CWC Ninth Annual World LNG Summit Barcelona 2008

Summit Day 1: Wednesday 10th December 2008

WHAT'S ON - CLICK HERE TO DOWNLOAD THE BROCHURE

07.30

NETWORKING CONTINENTAL BUFFET BREAKFAST

08.30

CHAIRMAN’S OPENING REMARKS

Dr Alirio Parra, Senior Associate, CWC GROUP LIMITED

OPENING KEYNOTE: THE OUTLOOK FOR LNG - HOW ARE THE DYNAMICS CHANGING?

• What is happening in LNG - what does the future hold?
• Future supply - what are the key issues?
• Market demand - is LNG still attractive for buyers?
• Flexible volumes - what impact are they having on the market?

Elizabeth Spomer, Senior Vice President - Regional Business Development, BG NORTH AMERICA

BUYER STRATEGIES

HUNGRY FOR GAS: KEY BUYER STRATEGIES IN A TIGHT SUPPLY MARKET

• In a current market what are the options for buyers?
• Is LNG a viable option given increasing costs?
• Under what circumstances does a diverse portfolio of natural gas and LNG make sense?
• New buying models - does the future lie with buyers, consortia?
• New strategies: are buyers going upstream/midstream?
• When does a diverse portfolio of natural gas and LNG make sense?

Marcio Demori, LNG Trading Manager, PETROBRAS

Amitava Sengupta, Director (Finance & Commercial), PETRONET LNG LTD

Kentaro Morikawa, Senior Vice President,TOKYO GAS CO LTD

Francisco Velasco, Upstream Director, GAS NATURAL SDG, S.A.

Francisco de la Parra, Manager - Gas Natural, CFE - COMISION FEDERAL DE ELECTRICIDAD

10.30

NETWORKING COFFEE BREAK

CHAIR: David Ledesma, INDEPENDENT CONSULTANT

NEW AND EMERGING BUYERS - WHAT ARE THE OBSTACLES TO NEW ENTRANTS?

• How can new buyers attract supply?
• How are new contracts likely to differ from traditional agreements?
• Is the outlook for LNG attractive enough to bring new buyers to the market?

Rod Duke, Director, LNG Project, ENERGY MARKET AUTHORITY, SINGAPORE

Wuttikorn Stithit, Vice President LNG Supply Department, PTT

Steven C Sparling, Partner, SUTHERLAND

THE GLOBAL OUTLOOK FOR BUYERS: ARE WE MOVING TOWARDS DEMAND DESTRUCTION?

• Is destination flexibility improving or hindering seasonal/short term balancing?
• How is the European market coping with deregulation?
• How long can North American terminals work at under-capacity?
• Can Asia sustain the high prices?
• The future of the "S" curve if the oil price remains above $100/bbl
• How does LNG compare to other fuel options?

Dominique Venet, Executive Vice President (Gas EDF), ELECTRICITE DE FRANCE

Simon Bonini, Director of LNG, CENTRICA

José Simón, Director Gas Supply, IBERDROLA, S.A.

Octavio Simoes, VP - Commercial Development, SEMPRA LNG

13.20 - 14.45

NETWORKING LUNCH hosted by

CHALLENGES AND UNCERTAINTIES

THE RISING COST OF LIQUEFACTION & REGASIFICATION: MITIGATING SUPPLY AND COST PRESSURES

• Is cost volatility and uncertainty threatening the feasibility of new projects?
• Will EPC costs continue to rise - how much has changed and why?
• What are the solutions for resource and materials scarcity?
• Can new entrants ease labour shortages and tight equipment supply?
• Is technology the answer to rising costs?
• What is the correlation between rising costs and rising prices?

Josu Murguialday, REPSOL GAS NATURAL LNG

Gerald Humphrey, Vice President Business Development for Global LNG, CB&I

Lars Odeskaug, CEO, TORP TECHNOLOGY

15.50

NETWORKING COFFEE BREAK

PANEL DISCUSSION: HOW COMPETITIVE IS LNG?

• LNG vs coal vs nuclear - how does LNG fit into the power mix?
• LNG in a carbon conscious world - what impact will carbon trading have on the attractiveness of LNG and other fuels?
• What are the changing market dynamics?
• Will LNG be used for baseload, security of supply and/or seasonal demand?
• Can long term LNG supplies satisfy expected demand?

Chair: Andy Flower, Independent Consultant, FLOWER LNG

Christopher Ross, Vice President, CRA INTERNATIONAL

Anouk Honore, Research Fellow, OXFORD INSTITUTE FOR ENERGY STUDIES

17.30

CLOSE OF SUMMIT DAY ONE

18.30

EVENING ENTERTAINMENT TO BE CONFIRMED