Summit Day One

 

07:45a.m  -  08:45a.m

Welcome Coffee & Registration


08:45a.m  -  09:00a.m

Chair’s Opening Remarks


Speakers

Pat Roberts - Managing Director  - LNG-Worldwide LtdPat RobertsManaging Director LNG-Worldwide Ltd

09:00a.m  -  09:10a.m

Keynote Address


Speakers

Rob Smith - Deputy Assistant Secretary for Oil & Natural Gas - U.S. Department of EnergyRob SmithDeputy Assistant Secretary for Oil & Natural GasU.S. Department of Energy

Keynote Address

Rob Smith, Deputy Assistant Secretary of Oil & Natural Gas, U.S. Department of Energy 

09:10a.m  -  10:30a.m

SESSION 1 – Understanding the Role of the Americas in the Current Challenging Global LNG Market


Speakers

Anatol Feygin - Executive Vice President and Chief Commercial Officer - CheniereAnatol FeyginExecutive Vice President and Chief Commercial OfficerCheniere
Jimmy Straughan - Chief Commercial Officer - LNG Americas - BPJimmy StraughanChief Commercial Officer - LNG AmericasBP
Akos Losz - Senior Research Associate, Center on Global Energy Policy - Columbia UniversityAkos LoszSenior Research Associate, Center on Global Energy PolicyColumbia University

An overall view of the Americas’ regional LNG supplies and import markets and their influence in the global gas industry 

Global LNG supply & demand balance: An overview for 2017 – 2020

  • Crude oil and HH prices: What is the outlook?
  • Analysing global energy demand and the role of LNG

           - Expected growth, new markets and new applications for LNG 

           - New energy and environmental policies and their effects on gas demand

           - New trends of sellers moving further downstream to create LNG demand 

  • Addressing the short-term LNG oversupply issue

           - How much oversupply is there relative to firm LNG demand?

           - How quickly can new LNG demand be created?

           - Where are the demands sinks for LNG short term?

           - How can everybody in the value chain work together to improve LNG competitiveness?

North America LNG export projects 2017 – 2020

  • Analysing the competitiveness of USLNG from the current wave of construction

          - Outlook for USLNG economics

          - Likely trade flows  

          - How much capacity is likely to run?

Latin America & the Caribbean: What is the role of the region in the global market?

  • What’s the appetite for LNG from existing markets and where will new demand come from?
  • What are the commercial drivers for regional buyers to switch to LNG?
  • What do countries in Latin America need in order to establish a long-term sustainable business?
  • New trends in LNG collaboration between buyers and sellers to develop flexible LNG contract structures
10:30a.m  -  11:00a.m

Networking Coffee Break


Hosted By

  • BP

11:00a.m  -  12:30p.m

SESSION 2 – Panel Discussion: Make American LNG Great Again


Speakers

Session Chair: Dena Wiggins - President & CEO - Natural Gas Supply AssociationSession Chair: Dena WigginsPresident & CEONatural Gas Supply Association
Fred Hutchison - Executive Director - LNG Allies Inc. Fred HutchisonExecutive DirectorLNG Allies Inc.
Charlie Riedl - Executive Director - Center for Liquefied Natural Gas (CLNG)Charlie RiedlExecutive DirectorCenter for Liquefied Natural Gas (CLNG)
Guillermo Turrent - CEO - CFEnergía - Comisión Federal de ElectricidadGuillermo TurrentCEO - CFEnergíaComisión Federal de Electricidad
Lieza Wilcox - Vice President Commercial and Economics - Alaska Gasline Development Corp.Lieza WilcoxVice President Commercial and EconomicsAlaska Gasline Development Corp.
Scott Atha - Director of LNG Marketing & Commercial Strategy - Bear Head LNG (Canada)Scott AthaDirector of LNG Marketing & Commercial StrategyBear Head LNG (Canada)

An analysis of the new US political horizon and its impact on LNG 

Understanding the new US energy policy

  • The outlook for gas development in the US

          - What will be the role of gas in the new energy plans?

          - How can the new administration help the industry in beating oversupply and growing demand?

  • The economic and political battle between coal and gas in the US – which wins and why?
  • How much support will there be from the government for a Second wave of LNG projects?

New border policies and its impact on international trade

  • Interpreting the new tax policies and its implications for LNG
  • A new climate for US external relations with LNG importers

          - How is this going to affect US LNG projects?

          - What happens to TPP?

          - The present and future of US and Mexico’s relationships

          - What changes can we expect between the US and Asia?

          - How does Canada fit in the equation for gas?

Putting it all together: North America LNG export projects 2020 – 2025

  • How much more competitive can the second wave of USLNG be?

          - Liquefaction cost reductions

          - The outlook for HH longer term

          - The ability of new projects to secure long term off-takers

  • Update on Canadian LNG projects: FID in 2017
12:30p.m  -  02:00p.m

Networking Lunch


02:00p.m  -  03:30p.m

SESSION 3 – The Dynamic World of LNG Business Models: Driving LNG Contracting through Flexibility & Innovation


Speakers

Session Chair: Jason Bennett - Co-Chair of Global Projects Department and Partner - Baker BottsSession Chair: Jason BennettCo-Chair of Global Projects Department and PartnerBaker Botts
Michiko Hirose - General Manager, Gas Resources Department - Tokyo GasMichiko HiroseGeneral Manager, Gas Resources DepartmentTokyo Gas
Keo Lukefahr - General Manager, Americas Natural Gas - PetroChinaKeo LukefahrGeneral Manager, Americas Natural GasPetroChina
Jason Feer - Head of Business Intelligence - Poten & PartnersJason FeerHead of Business IntelligencePoten & Partners
Alan Townsend - Senior Industry Specialist - International Finance CorporationAlan TownsendSenior Industry SpecialistInternational Finance Corporation

  • Risks in the LNG supply chain do not change – but the distribution of the risks do – what trends do we see in the sharing of risks between buyer and seller ?
  • Smaller and shorter LNG term contracts

          - What are the changes and how are sellers adapting to buyers requirements?

          - Is there any standardisation developing in LNG contracting to cope with the increasing number of contracts needed?

  • What are the required investment and the real price of new smaller projects?
  • Providing new levels of operational flexibility

          - Volume flexibility and seasonal intra- year flexibility

          - Cargo cancellation options

          - Are FOB contracts still popular or are sellers seeing more demand for DES sales?

          - Removal of Destination restrictions

          - Creating the ability for structural LNG freight swaps and vessel optimisation

  • LNG pricing
  • The trends of cost plus pricing versus value based pricing – what are buyers’ reactions?
  • Hybrid pricing structures – how popular are they?
  • Are sellers able to be flexible and adapt their pricing structures around buyers markets?
  • How much LNG on LNG competitive pricing are we seeing in the Americas?
03:30p.m  -  04:00p.m

Networking Coffee Break


Hosted By

  • BP

04:00p.m  -  05:15p.m

SESSION 4 – Panel Discussion: Financing LNG Development in the Americas. What is the Appetite of the Capital Markets?


Speakers

Session Chair: Inosi Nyatta - Partner - Sullivan & Cromwell LLPSession Chair: Inosi NyattaPartnerSullivan & Cromwell LLP
Luke Taylor - Senior Managing Director - Stonepeak Infrastructure Luke TaylorSenior Managing DirectorStonepeak Infrastructure
Sam Sherman - Executive Director & Group Head, Latin America Project Finance - SMBCSam ShermanExecutive Director & Group Head, Latin America Project FinanceSMBC
Nick Bellamy - Managing Director, Energy & Infrastructure Group - Crédit Agricole CIBNick BellamyManaging Director, Energy & Infrastructure GroupCrédit Agricole CIB

A: USLNG and Canadian exports

  • How much lending capacity exists for new LNG project lending?
  • Are there new contract structures that allow lenders to take more risk in USLNG export investments?
  • How will new projects raise enough capital to survive in this aggressive market?
  • Is it possible to finance projects without 20 year offtake agreements?
  • Business models for new LNG projects

          - Are new LNG projects downsizing to match buyers’ requirements?

          - Will LNG aggregators continue to play a significant role in the off-take of new LNG projects?

 B: Emerging markets

  • What are the pricing structures and the contract requirements for these new regional markets?
  • What types of solutions are available to manage less creditworthy customers to enable new contracts to progress?
  • What solutions are evolving for overcoming pricing risk and satisfy project payback needs?
05:15p.m  -  06:15p.m

SESSION 5 – Networking Roundtable Discussions


King & Spalding

  • 009 King and Spalding

A unique opportunity to make new contacts and discuss key challenges over a drink at this fun and informal networking gathering.

Discussion topics:

- How will the new Trump Administration likely impact the global LNG industry?

Led by: Charlie Riedl, Executive Director, Center for Liquefied Natural Gas (CLNG)

- How can North and Latin America better work together to develop a long-term sustainable business?

Led by: Vera de Gyarfas, Partner, Global Transactions Practice Group, King & Spalding

- How can new technologies bring down supply cost and open new markets?

Led by: Gonzalo Ramirez, Director - Development, Excelerate Energy L.P

- Are LNG long-term contracts a thing of the past?

Led by: Ken Culotta, Partner, King & Spalding

-Is LNG as a bunker or motor fuel a potential strong source of demand in North America?

Led by: CAPT Jason Smith, U.S. Coast Guard Detachment Chief, Liquefied Gas Carrier National Centre of Expertise

- How much volume is likely to be traded short-term and spot by 2020?

Led byCarlos Wheelock, LNG Americas, Vitol

 Is Henry Hub a desirable and competitive gas price index for tomorrow’s global LNG supplies?

Led by: Dan Rogers, Partner, King  & Spalding

-Given the recent US-China Trade Agreement, is China a viable customer for a significant quantity of U.S. LNG exports?

Led by: Dan McGinnis, Executive Vice President-Commercial, Commonwealth LNG

06:15p.m

End of Summit Day One


06:15p.m  -  08:00p.m

CWC LNG Americas Drinks Reception


Hosted By

  • LNG Hub

© The CWC Group 2017