• 9th LPG Trade Summit | 11-13 Nov 2014 - Dubai

    9th LPG Trade Summit | 11-13 Nov 2014 - Dubai

  • Four Category Winners announced at LPGtrade Awards 2014

    Four Category Winners announced at LPGtrade Awards 2014

Bayegan endorses 7th LPG Trade Summit as Platinum Sponsor and host of Gala Dinner in Istanbul

In less than a month, key industry players and experts will be convening in Istanbul, Turkey, for the 2 day 7th LPG Trade Summit, organized by CMT with Platinum Sponsor, Bayegan.

An industry powerhouse with proven track record, Bayegan will play host of the Gala Dinner at the Galata Tower, one of the most striking landmarks in the city. All the speakers and participants of the event are invited to the dinner, a perfect opportunity to network and socialize while enjoying the scenic night view of the surrounding that exudes a tinge of historical elegance and rich Turkish culture. A line-up of orchestra and other performances has also been arranged to make this trade event a memorable one. See program itinerary below:

7th LPG Trade SummitGala Dinner at the Galata Tower

19:00 – Gather at Mövenpick Hotel lobby for transfer

19:30 – Arrive at Galata Tower

19:45 – Networking Reception

20:00 – Orchestra starts, followed by Dinner

20:30 – Performance

23:00 – Transfer Mövenpick Hotel Istanbul

Dress code: Business Casual

Don’t miss out on this golden opportunity to meet experts and decision makers from the industry. Register your team now or contact Ms. Huiyan at huiyan@cmtsp.com.sg for further queries.

Click HERE for the full agenda! 

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8% increase in LPG exports from ME to Asia; exports are main driver behind ships market growth

Global maritime consultants Drewry said in a report that the LPG (Liquefied Petroleum Gas) exports from the Middle East to Asia have driven the steady growth of the LPG fleet worldwide. It forecasts that due to strong LPG exports, demand for vessels will remain firm.

The industry analyst said the LPG shipping market has gained steadily over the year. Drewry said that firm demand from Asia and increased exports from Middle East have kept the market for larger vessels afloat. LPG export from Middle East to the Asian market grew 8% quarter on quarter to 8.7 million tons in April-June and 7% higher than in the same period last year.

Drewry said in a statement that rising LPG supply in Middle East coupled with relatively lower prices prompted nations to store. “Almost all Asian countries seemed to be scurrying to fill up their stocks in view of lower prices, coupled with instances of loading and unloading delays at a few ports, which further held up tonnage.”

More updates on outlook of LPG shipping market & freight rates will be available at the 7th LPG Trade Summit in Istanbul on 12-13 November. Pre-Register now or contact Ms. Huiyan at huiyan@cmtsp.com.sg for further queries.

Read complete article here.

 

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Global LPG demand on all-time high; rises by 1.4%

Heavy global extraction and refining of natural gas and oil is generating mass quantities of LPG for shipment. According to Oslo consultants, Lorentzen & Stemoco A/S, LPG trade will rise 3.9% this year and fleet growth by 2%. Five analysts’ estimates compiled by Bloomberg revealed that Exmar NV which operates 29 vessels will return to profit. The Middle East ranked the highest in export, while Asia is the largest buyer. Asia will use 3.4% more as shipments from the Middle East. The Middle East will also account for 29% of production growth and Asia, 90% of additional buying.

In the past decade, there has been a growing need for Exmar and BW Group Ltd.’s ships as global refinery capacity rose 11%. Steve Engelen, the manager of research and projects at Joachim Grieg & Co., said, “This market was in the doldrums for years, but now there are not many new ships and volumes are increasing. The additional volumes of LPG in the Middle East are so big they have to export, rather than consume them domestically.”

Also, JBC Energy’s findings confirm that global LPG demand will advance 1.4% to an all-time high of about 232 million tons this year.

In view of the rising supply and demand of LPG, the global LPG market, Incremental production & export growth in Black Sea, Middle East, North Africa and North Sea, as well as China & rest of Asia’s LPG demand are some of the key insightful topics that will shape the discussions at CMT’s upcoming 7th LPG Trade Summit on 12-13 November 2012 in Istanbul.

Watch this space for conference details which will be available soon. Meanwhile, one can Pre-Register to reserve places for the event.

For further details, contact huiyan@cmtsp.com.sg

View complete article here.

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Speaker Profile: Peter Manning, Consultant, Poten & Partners (UK) Ltd

Joined Poten & Partners (UK) Ltd, London in 1998 as petrochemical and natural gas liquids consultant. Previously, in 1993, set up Peter Manning Associates, providing the Association of Petrochemical Producers in Europe (APPE) with a quarterly report on Global Petrochemical Site Margin performance. In 1986 started up European office for CMAI – CMAI Europe – and oversaw the development of single and multiclient studies on petrochemical markets. Prior to that with Trichem Consultants and editor of European Chemical News (now ICIS Chemical Business) Career began with Esso Chemical at Fawley after graduating from Nottingham University with a degree in Chemical Engineering.

6th LPG Trade Summit 2011 Istanbul Speaker
Day 1 – Monday, October 31
09:25   The Changing Dynamics of Global LPG Trade

The 6th LPGtrade Summit provides an unrivalled platform for industry experts to network and exchange information on issues that shape the growth of the global LPG sector. To find more about 6th LPG Trade Summit in Istanbul from October 31 to November 2, 2011, please visit http://www.lpgworldforum.com

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Speaker Profile: Abdulla Sultan Al Nuaimi, Gas Sales Manager, Abu Dhabi National Oil Company (ADNOC)

Mr. Abdulla S. Al-Nuaimi graduated from Boston University with Master degree in Administrative studies with the concentration in Multinational Commerce. He’s been with ADNOC from more than 9 years. He worked as Sales Coordinator for Crude and Condensate Division and on July 2008, he was promoted as Gas Sales Manager looking after all Natural Gas and the LPG Sales locally and internationally.

6th LPG Trade Summit 2011 Istanbul Speaker
Day 1 – Monday, October 31
11:15   Abu Dhabi’s LPG: Production/Exports Outlook vs Domestic Demand, Marketing Plans Ahead

The 6th LPGtrade Summit provides an unrivalled platform for industry experts to network and exchange information on issues that shape the growth of the global LPG sector. To find more about 6th LPG Trade Summit in Istanbul from October 31 to November 2, 2011, please visit http://www.lpgworldforum.com

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Speaker Profile: Ms. Wunmi Onile-Ere, Trader, Oando Supply and Trading

Wunmi Onile-Ere joined Oando Supply and Trading in Nigeria in 2008 and has held various escalating roles with the company from covering Market Analysis to Trading and Distribution Supervision. She currently runs the company’s gasoline importation and distribution, the largest portfolio for an independent company in Nigeria. Oando Supply and Trading is a subsidiary of Oando plc, Sub-Saharan Africa’s leading integrated energy group. In 2010, she spear-headed the reemergence of LPG in the group’s trading portfolio; since then Oando has quickly become an active participant in regional LPG exportation and importation.

Prior to this, she worked for BP Integrated Supply and Trading in various roles in California and Chicago, in addition to a role as sole LPG Scheduler at BP Cherry Point Refinery, Washington State, U.S. Wunmi is a graduate of University of California, Los Angeles (UCLA) where she earned a B.A. in Economics and International Areas Studies.

6th LPG Trade Summit 2011 Istanbul Speaker
Day 1 – Monday, October 31
16:45   Trader’s Perspective on the Emerging West Africa (Nigeria) LPG’s Market

The 6th LPGtrade Summit provides an unrivalled platform for industry experts to network and exchange information on issues that shape the growth of the global LPG sector. To find more about 6th LPG Trade Summit in Istanbul from October 31 to November 2, 2011, please visit http://www.lpgworldforum.com

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Speaker Profile: Cristiano Honorio de Oliveira, LPG Trader, Petrobras Europe Limited

Cristiano Oliveira graduated in Chemistry in 1995 and got his PhD in Organic Chemistry in 2000.

From 2000 to 2001, he worked in research projects for ceramics, steel and oil industries in Brazil. In 2001, he joined the Mineral Technology Center – CETEM (one of the R&D institutions from the Science and Technology Ministry in Brazil), working mainly in ore characterization projects. In 2004, he joined PETROBRAS and became part of the LPG Trading Team in 2005. From then on, he has been dealing with brazilian LPG domestic market and also LPG international trading.

He has been based in Petrobras London Office since March 2010.

6th LPG Trade Summit 2011 Istanbul Speaker
Day 2 – Tuesday, November 1
09:35   Brazil´s LPG Market: Outlook & Updates for Imports & Trade

The 6th LPGtrade Summit provides an unrivalled platform for industry experts to network and exchange information on issues that shape the growth of the global LPG sector. To find more about 6th LPG Trade Summit in Istanbul from October 31 to November 2, 2011, please visit http://www.lpgworldforum.com

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Speaker Profile: Steffen Andersen, Vice President Chartering & Projects, Stolt-Nielsen Gas/Avance Gas

Since 1999 Steffen Andersen has worked within LPG trading, chartering and broking. He is currently heading the commercial operations in Avance Gas, an Oslo based Shipowner founded in 2009. His former employers are Lorentzen & Stemoco and Norsk Hydro Oil & Energy (now Statoil).

6th LPG Trade Summit 2011 Istanbul Speaker
Day 2 – Tuesday, November 1
10:40   Perspective on LPG Shipping & Freight Markets Outlook – Where are the rates and vessels heading?

The 6th LPGtrade Summit provides an unrivalled platform for industry experts to network and exchange information on issues that shape the growth of the global LPG sector. To find more about 6th LPG Trade Summit in Istanbul from October 31 to November 2, 2011, please visit http://www.lpgworldforum.com

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SIBUR joins as Silver Sponsor for 6th LPG Trade Summit on 31 Oct to 2 November 2011 in Istanbul.

SILVER SPONSOR

SIBUR

SIBUR is the leader of petrochemistry in Russia and Eastern Europe.  The Company operates across the entire petrochemical process chain from gas processing, production of monomers, plastics and synthetic rubbers to the production of mineral fertilizers, tyres and the processing of plastics.

SIBUR produces over 2000 different brands of products. The Company processes more than half of APG and produces 22% of propylene, 19% of polypropylene, 16% of polyethylene, 44% of synthetic rubbers, 24% of tires, 16% of fertilizers, and considerable part of other petrochemical products in Russian market.

SIBUR incorporates plants that employ over 50 000 people in 26 regions of Russia. The Company is managed along product-division lines: it incorporates Hydrocarbon Feedstock Division, Basic Polymers Division, Plastics and Organic Synthesis Products Division, Synthetic Rubbers Division, and two subsidiaries – SIBUR- Fertilizers and SIBUR-Russian Tyres.

Over recent years, the company has consistently delivered healthy financial and operational results. In 2010, SIBUR Group plants produced 16,5 million tons of petrochemicals and 15,3 billion cu m of dry stripped gas. SIBUR’s revenue in 2010 reached 239 billion roubles (over US$ 7,5 billion).

SIBUR International GmbH operates as SIBUR’s exports division responsible for supplying the holding company’s products to Europe and Asia. The company has storage facilities in Black and Baltic Sea ports which it uses to receive, hold and unload products.

SIBUR purchased a 100% stake in CITCO, a major liquefied petroleum gas trading company, in 2009 to expand its European marketing opportunities.  In September 2011 the trading company has been renamed to SIBUR International to facilitate further integration into the SIBUR system.

 

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Speaker Profile: Ms. Sandra Julio, Senior Crude Oil and LPG Marketer, Sonangol Limited

6th LPG Trade Summit 2011 SpeakerSandra Julio is a Senior Crude Oil and LPG Marketer from Sonangol. She started working for Sonangol in 1996 as a Systems Analyst, after graduating in Computer Science at the University of Salford in Manchester.

In 1998 she was invited to work at Sonangol USA in Houston-Texas as a Network Administrator and Assistant to the Operations Manager. In 2003 she moved to London to work for the Crude Oil Operations Department. In 2005, when Sanha LPG started its production, the company appointed Ms. Julio to be part of the LPG Marketing Joint Venture team at Chevron to get experience in the business. After two years she returned to Sonangol and helped setup the LPG sector at the trading department, and started marketing Angolan Crude Oil and LPG, where she remains until today.

As a crude oil and LPG trader, she has been involved in different marketing projects, contracts negotiations, setting up the new gas department inside the company, marketing crude oil and LPG cargoes and training new employees to develop knowledge in marketing gas.

6th LPG Trade Summit 2011 Istanbul Speaker
Day 1 – Monday, October 31
16:15   Growth Outlook for Angola’s LPG Production And Perspectives

The 6th LPGtrade Summit provides an unrivalled platform for industry experts to network and exchange information on issues that shape the growth of the global LPG sector. To find more about 6th LPG Trade Summit in Istanbul from October 31 to November 2, 2011, please visit http://www.lpgworldforum.com

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