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31st Pacific Petroleum Insiders (PPI) Briefing 2022


Event Overview

In-Person Briefing - 22-23 September, 2022

Early Bird Discount ends Friday 5th August, 2022.

Heightened uncertainty is driving almost every aspect of the crude and product markets.

While volatility is nothing new, the fact that numerous factors could each cause 1-3 mmb/d swings in oil use or availability is keeping the market on its toes. Russian and Iranian crude exports, Chinese demand and product exports, US oil output, the shaky global economy—further developments in any of these areas could send prices spiralling upwards or downwards.

Through it all, the Asia Pacific region remains a critical driver of global growth, interacting with every other region—whether it is importing crude or pulling/pushing products. It is critical to understand the forces behind these interactions, and how they will change over time.

Aside from market forces, in an ever-changing world it is vital to have insights on opaque government policies and shifting corporate priorities. FGE is uniquely qualified to shine a light on these key issues.

For further details on PPI 2022, please download the brochure or click through to our agenda page. 

 

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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
  • Crude, feedstocks, fuel, petrochemicals, 
  • 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

Setting the Stage: Global Oil Market Outlook in a Nutshell

  • Global Oil Demand: Where will demand grow? How are prices affecting demand? Will the impacts of COVID-19 linger?
  • Global Oil Supply: What is the future course for Russia, Iran and Venezuela? For US and Canadian production? Can OPEC really balance the market? Will OPEC deliver its planned new capacity by 2030?
  • Longer-Term Issues: When will peak demand come and what does it mean for the oil business? Who is best positioned for peak demand and who is exposed?
  • Will it be better to be positioned upstream or downstream? Who will outperform expectations?

Speaker: T.B.C.

Session 3

Roundtable on Critical Factors Driving the Oil Market

  • Deep-dive on the structural issues confronting the oil business.
  • Politics is driving everything: How will Russia, Iran and Venezuela sanctions likely evolve and what dislocations will they cause?
  • How will changing consumer habits alter oil demand? What is the real impact of electric vehicles and what are the key tipping points?
  • Which parts of the barrel will grow alongside “new energy” and which parts are exposed? Where are the interesting synergies?
  • Where will we see upstream investment? What will the refinery of the future look like?

Speaker: T.B.C.

Session 4

Asian Downstream: Business Drivers to Watch

  • How are Asian refiners dealing with sanctions issues? Who are the winners and losers?
  • How have COVID, ESG concerns and investment worries altered the Asian refinery landscape?
  • Has the demand trajectory shifted? Which countries and which products will lead regional demand growth?
  • Who is serious about building/expanding refineries and why? Which refineries will likely close?
  • What are the most interesting development opportunities for refiners/traders ahead? What are the key uncertainties to watch for and plan around?

Speaker: T.B.C.

Session 5

China: Which Direction will It Choose

  • Despite much talk of peak oil demand, China’s energy policy messaging is often unclear. What is the most likely path ahead for Chinese oil, gas and petrochemicals?
  • Where will China source its crude? Will it buy “tainted” barrels?
  • China has huge surplus refinery capacity. Will refiners be able use it? Or is China’s role as a major exporter of transport fuels a relic of the past?
  • What is the future of independent refineries? Who will be favoured and who will suffer?
  • Downstream outlook: Who will build what, and why in China?

Speaker: T.B.C.

Session 6

South Asia Outlook: Will India be the Shining Star?

  • India’s demand outlook: What will grow and what might stagnate? How quickly will electric vehicles penetrate the market? What about other countries in South Asia?
  • Short-term issues around demand destruction and the COVID-19 rebound.
  • Short-term issues related to crude supplies: How will India get the crudes it needs/wants? What about other countries in South Asia?
  • How will the large private refiners approach the market in the near to long-term?
  • The Indian government has ambitious plans to rebuild more new refinery capacity. Which of these projects will get the green light?
  • Could India shift to become a product importer?

Speaker: T.B.C.

Session 7

Japan: Refinery Consolidation Plans and Shifting Crude Slate

  • How are Japanese refiners emerging from the pandemic?
  • Will Japanese refiners continue to reduce capacity in-line with domestic demand, or turn to exports?
  • How might the Japanese crude slate shift?

Speaker: T.B.C.

Session 8

West of Suez Developments: Implications for Asia

  • How are developments with the war in Ukraine affecting crude/products trade flows and pricing?
  • How did Atlantic Basin refiners respond to COVID-19 weakness and how will the pandemic impact product cracks and refinery margins?
  • How will product exports and imports be impacted by new energy technologies?

Speaker: T.B.C.

Session 9

Middle East: Last Call for Refining Projects

  • Outlook for Middle East oil demand: high oil prices support demand from government expenditure and projects but how elastic is the relationship between consumer demand and the oil price?
  • Update on planned and under construction refineries: Is there going to be a final round of new projects backed by the region’s NOCs?
  • How are the region’s product balances expected to affect its product trade outlook? Will exports be heading East or West?
  • With the recent turbulence in the crude market, how much more supply can the Middle East bring to the market in the short term and in the long term?

Speaker: T.B.C.

Session 10

Outlook for LPG and Condensate

  • Middle East and US supply growth meets the Chinese PDH – the 2020s’ propane story continues.
  • Naphtha tightens, propane has a home. Is it butane’s time to shine?
  • 2030s and beyond for NGLs: Petrochemical demand growth meets plateauing oil demand.

Speaker: T.B.C.

 

Session 11

Challenges and Opportunities

  • Where are the opportunities and who are the potential winners and losers?
  • What are the key sensitivities and foreseeable surprises?

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


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Jeff -Brown -web
Dr Jeff Brown

President,
FGE


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Iman-Nasseri-Web
Dr Tomoko Hosoe

Managing Director,
FGE Japan


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Mia Circle
Ms Mis Geng

Head Consultant - China Oil Analysis
FGE Singapore


 

Ivan -circle
Mr Ivan Matthews

Consultant & Head of Asia Refining,
FGE Singapore

Armaan Circle Pic
Mr Armaan Ashraf

Head of NGLs,
FGE Singapore