15th LPGtrade Summit,

New dates to be confirmed soon

Rescheduled of event 15th LPGtrade Summit

7 November 2022 – Pre-Conference Workshop (Separately Bookable)

  

LPG: A By-product Market Amidst a Backdrop of Major Global Economic and Environmental Shifts

(Tools & Fundamentals to Navigate Changing Circumstances)

  

Objective: This course aims to equip the attendees with the principles of the internationally traded LPG market and how it is determined by the economics of oil/oil products, gas, and petrochemicals markets. During the course, we will also aim to provide the core tools and understanding of fundamentals that are required for any market player.

  

09:00

Registration

09:30

Introduction to the LPG Market

  • The Basics of the LPG Market – is LPG still a by-product/supply driven?
  • Global LPG Supply: changing sources and major exporters
  • Global LPG Demand: changing outlets and major importers
  • LPG Trading & Shipping  

10:00

Market Fundamentals – Key Drivers

  • How has Shale Gas Changed the NGL Market?
  • Upstream Fundamentals
  • Midstream Fundamentals
  • Downstream Fundamentals – the increasing role of petchems

11:00

Discussion & Coffee Refreshment

11:15

Intro to LPG Pricing

  • Introduction to Global LPG Pricing & Major LPG Pricing Hubs
  • How LPG Pricing Patterns Have Evolved
  • Understanding the Basics of LPG Price Forecasting

11:45

Fundamentals of LPG as Petrochemical Feedstock

  • The shifting pattern of Petrochemical demand and production
  • The drive to low-cost Petchem Feedstocks
  • Flexible Feed Petrochemicals that Consume LPG
  • Fixed Feed Petrochemicals that Consume LPG

12:45

Discussion & Luncheon

 

13:45

LPG Shipping

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

14:15

Key Economics of the LPG Market

  • Upstream & Midstream Economics
  • Petchem Economics – the interaction of product pricing and feedstock cost
  • Shipping Economics
  • Exercises

15:15

Discussion & Tea Refreshment

15:30

LPG Trading

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

16:30

Future Considerations

  • Supply: How will LPG Gas Plant and Refinery Production be affected as the Global Energy Transition progresses?
  • Retail Demand: How will Global LPG Retail Demand trends change and what countries will be in the forefront of those changes?
  • Petchem Demand and Production: How will Plastic Recycling and Environmental Regulations impact global Petchem demand and production (eg construction of more integrated refinery/petchem complexes as refiners lose refinery product demand), and what will be the ramifications for the LPG Market?
  • Shipping: What will be the effects of Environmental Regulations, the new Bunker Fuel Solutions, and the expansion of the Ammonia Trade on LPG Shipping? • LPG Trading: How will the LPG Trading Future be shaped following all these developments?

17:00

Conclusion & End of Day