Park Hyatt Dubai
“The action is happening now in the Middle East”
Middle East is expected to contribute about 40% increment to the global LPG supply, with output expected to rise by 19mn t/yr to reach 54 mn t/yr by 2012. The bulk of new supply will be a by-product of non-associated gas output, arising from Qatar, Iran and Abu Dhabi. Gas and condensate projects in Qatar and Iran are due to add 5.2 mn t/yr, while additional output from Abu Dhabi is expected to be 7.8mn t/yr.
Whilst the producers toggle with decisions about export markets, prices and eventually ROI, this rise of LPG supply is promised to shake up the global LPG industry, pricing and benchmark, trading and terms of business.
This changing market dynamics give rise to new export opportunities such as petrochemicals and the competing LNG markets, as well as the US Mont Belvieu. Does this spell a bullish season? These new developments set the stage for our discussion at 2nd LPGtrade Summit at the Park Hyatt Dubai.
2nd LPGtrade Summit promises direct interaction opportunities with the LPG producers, traders, buyers, NOCs and petrochemical feedstock purchasers. Join in the discussions on key issues and challenges affecting the LPG industry to 2010 and beyond.
Leading industry panel will share on the following:
• Outlook of Middle East LPG production & expansion on export plan
• Changing market dynamics and impact on LPG prices and trade
• Risk management option in the volatile market
• Freight market outlook and response
• A re-look at specification and testing benchmark (e.g. mercury level)
• Mont Belviue market and storage capacity
• Petrochemical market focus: feedstock situation: Naphtha versa LPG - on cracker economics
Presenting a latest view of the industry, 2nd LPGtrade Summit features key organisations and senior decision makers, providing attendees with exceptional networking and business opportunities.
A must attend event. Mark your calendar to be at this premier gathering of key industry players. Sign up with your team to enjoy attractive group discount. Register online @ www.cmtevents.com with your team.
2006 Testimonials/ Accolades
"…Globally was a great success" ~ Ali Benbouzid, Sonatrach
"CMT has selected Dubai in November for this important conference...a great location at a great time of year." ~ Will Schmidt, ConocoPhillips
"Good opportunity to network with the principle market participants." ~ Anthony Phillips, Statoil
"CMT has done a very good job in their first LPG conference and Dubai was a very good and warm location for this event."
~ Ayse Abamor Bilgin, Aygaz
" The conference, which covered highly interesting and up to date topics, was excellent, well arranged and in just the right location. A repeat in 2007 is essential" ~ Michael Hoare, MCH Oil & Gas Consultancy
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