LNG trading is the next big thing in energy markets. In South East Asia, a whole new ecosystem comprising LNG traders, service companies and the supporting physical infrastructure is taking shape. The 2nd EMART Asia, taking place during Singapore International Energy Week next week, from 23 – 24 October, will be the anchor energy trading forum, focusing on LNG Energy trading in Asia which is set to continue its tremendous growth, both in the physical and financial markets.
“Countries such as Singapore, Malaysia, Indonesia and Vietnam are already building LNG terminals to receive LNG imports,” said Marcus Magee, General Manager of EMART Asia, “By 2015, Southeast Asia is expected to have 10 LNG terminals with a total capacity of 34 billion cubic metres. There is fierce competition between the countries as to who will dominate the LNG trading business.”
“We are very pleased to have Kasper Walet, the CEO of Maycroft, on board this year,” adds Magee, “Mr. Walet will be hosting our comprehensive Asian LNG Trading Workshop.
“Mr. Walet has 25 years of experience and extensive knowledge on a practical and theoretical level about all the aspects related to trading, derivatives and risk management in the energy commodity industry.”
- Maggie Jia, Vice President, Head of LNG Trading Asia, Morgan Stanley
- Dr. Yunji Xu, LNG Portfolio Trading, Shell Eastern Trading LNG
- Rajnish Goswami, Head of Gas & Power Consulting for Asia-Pacific & Middle East, Wood Mackenzie
- Mark Hutchinson, Senior Director, IHS Cambridge Energy Research Associates (CERA)
- Jim Nicholson, Vice President, Argus Asia
- Hong Chou Hui, Managing Editor, Platts Asia LNG Report
- Alan Heng, CEO, Gas Supply Pte Ltd
- Alan Bannister, Asia Director Energy, CME Group
- Dr Hooman Peimani, Head of the Energy Security Division at the Energy Studies Institute, National University of Singapore
- Travis Nadelhoffer, Director Energy Products, Morningstar
- Jennifer Ilkiw, Vice President, Asia Pacific, IntercontinentalExchange
- Prashant Modi, President & COO, GEECL and Chairman, FICCI Task Force on Unconventional Hydrocarbon Resources
- Praveen Kumar, Senior Consultant, Head of South Asia Oil and Gas Team, FACTS Global Energy
- Simon Ellis, LNG Analyst, ICIS
- Lewis McDonald, Partner, Herbert Smith Freehills LLP
- Ruchdi Maalouf, LNG Legal Consultant
- Nicolas Zanen, Vice President, Trading, Cheniere International
- Kasper Walet, CEO, Maycroft
Issues covered include:
- How is LNG trading evolving from a model of captive sales towards a commodity model and what will be the impact on your contract terms and conditions?
- Will gas and oil continue to be indexed together and how will the development of trading hubs across Asia help set an Asian price standard to break the dominance of the west?
- What new terms should you be negotiating as part of your LNG supply contracts particularly in relation to the LNG price formula and the price reopener clause?
- When will Asian utilities adapt their strategies from other fuel sources to LNG?
EMART Asia is a regional conference that focuses exclusively on LNG procurement – from spot trading and hedging to long term contracts and the development of an Asian based LNG trading infrastructure including its own price indexes, trading hubs, storage infrastructure and related derivative products. The event profiles the activities of LNG traders in Asia, and particularly in Singapore, as the LNG industry develops a new procurement model reflective of new supply and demand fundamentals. Although still far from being a commodity, LNG is undoubtedly emerging as an essential vector for world gas expansion.
LNG World News Staff, October 19, 2012