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26th Middle East Petroleum Insiders (MPI) 2019


Discounts Available for Teams and FGE Clients

 

Reduced revenue for the oil-exporting countries in the Middle East is clearly impacting economies of the region, experiencing “the great demand slowdown” recently. But how will this affect the regional demand in the longer term, or the investment plans for new local refineries? Are we going to see more JV investment in refineries abroad, in demand centers? How will the Middle East’s crude and products export markets fare in this environment? Will rising US oil output overwhelm the market, or will lower prices put the brakes on supply? Will the upsurge in China’s products exports continue? How are Middle East refiners reacting in the run-up to IMO 2020?

These issues will all be addressed at the 26th Middle East Petroleum Insiders Briefing which provides a unique, authoritative, and up-to-date perspective on the regional and global implications of the new low oil price world.

Last year’s event focused on the new set of dynamics in the global oil market in a low oil price environment; this year, we will be assessing how the ongoing US battles of price/supply with OPEC and trade tariffs with China will impact the oil market. Both the up and downstream will be covered, providing detailed regional perspectives on production, oil demand, refining capacity and utilization, with the implications for the Middle East’s role in the rapidly-changing landscape of international products trade.

 

MPI will be taking place just before the Middle East Petroleum and Gas Conference 2019 week of events. FGE's 13th Middle East Gas Insiders (MGI) Briefing will be taking place on April 10-11, 2019.

Agenda

  • Day 1: AM Sessions
    Agenda April 6, A.M

    Session 1: Key Issues Confronting the Global Oil & Gas Markets

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

     

    Session 2: Oil Market Outlook

    • Will the current attempts to support/raise oil prices be successful? When could there be sustained price recovery?
    • Supply-side impact: For how long will output cuts be needed? Could non-OPEC production elsewhere, especially in the US, continue to undermine any deal to constrain supplies?
    • Demand-side impact: Will demand stimulus from lower prices now re-appear? Or will economic uncertainties and structural changes prevail?
    • Who are the main winners and losers if prices recover, or get even weaker?
    • Is there a supply shock down the road due to recent lower prices, or will there be a persistent oil market surplus?

     

  • Day 1: PM Sessions
    Agenda April 6, P.M

    Session 3: IMO 2020: How are the Major Players in Refining/Shipping Responding

    • How are refiners responding to the IMO challenge?
    • What are shippers doing to get ready for IMO?
    • How will fuel oil balances develop over the next few years? How will distillate balances react to the IMO changes? Will gasoline get left behind?
    • What will happen to product cracks and refinery margins?

     

    Session 4: Deep Dive on Asia: Major Changes and Challenges Ahead

    • Asian demand outlook: Will India be the new engine of growth? Which products are most promising? What are the key uncertainties to watch?
    • Refinery capacity: Additions and closures—Who is adding and why? What is real and what is not? What is the IMO 2020 response?
    • Products balances: What changes in trade flows can we expect around IMO 2020 and beyond
    • What are the critical pressure points to watch?

     

    China Brief

    • Will the independents continue to shake the refining landscape?
    • What can we expect for product exports? What are the constraints?
    • Outlook for oil products demand: Why has demand growth slowed and will it recover? What is the threat from EVs?
    • How much crude will China import and where might it be stored?
    • Where will China source its crude?

     

    Japan Brief

    • Japan’s shifting demand outlook.
    • Impact of industry consolidation?
    • Japan to turn to product exports?

     

    India Brief

    • India’s oil demand growth: Starts and stops—What to expect?
    • Refining sector: Expansions and upgrades underway. When will state refiners build new refineries?
    • Will rising demand keep a lid on future product exports?

     

    Other Major Players

    • Korea: Maintaining high runs?
    • Indonesia, Thailand, and Malaysia: Shifting priorities?
    • Australia and Vietnam: Changing crude and product imports.
  • Day 2: AM Sessions
    Agenda April 7, A.M

    Session 5: West of Suez Refining & Products Trade: Implications for East of Suez Markets

    • How much longer will the US refining boom last?
    • Is there light at the end of the tunnel for Venezuela, Mexico, Brazil refiners? (and what about the rest?)
    • Who are the game changers (if any) in the Atlantic Basin?
    • What is the future for Russian export barrels?
    • How can Asia muscle in on West of Suez markets?
    • How will Middle East refiners be impacted by changes in the Atlantic Basin?

     

    Session 6: Middle East Refining Landscape

    • Who is building what refining capacity and why?
    • Middle East refining expansions and growing products exports: Heading east or west?
    • Following recent trend of integrated refinery (and petrochemical), will COTC be the next wave?

     

    Session 7: Middle East Crude & Products Trade

    • What are the prospects for Iraq upstream? Crude output, existing KRG PSCs, northern Iraq production and exports.
    • Outlook for Middle East oil demand: Are subsidy policy changes shifting trends?
    • Latest situation in Iran, with particular focus on the impact of US sanctions.
    • How are the region’s product balances likely to affect the region’s product trade outlook within its traditional markets?
  • Day 2: PM Sessions
    Agenda April 7, P.M

    Session 8: The Outlook for LPG and Condensate

    • How are US exports impacting the East of Suez LPG market?
    • Can demand growth propel LPG price upwards?
    • Impact of sanctions and new condensate supplies.

     

    Session 9: Conclusions: Challenges and Opportunities

    • How are changing prices and strategies impacting different industry players?
    • Where are the opportunities and risks?
    • What are the key sensitivities and potential alternative scenarios?

Meet our Speakers

Ff Website
Dr. Fereidun Fesharaki
Chairman, FGE

Dr. Fereidun Fesharaki is the Founder and Chairman of FGE. FGE is a leading consulting group focusing on the oil and gas markets East of the Suez, Europe, and the United States, with offices in London, Singapore, Tokyo, Beijing, Dubai, Honolulu, California, and Houston. 


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Jeff Brown Website
Dr. Jeff Brown
President, FGE

Dr. Jeff Brown, as President, leads FGE’s oil and gas consulting teams. He is based at our Asian headquarters in Singapore, working closely with FGE consultants in Europe, the Middle East, and North America.


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Michael Barry Website
Mr. Michael Barry
Research Director, FGE London

Michael Barry has over 30 years of experience in oil/energy consultancy. He graduated with an M.A. in Economics from Cambridge University in 1978 and was employed as an economic report writer for Lloyds Bank, before spending 10 years at Petroleum Economics Ltd (PEL) where he was responsible for short-term oil and energy market analysis.


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Iman Website
Dr. Iman Nasseri
Managing Director - Middle East, FGE London

Dr. Iman Nasseri, Managing Director – Middle East, is based in London and specializes in both oil and gas aspects of the business. Before joining FGE London in 2014 as full time consultant, Iman was associated with FGE Hawaii for four years as part-time consultant. At FGE, he works closely with the Middle East gas and NGL teams, with his primary focus being NGLs, downstream oil, and natural gas/LNG.


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FAQs

  • How do I register for this event?

    You can register for this event in one of two ways:

      1. Complete the registration form on the back of the brochure and email it to [email protected]
      2. Complete the online registration form

     

  • Are FGE clients entitled to a discount on registration fees?

    Yes, FGE clients are entitled to a discount on registration fees. Further details of such discounts can be found in the 'Registration Fees' section or the brochure.

  • Are members of the press/media allowed to attend?

    Unfortunately, members of the press/media are not allowed to attend FGE briefings. If there is anything specific you would like to discuss with FGE, including insights on market developments, please contact [email protected].

  • Will I receive a copy of the presentation files? If so, when?

    All attendees will have access to electronic copies (PDF) of the presentation materials. Details of how to access the materials will be provided to attendees one/two days before the event takes place. We advise attendees to take a tablet or laptop with them to our briefings, so they can access the materials there and then.

Event Details


  Where & When

InterContinental,
Dubai Festival City,
P.O. Box 45777,
Dubai, UAE


 +971 04 7011111

 www.intercontinental.com/Dubai


Date: Sat/Sun April 6-7, 2019

  Registration Fees

FGE Clients: (use promo code FGEJV181 when registering online)

Full Fee - $3,300
Team Fee - $2,950**

Non-Clients:

Full Fee - $3,900
Team Fee - $3,300** 

MPI Joint Attendance with MPGC:

Non-FGE Clients - $3,600***

 

**Team Discounts available for second & subsequent delegate from the same company with the same billing address after 22nd February, 2019.
*** Only for non-FGE Clients

Fees are in USD.


Register Online >
  Organiser Details

This event is organised by:

Conference Connection Pte Ltd
135 Middle Road, #05-01 Bylands Buildings
Singapore 188975


 +65 6338 0064

 www.cconnection.org

Further Information

If you require additional information on this or any FGE service, including requesting a trial, or you would like to discuss ways in which FGE can assist you further, please contact a member of our sales team:


Mr. Robert Beckmann - Singapore

Head of Business Development
Tel: +65 6222 0045

Email Robert

Mr. Edo Ndeke - London

Business Development Manager
Tel: +44 (0) 20 7726 9570

Email Edo

Mr. Farhan Sulaiman - Singapore

Business Development Manager
Tel: +65 6222 0045

Email Farhan

Mr. Lance Ruxton - London

Business Development Manager
Tel: +44 (0) 20 7726 9570

Email Lance

Mr. TJ Braziel - Houston, TX

Business Development Manager
Tel: +1 (281) 819 1983

Email TJ