Summit Day 3: Friday 12th December 2008
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07.45 |
NETWORKING CONTINENTAL BUFFET BREAKFAST |
08.45 |
OPENING REMARKS FROM THE CHAIR
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John Fahy, Managing Director, ERAS CONSULTING LTD
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CHANGES IN TRADING, CONTRACTING & PRICING |
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KEYNOTE: OPTIMISING LNG PORTFOLIOS & TRADING |
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- Emergence of LNG trading as a value driver
- How do the value drivers differ in the Asian, European and American markets?
- Balancing supply: optimising contracts, spot buying and storage assets
- The role of portfolio optimisation in managing risks and rewards for global players
- The future role of financial players
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LNG flexibility management and optimisation via the use of derivatives
Arnaud Cruiziat, Senior Structurer,GASELYS
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Rick Lorio, CEO, CONTINENTAL GAS STORAGE BV
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Questions & Answers
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THE EVOLUTION OF LNG PRICING |
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- How are price formulas changing?
- Price dislocation between markets
- Price transparency
- Is a "Gaspec" a reality?
- Crude linkage
- Are we moving to one global price?
- Market volatility
- Will the development of hubs in Continental Europe have an impact on LNG pricing towards these markets?
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Andy Flower, Independent Consultant, FLOWER LNG
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Questions and answers
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10.00 |
NETWORKING COFFEE BREAK
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PANEL DISCUSSION: WHAT IS CHANGING IN LNG CONTRACTING & TRADING? |
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- New trade flows
- Changing models of trade - short vs long term contracts
- Swaps
- Is market liquidity improving?
- Arbitrage opportunities
- Commercial and contractual terms
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CHAIR: Steven R Miles, Partner, BAKER BOTTS LLP
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David E Fuller, Head of LNG, RWE SUPPLY & TRADING GMBH
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Katsumi Kuroda, Senior Vice President, Energy Business Regional Coordinator for Europe, CIS and Africa, MITSUBISHI CORPORATION (UK) PLC
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Questions and answers
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SUMMIT ROUND-UP - WHAT WERE THE KEY TRENDS, THEMES AND OUTCOMES FROM WORLD LNG SUMMIT 2008 - WHAT DO THEY MEAN FOR THE MARKET? |
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Alirio Parra, Senior Associate, CWC GROUP LIMITED
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12.30 |
NETWORKING LUNCH |
14.30 |
CLOSE OF SUMMIT |