Gas Trading and Shipping Americas LNG, LPG and Ethane

Examining commercial, technical risks and opportunities for enabling US gas exports

23rd 24th February 2016

Double Tree by Hilton Greenway Plaza, Houston
rd

DAY 1 MAIN CONFERENCE 23 February 2016

8.30
9.00

9.15

9.45

10.00

Registration and Coffee sponsored by

Introduction From The Chair
Andrew Clifton, General Manager, SIGTTO
GAS MARKET FORECAST PRICE DYNAMICS, DEMAND AND SUPPLY
Outlook on production and supply of US NGLs in a low oil price environment
Outlook on US production of US ethane, propane and LPG in a depressed oil market
Investment in infrastructure in exports, strategies to combat the decline in supply and exploration?
How much supply will the US have for ethane and LPG exports?
What price points will be attractive for exports from the US going forward for the gulf coast or east coast?
Ben Chu, Senior Supply Consultant, Genscape
Keynote Ship owners corner
Ethane, NGL exports from USA future trends, demand and supply
How much can the US export and how does it compare to domestic usage?
What is the projection of demand globally
Examining the fleet and logistics costs
Martin Kjendlie, Business Development Manager, Evergas
CLNG Report
LNGs role in a low carbon future: Comparing the life cycle emissions of LNG to coal across the globe
How do the GHG emissions from U.S. produced LNG compare to coal generated electrical power?
Evaluation of emissions scenarios in key global markets, including Germany, Japan, South Korea, China, and India
Assessment of the full LNG life cycle, providing a detailed breakdown of the most carbon intensive elements of the process
Charlie Riedl, Executive Director, CLNG

10.30

11.00

11.30

Networking refreshment break sponsored by

REGULATORY BRIEFING
USCG's role in the dynamic liquefied gas industry
Overview of the technical challenges and requirements for gas carriers
Ship safety and regulation for transporting ethane and LPG
Update on the natural gas act which regulates LNG in the US and how that does differ for NGLs?
Commander Jason Smith, US Coast Guard
Head to head debate
Impact of Jones Act on the NGL shipping and crude oil transportation how will this impact the export markets of USA
How do you transport crude oil and NGLs more effective by Jones Act domestically?
Route to markets and price structures
How much Ethane, LPG and NGLs can US supply to both domestic petro-chemical and export markets in the near future?
At what point does it become economical vessels, infrastructure and storage costs?
How are these risks being managed?
Where are the future investment opportunities?
Commander Jason Smith, US Coast Guard
Michael Panas, NGL Consultant, Poten & Partners
Jarl Pedersen, Chief Commercial Officer, Port of Corpus Christi Authority
Moderated by: Andrew Clifton, General Manager, SIGTTO
Networking Development Lunch

12.15

Coloured numbers on name badges corresponded with lunch tables so delegates are able to have lunch with
people they may not otherwise have met.
1
To Register:
Tel: +44 (0) 20 7017 5518

Email:
energycustserv@informa.com

Web: www.lnggc.com

13.45

14.15

14.45

Markets and Pricing : LPG, ETHANE, NGLs

Chair: Michael Panas, NGL Consultant, Poten & Partners
Future trends, demand and supply for NGLs and LPG
Tightening of markets for ethane, LPG, propane and its
impact on supply
Forecast for US exports with new petro-chemical plants and
terminals coming on line post 2015?
Kendall Puig, Senior Analyst, NGL and LPG, Platts Bentek
Energy
What impact will ethane and LPG exports have on
shipping?
How will the volumes from USA impact the supply of ships?
How many vessels do we need to balance the demand and
supply?
How will the potential demand and supply forecast impact
the order books?
What is current surplus tanker capacity and what is the
forecast in the long terms?
Michael Panas, NGL Consultant, Poten & Partners
Energy democratisation of markets
Prices
Environment factors
Infrastructure
Maurice Zickie Allgrove, Director Ports and Marine
Terminals, Americas and Caribbean, Advsion

Shipping and infrastructure : LNG

Chair: Andrew Clifton, General Manager, SIGTTO
LNG charter party rates: Contracting outlook for the future
LNG charter party rate forecast
LNG shipping trends: Spot, short-term or long-term
markets?
Are short-term contracts the future?
Methods to reduce ship-owner and charterer liability
Christian Wetherbee, Airfreight & Surface Transportation /
Shipping Research , Citi Research
Removing barriers to adoption of small scale LNG
Innovative solutions to encourage Small Scale LNG and the
adoption of LNG as a viable marine fuel alternative
Industry-first 2,200 m3 LNG bunker barge
LNG and port infrastructure solutions
REACH4 bunker mast for safe and reliable LNG transfer
Optimised containment technology for bunker tanks on the
latest LNG-fuelled vessels
Aziz Bamik, General Manager, GTT North America
Trends in LNG carrier design
Proven LNG technology in ships
How much innovation do we see in the market and whats
the impact?
Innovation in ship design and cargo containment systems
Johan Petter Tutturen, VP Gas Carriers, DNV-GL

Networking Break sponsored by

15.15
The Caribbean outlook for supply options LPG, NGLs or LNG?

15.45

16.15

16.45

The Caribbean outlook for supply options LPG, NGLs or LNG?

Caribbean gas market potential size
Future of gas trading in the Caribbean
Market characteristics and potential challenges
Time-line for market developments
Fernando Gonzalez Nicolas, Presidente, Consorcio Comercial Del Caribe
Power generation in the Caribbean: competing sources of gas supply
Current and future role of gas in power gen for the region
How can U.S. supplies fit in?
Niebert . Derrice Blair, Project Officer, Energy CARICOM Secretariat
Successfully selling the transition from oil to LPG in the US Virgin Islands
Assessing the economic and environmental drivers behind switching fuel sources
How to navigate challenging political environment and manage public affairs efforts to create social license
Engaging the regional energy community to establish a position as an industry leader in service delivery
Casey OShea, Managing Director, Energy & Natural Resources, FTI Consulting

17.15

Chairmans closing remarks and end of Day 1

17.30

Networking Drinks Reception

th

9.00
9.30

9.40

10.10

10.50

11.20

11.50

12.30

14.00

14.30

DAY 2 MAIN CONFERENCE 24 February

Registration & Coffee
Introduction From The Chair
Andrew Clifton, General Manager, SIGTTO
An equity investors perspective on downstream shipping and commodity
What is macro markets telling us - credit, rates, commodities, equities?
OPEC's new strategy - impact on energy value chain
Looking at the global cost curve for downstream (petchem, refining)
Implications for shipping sector
Putting it all together
Amit Marwaha, Research Analyst, Fidelity SelectCo
Expert Panel: Trading patterns of US natural gas, how will it evolve?
Differential between the Atlantic basin and the Pacific for the gas sectors
Tracking changes in LPG trading patterns
View on LNG exports from the USA
Should LNG be liked to oil or Henry hub?
Rick Smead, Managing Director, RBN Energy
Madeline Jowdy, Director, PIRA Energy
Javier Diaz, Manager, Energy Analysis & Consulting, Platts
Kristoffer Slangsvold, Research, INGE Steensland Shipbrokers
Moderated by : Andrew Clifton, General Manager, SIGTTO
Networking Break
FINANCING GAS SHIP FLEETS AND INFRASTRUCTURE
How equity and debt finance for LNG, Ethane and LPG shipping ventures impact exemptions from US shipping tax?
Stephen Flott, MD, Flott Co
FINANCING EXPERT DIALOGUE
The future of fleet finance: What investment opportunities are available for the current and future gas carriers?
Options for financing and re-financing the LNG fleet
What is available for the LPG fleet?
Evolution of ship finance requirements: Are long term contracts still necessary?
Rise of Master Limited Partnerships (MLPs): How do MLPs work in practice?
Looking to the future: What happens at the end of an MLP?
How can different financing options impact exemption from tax for LNG and Ethane and LPG transportation?
Amit Marwaha, Research Analyst, Fidelity SelectCo
Stephen Flott, MD, Flott Co
Moderated by : Andrew Clifton, General Manager, SIGTTO
Networking Lunch
Markets and Pricing : LNG
Shipping and infrastructure : LPG and Ethane
Chair: Javier Diaz, Manager, Energy Analysis & Consulting,
Chair: Andrew Clifton, General Manager, SIGTTO
Platts Bentek Energy
Ethane shipping trade with US C-Ethane projects and
Shifting the balance: The role of North American LNG in
challenges with shipping
the global trade
Project examples on 87k VLEGC for Reliance trade to India
Overview of US LNG projects and how US LNG will fit into
27,5k LEGC for Evergas
the global gas trade
Project update and technical innovation
Expansion of the spot trade, contracts, pricing and shipping
Kjell Ove Ulstein, Business Development Manager, Wartsila
Madeline Jowdy, Director, PIRA Energy
Where is North American LNG supply heading?
Will it come to Europe or go to Latin American markets at
what price?
Structure of LNG pricing will it be affected by US LNG
exports?
How do US projects, new gas provinces and new
technologies fare in the global FID race?
Jarl Pedersen, Chief Commercial Officer, Port of Corpus
Christi Authority

LPG and ethane gas carrier design and storage

How does it benefit the end users in the same way as they
do for the LNG users?
Proven LNG technology which can be used in ships carrying
LPG, ethane and mixed gases
How much innovation and value add it brings to the end
user
Ship design and membrane tanks to support multi-gas use
Aziz Bamik, General Manager, GTT North America

15.00

LNG developments in Mexico

Will Mexicos imports get outpaced by growing pipeline
supplies
Future opportunities and challenges
Javier Diaz, Manager, Energy Analysis & Consulting, Platts
Bentek Energy

Submerged motor pumps for hydro-carbon liquids

Benefits of submerged motor pumps as applied to
petrochemical and hydrocarbon liquids
Tyler Brower, Regional Sales Manager, Ebara International

15.30

Summary sessions and questions

16.00

Close of conference and refreshment break

09.00

GAS SHIPPING TECHNOLOGY FORUM

Exploiting the next generation of LNG, LPG, Ethane and multi-gas carriers design, technologies and fuel requirements
22 February 2016, Houston
Registration & Coffee

09.30
Chairmans welcome
Johan Petter Tutturen, VP Gas Carriers, DNV-GL
09.35

Quick Fire Exchange and Objective Generation

During this session you will have the opportunity to introduce yourself and learn about your fellow delegates, as well as share your
personal objectives for the interactive focus day.

09.50

Challenges of designing large Ethane and Ethylene carrier

Technical overview and concepts of designing and building carriers to approx. 80.000 m3

What are the key challenges and developments?

Matthias Malinowski, Ship Type Expert Gas Carriers , DNV-GL

Recent trends with liquefied gas inspections; common deficiencies and lessons learned
LCDR Dallas Smith, Marine Inspector and the Liquefied Gas Facilities Subject Matter Expert, U.S. Coast Guards Liquefied Gas
Carrier National Centre of Expertise
10.20

10.50

Refreshment Break

11.30

Use of Ethane as fuel on LEGC

Opportunities of using as a fuel on large LEG Carriers (LEGC)

Experience from new rules as well as requirements from the Gas Code

How will it be handled compared to LNG?

Aleksander Pedersen, Engineering Manager, Wartsila

12.00

Containment system update: Minimising cost of tank maintenance

How does available technology compare?

What difference does tank material and shape make to performance?

How will the economics work?

Greg Denton, Business Development Manager, GTT North America

12.40

Networking Lunch

13.45
Ways of improving design and operation efficiency of LNGCs / LNG fuelled ships

Typical LNGC options and LNG fuelled ships we see today

ECO solutions- Eco Lines, Retrofit, Assistant, Insight

Complex Ships Systems, Modelling and Simulations (COSSMOS)

Future ships- LNGreen , Perfect JDP

Anthony Tse Yen Teo, Technology and LNG Business Development Manager, DNV-GL
Crew safety in gas ships

Current requirements and how are they different for LNG, LPG and ethane?

Additional safety issues for Ethane

Training for crews

Industry issues
Andrew Clifton, General Manager, SIGTTO
14.45

15.30

OPEN TOWN HALL DISCUSSION

An opportunity to speak openly and raise questions and issues relating to efficient gas shipping. Make the most of the expertise of
speakers and other delegates in this interactive discussion.

16.00

Chairmans closing remarks

16.10

Refreshment break and close of workshop