12th LPG Trade Summit

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

The H Dubai

"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

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>>>


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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

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Speaker Profile

Mr. Tony Liang
Assistant General Manager, Wanhua Petrochemical Co. Ltd.
SPEAKER TOPIC
LPG Demand Growth in China & Import Growth Outlook
Day 1 [Mon 23, October], at 11:25 AM

Upon graduation, Tony joined Wanhua Chemical Group as Finance Controller and then promoted to Finance Manager of Wanhua Netherlands B.V. After 3.5 years working in Amsterdam, he was transferred to Budapest as the Marketing Manager of BorsodChem for 6 months.

Tony returned to China in the beginning of 2013 and then joined Purchasing Department as manager for the raw materials procurement, currently he is the Assistant General ....
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Mr. Kevin Kim
Team Leader, Global Planning, LPG & Coal Trading, SK Gas Co Ltd
SPEAKER TOPIC
South Korean LPG Market: Supply Dynamics & Demand Drivers
Day 1 [Mon 23, October], at 11:55 AM

Kevin Kim is the Head of Global Planning Team at SK Gas Co. He leads the development of growth strategy for the companys LPG trading business.  His responsibilities also include leading the companys partnership initiatives for product and geographic expansion. Before holding the current position from 2016, he headed the corporate planning....
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Mr. José Ramón Arango
Leader, Liquid Bulk Segment, Panama Canal Authority
SPEAKER TOPIC
Managing LPG Trade Flow with the Expanded Panama Canal
Day 2 [Tue 24, October], at 11:35 AM

Jose Ramon Arango is a Senior Specialist for the Executive Vice Presidency for Planning and Business Development of the Panama Canal Authority. He holds a Bachelor Degree in Business Administration from Universidad Santa María La Antigua, Master Studies in Maritime Development from the School of Law from the University of Panama. He completed executive programs in Advanced Maritime Economics and Logistics, from the Center of Maritime Economic and Logistics - ....
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Mr. Reidar A Sundvor
Managing Partner, ViaMar AS
SPEAKER TOPIC
LPG Shipping: VLGC Market Outlook - Trade & Fleet Growth, Ship Value Development
Day 2 [Tue 24, October], at 12:05 PM

Reidar A Sundvor is the Managing Partner with ViaMar AS, the Oslo based independent shipping market analyst company. He holds a Master of Science degree in Finance and International Marketing from the University of Lund, Sweden (1979). He is responsible for ViaMar’s LPG Shipping Market Outlook. He was a co-founder of ViaMar AS in 1996, after serving 10 years in leading positions in ship owning companies controlled by I. M. Skaugen and later Kvaerner of Norway within the LPG and tanker markets....
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