Share/Save this Page

TWITTER : #megassummit
English
Turkish

Silver Sponsor

Shell logo

Media Partners

oxford business group

Main Summit Day 1

Monday 24th October 2011
08.00 Morning Coffee and Registration
08.30 Chairman’s Opening Address
John Roberts, Energy Specialist, Platts, UK
08.40 Inaugural Opening
Mr. Sefa Sadık AYTEKIN
, Deputy Undersecretary, Ministry of Energy and Natural Resources, Turkey
09.00

Opening Keynote: Gas Advocacy In The MENA Region
Harnessing Opportunities: The Journey Towards Future Energy?

Mark Carne, Executive Vice President, Shell E&P International, UAE
09.00

Plenary Keynote Changing Energy Paradigms: Partnerships Between The Middle East And Europe

Badr Jafar, President, Crescent Petroleum, UAE
10.00
State Of The Industry - MUST ATTEND!

Exclusive Insights: World Gas Leaders’ Round Table

  • Current state of the industry and natural gas security
  • Issues and consequences that accompany a shift to a gas intensive world
  • Challenges for the future and potential pitfall
Moderator:
John Roberts, Energy Specialist, Platts, UK
Ibrahim Ahmed Ibrahim, Vice Chairman, Gas Processing, EGAS, Egypt Ibrahim
Ahmed Al-Arbeed, CEO, Dana Gas, United Arab Health
10.40 Morning Refreshment And Networking
11.00

Supply And Demand Projections In International Markets: What Is The Global Outlook For Supply And Demand Through To 2035?

  • Exploring the changes in buyer behavior: Where are the emerging markets and how are they affecting established buyers?
  • How has the arrival of commercial shale gas and globalisation of the LNG market affected the supply and demand forecasts in the short and medium term?
  • Gas consumption in the GCC, greater Middle East and prospects for gas demand in North Africa
  • How does Middle East export capability factor in the global picture?

Moderator:
Aloulou Fawzi, Energy Economist, EIA, USA

Panelists:
Justin Dargin, Research Fellow, Harvard Kennedy School of Government, UAE
11.45

Mastering Global Gas Movements: Where Are The Shifts In Global Trade Movements And What Are The Implications For The Future?

  • Pipeline vs. LNG: LNG as last resort or smart alternative for others?
  • Will there be a greater volume of LNG exported from Qatar or Australia by the end of the decade. What might that mean for the current Qatari moratorium?
  • Might the challenges for access to labour and other project resources lead to delays for Australian projects and hence present new opportunities for Middle East LNG exports?
  • Examining the impact of shale gas on MENA trade – how long will the effects be seen? What about CBM and tight gas now and in the future?
  • How will emerging GTL projects impact future LNG trade?

David Thomas, Global Head of LNG, Vitol
Ajay Shah, Head Of Strategy & Portfolio, Global LNG, Shell Gas And Power
The Role of the Greater Middle East in Meeting Gas Demand!
12.30

How Can The MENA Region Focus Its Efforts In Meeting Natural Gas Requirements?

Despite holding more than 40% of the world’s natural gas reserves, it is currently only producing 14%. There is a regional imbalance in production, low prices and domestic boom have created an environment non-conducive to the development of reserves, and prices now must rise to satisfy demand and avoid gas and power shortages. Kuwait has now become an LNG importer over other economical options and Dubai joined the ranks in 2011 whilst Qatar is converting natural gas to liquids.

  • The MENA gas puzzle: Exploring the gas supply threats to MENA states
  • Are Middle East countries heading for the inevitable change?
  • Where can gas companies, utilities and regulators focus their efforts for a more optimal situation?
  • Production challenges and the role that pricing plays in the current energy crisis in the region

Moderator:
Badr Jafar, President, Crescent Petroleum, UAE

Panelists:
Mark Carne
, Executive Vice President, Shell E&P international, UAE
Ieda Gomes, Head of New Ventures, & INGL, BP Gas Asia & Middle East, UK
Hakim Darbouche, Research Fellow, Oxford Institute for Energy Studies, UK
 
13.15 Lunch And Networking Opportunity: Enhance Your Knowledge And Networking By Signing Up For VIP Speaker Hosted Lunch Tables
14.15

The Role For Inter Arab Trade In Meeting Regional Gas Demand

  • Exploring the current state of regional trade: What are the prospects for a GCC gas grid and obstacles facing regional pipeline connectivity?
  • Solutions for gas pricing: Collectively moving towards realistic gas values to fast track connecting infrastructure?
  • Establishing policies for pricing and tariff co-operation and common guidelines for pipeline development and operation
  • The importance of strategic partnerships in regional trade: Looking towards projects that integrate upstream to industry consumers and align markets
  • Evaluating long term private public partnerships in unifying trade
  • When is there a role for LNG trade over piped gas?
  • Why not another Dolphin project? What are the latest development efforts in integrated pipeline projects coming to fruition?

Ahmed Albuainain, General Manager, Dolphin Energy-Qatar, Qatar
Trade And Pricing Outlook
14.55

LNG Spot Light: Is LNG Trade Imposing A Free Market Strategy And Will This Lead To Concerns Of Robustness In Long Term LNG Contracts?

  • Is LNG spot trading real, on the rise and a long lasting market evolution?
  • How and when are prices linked to hub?
  • What are the downsides and risks to short term LNG?

Mehdi Chennoufi, General Manager, Atlantic Basin & Greater Middle East, Shell International LNG Supply Origination
Jean-Pierre Mateille, General Manager, Gas, LNG and Power Trading, Total Gas & Power Ltd, UK
Keiron Ferguson, Managing Director – Dubai, RWE Supply & Trading GmbH, Chief Commercial Officer, Excelerate Energy, UAE
1530
The Great Gas Pricing Debate: Oil Indexation Vs SPOT Pricing
One house believes in oil pegging as a basis for international gas pricing, the other argues the future for market based prices
  • Should gas be based on hub prices or indexed to oil and which model will prevail?
  • Can prices pegged to oil be justified when indexed to a commodity not reflecting supply and demand, particularly in increasingly competitive markets?
  • Is the Middle East facing increasing pressure from international markets to revert to SPOT market model?
  • Arguments for a regional Gulf price
  • What are the complexities in short term LNG pricing?
  • Exploring the role for long term stable contracts and pricing co-operation in connecting markets and unifying regions
  • How can market equilibrium be achieved? What about basing gas prices on other aligned commodities or is liberalisation the way forward?
  • Would the GECF ever be able to evolve into an OPEC? Could it ever exert control on global natural gas prices?
  • How is gas priced in the Middle East and what is the actual market value for it?
  • How has the Japan nuclear crisis exacerbated demand and affected long vs. short term LNG contracts

Independent Intermediary:
David Thomas
, Global Head of LNG, Vitol

Indexation House:
Ibrahim Ahmed Ibrahim, Vice Chairman for Gas Processing, EGAS, Egypt
Mehdi Chennoufi, General Manager, Atlantic Basin & Greater Middle East, Shell International LNG Supply Origination, UAE

Pricing Liberalisation House:
John Roper, Vice President and Head of Middle East Gas, E.ON Ruhrgas, UAE
Justin Dargin, Research Fellow, Harvard Kennedy School of Government, UAE
Ahmed Dakroury, Managing Director for TAQA Gas, TAQA Arabia, Egypt

16.20

End User Consumer Insights: Want Do The Customers Want From The Gas Industry?

  • Gas and power growth: Is it real?
  • What do the end users want from gas producers and the supply chain?
  • Staying competitive in the power market
  • What are the risks to consumers in today’s market and what are they trying to achieve?

John Roper, Vice President and Head of Middle East Gas, E.ON Ruhrgas, UAE
Ahmed Dakroury, Managing Director for TAQA Gas, TAQA Arabia, Egypt
16.50 Chairman's Closing Remarks

John Roberts, Energy Specialist, Platts, UK
17.00 Close of Summit Day 1