Background Image

20th Pacific Gas Insiders (PGI) 2020


Event Overview

Online Virtual Briefing - 9-11 December, 2020

Due to the unprecendented COVID-19 situation, FGE will be holding its Pacific Gas Insiders (PGI) briefing virtually this year. This briefing will continue to feature the same level of in-depth analysis and discussion as in previous years, but will now be taking place online over the course of three half-day sessions in December.

An industry-leading annual two-day forum for gas executives to assess options for building successful strategies for investment in LNG, pipelines, downstream natural gas, and power markets.

PGI 2020 will provide the opportunity to discuss key topics surrounding the ever changing gas and LNG business. Major developments in new and existing markets for natural gas in Asia will be covered. The impact of new LNG supplies from both the US and Australia on trade flows will be discussed. Recent trends in LNG pricing and contract terms will be reviewed. All this will be in the context of the global market as LNG transitions from a regional to a global business.

 

Download Brochure

 

Register Online

  

This briefing will be relevant for people working in:

  • Corporate/strategic planning and government relations
  • Projects, operations and resources
  • New ventures/markets, commercial, and business development
  • Trading, shipping and chartering
  • Marketers and business development managers
  • Contracts and legal managers
  • Research, economics and market analysis
  • Gas and LNG
  • Negotiations and investments
  • Investment strategy
  • Economists, policy makers, corporate planners and analysts
  • Marketing and Business Development Managers

Event Agenda

Session 1

Setting the Scene—Oil & Gas/LNG Markets

Dr. Fesharaki shares his views on the key issues confronting the global oil and gas business.

Dr. Fereidun Fesharaki, Chairman, FGE

Session 2

Roundtable Session—Long-Term Implications from Shifting Market Dynamics

  • Topics may include: What are the latest ‘fashions’ in East of Suez LT LNG contract terms? Fragmentation of demand vs. consolidation of supply—cyclical change or structural shift? What implications should buyers and sellers be aware of? How has US-China trade affected global LNG trade and contract negotiations? Will LNG ever become a commodity? Will price reviews become a thing of the past? Are new contract structures finding the middle ground in these volatile times? Carbon Neutral LNG as a new Trend?

Speaker: T.B.C.

Session 3

China’s Gas Market and LNG Imports

  • Outlook of China’s Gas Market 2020: Post-COVID 19, how fast can China recover?
  • China’s gas market liberalization: Progress since the establishment of PipeChina.
  • Emerging Chinese LNG Players: Recent activities and future plans.
  • China’s increasing pipeline gas imports in the early to mid-2020s: What’s the impact on LNG growth?

Speaker: T.B.C.

Session 4

LNG Supply—A Bumpy Ride to a Changing World

  • COVID-19 impact: How has COVID-19 impacted current and future supply projects?
  • Short-term supply outlook: How does the supply picture look like for projects currently operating and under construction?
  • Long-term supply outlook: How much new supply is needed from pre-FID projects, and how much can we expect?
  • Towards a new world order: LNG market evolution and changes to the development of new LNG supply projects.

Speaker: T.B.C.

Session 5

China: Established Asian Markets for LNG—Japan, Korea, and Taiwan

  • Japan: Focus on post-COVID-19 demand decline, prolonged price review and contract renewal discussions, which are hindering Japan’s new LNG procurement.
  • Korea: Discussion of new government policies to encourage natural gas consumption. Outlook for gas balance, discussion of independent importers’ demand outlook and LNG pricing.
  • Taiwan: Progress on Taiwan’s independent LNG procurement and key issues to look out for as Taiwan continues on its path towards a nuclear-free homeland.

Speaker: T.B.C.

Session 6

New Asian LNG Markets

  • Existing LNG importers in Asia: Thailand, Singapore, Malaysia, Pakistan, and Bangladesh. What drives the gas/LNG demand?Will there be new buyers, and how much more can they buy?
  • New and Upcoming LNG importers: Vietnam, Myanmar, and Philippines. Who are the serious buyers? When will delivery start?

Speaker: T.B.C.

Session 7

India’s Gas/LNG Demand Looks Set to Surge, But What will Drive it?

  • Overview of India’s gas market.
  • Fuel demand is pent up and air quality concerns are real, but what will allow India’s LNG demand to take off? Understanding fuel switching, infrastructural constraints, and India’s fragmented environmental policies.
  • What supports near-term LNG imports into India, a market hit hard by COVID-19?
  • Low spot LNG prices, good for near-term demand, not-so great for long-term procurement. How much long-term appetite do Indian buyers have?  
  • What is the current status of receiving, regasification, and pipeline projects in India? What changes can be expected through the mid-term? 

Speaker: T.B.C.

Session 8

LNG Outside of Asia

  • Global LNG surplus; role of Europe’s gas market in balancing supply/demand
  • How does Russian gas compete with LNG in Europe?
  • LNG in Latin America: How will the market dynamics shift in the long term?

Speaker: T.B.C.

Session 9

Short-Term Trading

  • Overview of the recent trends in spot/short-term LNG trading.
  • Outlook for fundamentals and pricing: Key periods of market length/tightness and implications for flat price and spreads.
  • Portfolio strategy and optimization: What are some of the ways that sellers, buyers, and traders manage their LNG portfolio?

Speaker: T.B.C.

Session10

LNG Shipping and Floating Regasification and Liquefaction

  • COVID-19 and impacts on LNG shipping charter rates. What are the prospects for strengthening the spot and short term charter rates?
  • Overview of the existing LNG fleet and order books. How many more LNG vessels will be needed to balance the market?
  • Qatar’s new orders and implications for the shipping market
  • Floating storage and regas units (FSRUs) are the preferred option for new LNG receiving terminals, but how many more will be needed? What is the outlook for floating liquefaction?
  • IMO 2020 regulations: What are the implications for LNG bunkering? 

Speaker: T.B.C.

The organizers reserve the right to alter the content and timings of the agenda.

Speakers

Fereidun -Fesharaki -web
Dr. Fereidun Fesharaki

Chairman,
FGE


read more

Shasha-Fesharaki-Web
Mr. Shasha Fesharaki

Executive Vice Chairman and Managing Director,
FGE USA


read more

Jeff -Brown -web
Dr. Jeff Brown

President,
FGE


read more

Alexis-Aik-Web
Ms. Alexis Aik

Managing Director, Global Gas/LNG Team
FGE Singapore


read more