 08.30 |
Morning Coffee and Registration |
| 09.00 |
Chairman's Opening Address
John Roberts, Energy Specialist, Platts, UK |
| 09.05 |
Opening Keynote: Outside The Box – A Macro Economist Outlook
- Geopolitics, global policies and economies and impacts on energy paradigms
Nassib Ghobril, Chief Economist, Byblosbank, Lebanon |
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The Role to Be Played By Central Asia Through Turkey |
| 09.45 |
Super Panel: The Southern Corridor: What does the future hold?
Europe seeks to increase energy security through the diversification of gas supply sources and routes, thereby becoming less reliant on Russia, and less susceptible to Russian supply disputes as in 2006 and 2009. Gas from the Caspian and Middle East are key to the Southern Corridor – but new pipeline projects and routes must be chosen and financed – set against the backdrop of competing national interests.
- What are the key issues and key challenges?
- Azerbaijan as the key decision-maker
- The Turkey-Azerbaijan gas sales and transit tariff agreements
- Existing Southern Corridor infrastructure and upgrades: BP’s plans to upgrade the South Caucasus Pipeline and potentially extend it to Europe
- Nabucco, ITGI, TAP, AGRI, and White Stream – What are the latest project developments and which consortia are updating their proposals to meet Azerbaijan and the European Commission’s January 13, 2011 joint statement criteria?
- Which project or projects are most likely to come to fruition? Can any of them be phased? Could more than one be successful? • How much gas will Azerbaijan, Iraq and Turkmenistan provide for Europe?
- Is a Trans-Caspian Pipeline realistic? What are the physical, political and economic challenges to a TCP?
- Turkey as a key transit state: Will Turkey’s gas grid be upgraded? By how much? Who will pay for the upgrades?
- What Is Turkey’s strategy for gas import and re-export? How much gas will Turkey need to satisfy domestic demand?
- What is the timeline for decision-making by Azerbaijan?
- How do the commercial objectives of the key pipeline consortia (Nabucco, ITGI, TAP) cross-cut the national interests of Azerbaijan? How will each side’s timelines affect the success or failure of projects? What does the future hold?
Moderator:
Jen Coolidge, Executive Director, CMX, UK
Discussion Leaders:
Elshad Nassirov, VP, Marketing and Investments, SOCAR, Azerbaijan
Alasdair Cook, Shah Deniz Vice President, BP, Azerbaijan
Elio Ruggeri, Head Of International Gas Infrastructures, Edison, Italy
Reinhard Mitschek, Managing Director, Nabucco Gas Pipeline Int, Austria
Kjetil Tungland, Managing Director, Trans Adriatic Pipeline AG, Switzerland
Wolfgang Peters, Head of Supply & Capacity Caspian, Central Asia & Russia, RWE Supply & Trading GmbH, Germany |
| 11.00 |
Morning Refreshment And Networking |
| 11.20 |
Political Changes & Gas Dynamics In Middle East North Africa (MENA): How Will The On-Going Political Changes In The Middle East & North Africa Affect The Region’s Gas Sector?
- The impact of gas supply interruptions: How have international gas markets been affected and how could they be affected?
- The impact of government reforms on future gas supplies for domestic markets and/or gas exports
- Investment: Is it too soon to judge how the market will react? Will international companies and financing institutions reassess investment risk levels for the MENA region?
- NOC/IOC relationships: Are NOCs taking a more assertive approach?
Mustefa Ouki, VP Energy Resources and Head of Global Gas, Nexant, UK |
| 11.50 |
Scale Of Opportunity: Long Term Economic Outlook For The Levant Basin
- Opportunities and challenges of developing the Levant Basin
- What are the expected delays, stakeholder disputes and resolutions?
- Quantity of recoverable reserves and likely timeline for production
- Which main players and potential export markets – or will all supplies be used for domestic use?
- Has Iran’s co-operation agreement complicated the process?
Moderator:
Nassib Ghobril, Chief Economist, Byblosbank, Lebanon |
EXTENDED SESSION: Country Clinics With domestic demand sky rocketing and the recent and on-going wave of civil unrest in the Middle East, what policies will be adopted regarding domestic vs. export markets and how will new governments address price caps and the challenges ahead? Each session will focus on gas prospects and challenges, export capability and the potential role to be played by each country in meeting global gas demand. Presenters will then gather for a country clinic question and answer panel at the end. |
| 12.25 |
Prospects Of Gas Supply From Iran?
- Will Iran’s internal reforms lead to the role fulfillment as a key exporter in the international gas market or will gas be used for domestic customers?
- Facing the challenges in upstream development: What is the current situation?
- Realistic projections for pipeline and LNG exports
- How did the only country in the Middle East implement a total subsidy removal programme and what are the consequences?
Siamak Namazi, General Manager, Access Consulting Group, UAE |
| 12.45 |
Iraqi Gas: When and To Where?
- Looking ahead to Iraq’s gas plan: Are there any lessons to be learnt from the 3rd licencing round?
- What are the prerequisites to avoid jeopardising Iraq’s economic and reconstruction feedstock before committing to export options?
- Are large scale gas exports likely in the near term and what are the implications of Iraq’s paradigm shift to the global gas game and diversification expectations
Luay Al Khatteeb, Executive Director, Iraq Energy institute, Iraq |
| 13 05 |
Egypt’s Gas Story: A Success So Far But Where Next?
- How will Egypt achieve its master plan to become a regional gas hub with the challenges faced ahead?
- Exploring the challenges in future development: Managing domestic demand, export capability and energy subsidies
- Egypt’s geographical role in future international Gas/LNG trade and arbitrage
- What are the incentives and investment opportunities to kick-start a new phase of upstream and downstream business?
Ibrahim Ahmed Ibrahim, Vice Chairman for Gas Processing, EGAS, Egypt |
| 13.25 |
Lunch And Networking Opportunity |
| 14.25 |
Libya’s Gas Potential: Lost just for now?
- What lessons can be drawn from international E&P activity in the 2000s?
- Is Libya’s “gas potential” limited to associated and unconventional gas resources?
- What scenarios for the current political crisis?
- Reviewing the likely medium to long-term implications of recent events on gas development
Hakim Darbouche, Research Fellow, Oxford Institute for Energy Studies, UK |
| 14.45 |
What is Abu Dhabi’s Gas Plan?
- What are the plans underway to develop gas reserves in Abu Dhabi: Significant upstream and downstream investment?
- What are the latest updates in the sour gas project?
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| 15.05 |
Saudi Arabia: In Energetic Pursuit of Conventional and Unconventional Gas?
- Domestic gas pricing and security of supply: A potential way forward for downstream gas
- Current prospects and investment opportunities for offshore reserves
- Is unconventional gas a real option for Saudi Arabia?
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| 15.25 |
Algerian Gas: Into The Last Decade Of Growth?
- The outlook for conventional gas supply from known reserves
- How much growth of domestic gas demand to 2020?
- What policy actions are needed to deal with existing and impending challenges?
- What are the prospects for shale gas development in Algeria?
Hakim Darbouche, Research Fellow, Oxford Institute for Energy Studies, UK |
| 15.45 |
Going Beyond The Region: The Link To The European Market
- What is the outlook for long term gas deals in bridging the regions?
- How can European and Middle East partnerships grow and shift paradigm energy plays?
- The crucial role for Iraq export corridors and Turkey as a transit hub
|
| 16.05 |
Afternoon Refreshments And Networking Opportunity |
| 16.20 |
Candid Country Clinic Dialogue – Q&A
All of the country clinic panelists will re-convene for an extended Q&A session from the audience. Benefit from country lessons learnt, veteran executives, academic insights and forthcoming strategies. |
| 16.50 |
Chairman’s Closing Remarks
John Roberts, Energy Specialist, Platts, UK |
| 17.00 |
Close Of Summit Day 2 |