Mr. Zayyanu Yabo Tambari
Asst. Chief Chemical Engineer, Gas Operations - Gas Monitoring and Regulations, Department of Petroleum Resources
SPEAKER TOPIC
Nigeria
Day 3 [Wed 24, October], at 09:05 AM

Zayyanu Tambari Yabo is a professional and registered chemical engineer working with the Department of Petroleum Resources - the petroleum industry regulator in Nigeria. He has over 10 years extensive national and international exposure in regulation and monitoring of gas sector with more emphasis on Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG).
Over the years, he has worked with relevant governmental and business entities to implement the Nig....
Read more