Past Events

THE EVENT BELOW IS CLOSED.

6th LPG Trade Summit
Istanbul, 31 Oct-02 Nov 2011

A Global LPG Meet in Istanbul!

For some years, forecasters have predicted a step increase in LPG export supplies as new projects started up in the Middle East and Africa. It was expected to happen through 2009 – 2010 but instead global LPG exports in 2009 were below 2008 levels and exports in 2010 were up only 1%. The LPG capacity was there but lack of feedstock and operating problems meant that the new facilities were underutilized. Now there are signs that LPG production in the Middle East is finally starting to lift off, especially in countries like Qatar and Abu Dhabi. Global LPG exports in 2011 could well be up by approaching 10% with a further increase of around 5% in 2012, largely driven by expanding exports from the Middle East. Beyond that the export growth switches from the East to the West – particularly Africa but also the US Gulf.

So where will the new LPG export supply go? The East was thought unable to take all the extra supply volumes and the US Gulf was expected to absorb the Eastern LPG length. Now with the advance of shale gas production in the USA, and a consequent rise in gas liquids output, the US Gulf no longer imports LPG and has itself become a significant propane exporter. This means a reappraisal of LPG markets in the East and the West (including Turkey) to examine their potential to take markedly higher LPG volumes – and which demand sectors in particular this will impact.

In the past petrochemicals have been seen as the sector that will balance the LPG market. However last year LPG demand in Global petrochemicals grew by just 2%, and that was entirely due to greater LPG consumption in Saudi Arabia as new projects came on-stream. Petrochemicals clearly has a role to perform in the future LPG market but the extent of its role will be a function of price.”

~ Poten & Partners

Confirmed speakers to-date:

  • AYGAZ
  • Poten & Partners (UK) Ltd
  • Abu Dhabi National Oil Company (ADNOC)
  • SIBUR Holding
  • Qatar International Petroleum Marketing Co. (Tasweeq)
  • OTEKO
  • Sonangol Limited
  • Oando Supply and Trading
  • ConocoPhillips
  • Petrobras (Petroleo Brasileiro S.A.)
  • Avance Gas
  • Goldman, Sachs & Co

CMT is proud to announce the 6th LPGtrade Summit to be held in Istanbul’s Marmara Taksim Hotel, on 31 October – 2 November. Hosted by AYGAZ, this summit presents you with first-hand insights from major producers/exporters from Middle East and Russia, and importers (from Asia, Europe, Africa and Latin America), who “shape” the other side of the market dynamics. More than 14 industry executives from Turkey, Middle East as well as from Shipping, Petrochemicals and Financing will gear up to provide focused updates on pertinent LPG markets issues:

  • Growth of Turkey’s LPG demand/imports and perspective on distribution
  • Gain insights on LPG production versus export outlook from the Middle East & Russia
  • Evaluate the growth of petrochemicals sector and the corresponding competitiveness of LPG as petchem feedstock
  • Keep track on growth of Autogas in transportation fuels and how regulatory policy can further boost the sector’s growth
  • Gain insights on what’s happening in China and India and how domestic production can dampen imports
  • Get updates on the market dynamics of Africa’s LPG, on export, domestic demand and opportunities for international trade
  • Assess the opportunities available in emerging markets like Brazil
  • Grasp the latest on LPG freight rates and shipping market assessment
  • Be updated on the liquidity of LPG swaps and other risk management tools
  • Deepen your knowledge skills on LPG shipping economics and possible hedging measures

PLUS – Post Conference Workshop on
LPG Shipping Economics and Risk Management

2 November 2011
0830 – 1730 hrs. (full day workshop)

Workshop Facilitator
Amir. H. Alizadeh, BSc, MSc, PhD

Amir Alizadeh is a reader in “shipping economics and finance”, the former director of MSc Energy, Trade and Finance at City University Cass Business School (London), and a visiting professor at Copenhagen Business School, University of Geneva, and Old Dominion University. He has been teaching various topics including Shipping Economics, Econometrics, Energy Trading and Economics, Energy and Weather Derivatives, Shipping Finance and Investment, and Shipping Risk Management. His research interest includes, financial and commodity derivatives and risk management, modelling and forecasting commodity and freight markets, as well as shipping investment and finance. He has published in several academic journals in the area of commodity trading, transportation, finance, and economics. He is the co-author of the recently published book on “Shipping Derivatives and Risk Management”. Apart from academic research, he has been in close contact with the industry both as an advisor and as a consultant. He is also involved in running the Baltic Exchange course in “Shipping Risk Management” which is offered in maritime centres worldwide, as well as other courses in “Advanced Freight Modelling and Trading” and “Oil and Energy Transportation”.

Who should attend?
The aim of this innovative workshop is to provide participants with a comprehensive and practical insight into the LPG shipping economics and business, raise market awareness of risks involved in LPG shipping, and discuss various physical and derivatives instruments which can be used to control such risks efficiently and effectively. The scope of this course is wide and its applications can be useful not only to LPG owners, operators, and managers, as well as LPG shipbrokers, traders, and investors, but also to those involved in LPG ship finance activities, researchers, consultants and shipping funds investors.

Delivery
The workshop will be conducted through a mixture of lectures and presentations, case studies, as well as computer-based exercises. Full and comprehensive study notes will be provided which will offer a valuable source of reference during and after the workshop.

Be sure to attend this October’s LPGtrade Summit and make trade happen. Mark your calendar to be at this premier gathering of key stakeholders from the global LPG industry. Sign up with your team today.

YOU’LL NETWORK WITH
– Producers – Traders – Importers – Exporters – Distributors – Brokers – Ship Owners/Managers – Shipping Agencies – Supply & Trading Managers – Feedstock Purchasing Managers – Chartering Managers – CEOs – Managing Directors – General Managers – Business Development Directors – Director of Marketing – Regional Representatives – Petroleum Downstream Business Directors – Commercial Directors – Global & Regional Oil Corporations – Refineries Managers – Representatives from Storage & Terminalling Companies -Insurance,Trade & Structured Finance Banks

CUSTOMISED SPONSORSHIP PACKAGES AVAILABLE
This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Gold, Corporate, Exclusive luncheon & Cocktail sponsor. Exhibition / catalogue display can be arranged upon request. Contact nisha@cmtsp.com.sg or (65) 6346 913

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5th LPG Trade Summit 2010
Abu Dhabi, October 24-26

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5th LPG Trade Summit – the most important and biggest meeting venue for all stakeholders involved in production, imports, marketing, shipping and logistics of LPG across Middle East and the world!

“The long-awaited upsurge in LPG exports has finally begun. Increased supplies from the Middle East (especially Qatar and Abu Dhabi) are starting to reach the market. More production is also emerging from West Africa.
As of now, these new volumes have not yet triggered a rush to locate new buyers.  So far, the expectation that petrochemical-feedstock’s LPG demand would have to rise to accommodate the increased supplies has not been realized.  On the contrary, there has been less LPG imported by petrochemical companies this year than last.
So what are the factors that are at play in today’s market and how will things change in the next 12 months and beyond?”
~ Poten & Partners

CMT is proud to announce the 5th LPGtrade Summit to be held in Abu Dhabi’s Sheraton Hotel & Resorts, on 25 – 26 October. This summit present and offers you the opportunity to evaluate what lies ahead for global LPG trade and market dymanics, with first-hand insights from major producers, exporters and importers who determine the “shape” of the market.
More than 15 industry executives from Asia, Middle East as well as from Shipping, Petrochemicals and Financing will gear up to provide focused updates on pertinent LPG markets issues:
  • Growth of Abu Dhabi‘s production and export strategy
  • Assess the Impact from the rise in global LPG production from the Middle East & Corresponding Growth in Demand
  • Evaluate the competitiveness of LPG as petrochemical feedstock and be updated on the recovery of the petchem sector
  • Keep track on growth of LPG usage in the transportation fuels market with focus on the growing India‘s market
  • Gain insights on what’s happening in China and India and how domestic production can dampen imports
  • Assess the opportunities available in emerging markets like Brazil and Oman
  • Stay tune to the shipping panel and get the latest on freight, fleet availability, and assessment of the VLGC, MGC, and pressurized ships
  • Grasp good understanding on tools for hedging and risk management

Be at this exciting event and make trade happen. Mark your calendar to be at this premier gathering of key stakeholders from the global LPG industry. Sign up with your team today at www.cmtevents.com or www.lpgworldforum.com.

Sponsor & Exhibit at 5th LPG Trade Summit 2010

5th LPG Trade Summit is an effective platform to market your company profile, offerings & solutions for the unique operating requirements for the industry.

If you have a product, solution or service that you want to profile to a targeted audience of LPG leaders – sponsorship & exhibition opportunities are available for you to showcase your expertise to delegates during the 2 day event.

Contact Nisha Goshawk at +65 6346 9130 or nisha@cmtsp.com.sg for detailed information today!

And here’s what your industry peers said about our 2009 meet:

Well organized, excellent speakers. I feel LPG enthusiasts must attend this Summit!
~ LPG Centre of Japan

Comprehensive, relevant and great networking.
~ Vopak

Good overview and large participants makes for a great conference.
~ Petroleum Corporation of Singapore

Exciting! So much information to obtain|
~ Tasweeq

A very good event to update us on LPG market outlook and business opportunities.
~ PERTAMINA

Well organized event. Presenters were good, interesting and informative.
~ Qatar Petroleum

Gained Insights on the LPG business and outlook for the future at the conference.
~ QATARGAS OPCO

An Unforgettable & Appealing experience that kept me thirsty for the next summit!
~ OMAN Refineries & Petrochemicals

Good Learning & Networking Experience.
~ Brothers Gas UAE

Don’t miss your chance to attend this annual meet of LPG suppliers and traders who will share on future LPG supply from their companies and potentially seek long-term supply contracts. Register today to secure your access to the high calibre speaker line-up that includes key executives from the global LPG marketplace:

  • ADNOC
  • Poten & Partners
  • Petrobras
  • JOVO Energy
  • Inge Steensland
  • Petrovietnam
  • ViaMar AS
  • Indian Auto LPG Coalition
  • PTT
  • Pertamina
  • Indian Oil Corp.
  • SK Gas

and many more to confirm their contribution very soon.

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4th LPG Trade Summit 2009
Doha, November 9-11

SCHEDULE | DOWNLOAD PDF BROCHURE | HOME

4th LPG trade Summit in Doha on 9-11 Nov. 2009 is set to be the Biggest International LPG meet!

 

Key LPG executives from all over the world have already blocked their November dates to participate in the 4th LPGTrade Summit, emerging as the world’s most influential LPG industry meet!  And their reasons for signing-up again this year…

 

Reason #1 – To Hear from heads of OPEC, Qatar Petroleum, Exxon-Mobil, Sonatrach, Shell, BP, TOTAL & Tasweeq… 8 Leading Influencers of World LPG tradeflows!

The 4th LPGtrade Summit conference opens with a bang on 10 November, with 5 eagerly anticipated keynote addresses:

  • OFFICIAL OPENING address by H.E. Abdullah Hamad Al-Attiyah, Deputy Premier, Minister of Energy & Industry & Chairman of Qatar Petroleum
  • Global Energy Markets Outlook address by HE Abdalla Salem El-Badri, Secretary General, OPEC – Organization of Petroleum Exporting Countries
  • Delivering Qatar’s Energy to the Globe’ paper by Ali Al-Hammadi, CEO, Tasweeq, Qatar International Petroleum Marketing Company Ltd.
  • Presentation by Dennis M. Houston, Executive Vice President, ExxonMobil Refining & Supply Co &
  • Contribution from Dr. Chawki Rahal, Executive Vice President, Sonatrach, Algeria

In addition to above addresses, Major oil companies including Shell, BP and TOTAL will share views on Strategic developments in the LPG industry. On their presentations list:

  • Recovery of the Global Petrochemical Sector and Impact on LPG’s Demand by Phil Parker, General Manager- New Business Devt, Shell Chemicals ME
  • Global LPG Supply & Trade Patterns by Andy Laven, Vice President, Integrated Supply & Trading, BP- Dubai
  • LNG versus LPG: Co-Products and Competitors by Philippe Sauquet, Vice President, TOTAL- France

 

>>Come to 4th LPGtrade Summit, to hear from these 8 leading LPG industry players. Confirm your participation here…<<

Reason #2 – To Stay Abreast of pressing LPG market concerns & Top Trends! Panelists share updates on production, pricing, export, demand, shipping & more…

At 4th LPGtrade Summit, leading financial institutions, NOCs and Energy Majors will contribute in 2 key focus sessions covering:

GLOBAL MARKET ISSUES INCLUDING:

  • Global Macro Economic Outlook by Standard Chartered Bank
  • LPG Market Outlook: Balancing the Market by Poten & Partners
  • Analysis and Outlook of the LPG Shipping Market by Qatar Gas Transport Company Limited (NAKILAT)
  • LPG Paper Markets as a Risk Management Tool by Goldman Sachs
  • LPG’s Competitiveness as Autofuel in the Transportation Market by World LP Gas Association

Raise your top concerns on the Future of LPG Pricing in during LPG Pricing Panel Discussion

Engage Pricing experts to tackle issues shaping LPG pricing during our LPG Pricing Panel Discussion! Issues up for Consideration include:

• Drivers of LPG pricing

• Perspective on the strength of pricing benchmark

• What to look forward to in mid-term (12 – 18 months) and long term

DOMESTIC MARKETS FOCUS TOPICS ON:

1. THE SUPPLY STORY FROM KEY LPG PRODUCERS:

  • Abu Dhabi by Abu Dhabi National Oil Company (ADNOC)
  • Kuwait by Kuwait Petroleum Corporation

 

2. THE MARKET STATUS IN KEY LPG CONSUMING COUNTRIES:

  • Japan LPG Market Dynamics
  • Korea LPG Market Dynamics
  • China LPG Markets by China Gas (LPG) Asian Headquarters
  • India LPG Markets by Indian Oil Corp
  • USA LPG Market Outlook by ConocoPhillips
  • South Europe LPG Imports by SHV Supply & Risk Management
  • North West Europe LPG Market Dynamics by StatoilHydro ASA

 

3. OPPORTUNITIES & DYNAMICS OF EMERGING LPG MARKETS:

  • LPG Market in Indonesia by PERTAMINA

>>Act now to secure your seats at 4th LPGtrade Summit for a chance to hear from, question & interact with these industry experts on key international & domestic LPG market dynamics.<<

Reason #3 – To Participate in a practical workshop covering Freight Derivatives & Financial Instruments…

The 4th LPGtrade Summit has dedicated 9 November 2009 for a pre-conference workshop that look at core concerns in the LPG trade flow.

WORKSHOP (0830 ~ 1730 hrs):
LPG SHIPPING ECONOMICS AND FREIGHT DERIVATIVES

Led by Dr Amir Alizadeh, Director of MSc Energy at City University Cass Business School (London) & Steve Engelen, Senior Shipping Analyst at Lorentzen & Stemco A/S.

The Innovative WORKSHOP leverages on a mixture of instructional tools including lectures, presentations, case studies, & computer-based exercises to provide comprehensive insight into the LPG shipping economics and business.

>>Click for more details on WORKSHOP and book your seats at these workshop! <<

Reason #4 – To be a part of the exciting line up of fringe activities, including a Golf Championship, a visit to Ras Laffan in Qatar & more…

As an attendees at the 4th LPGtrade Summit, you will have ample opportunities to network and learn at the fringe events organized on 8, 9 & 10 November 2009! You have the option of participating in:

  1. The 4th LPGtrade Golf Tournament – 8 November 2009, Sunday
    An 18 holes Championship game at the Doha Golf Club, sponsored by RasGas and QatarGas open to 4th LPGtrade Summit attendees. Participate in this full day event for a chance to win attractive prizes and interact with your industry peers! (limited spaces available)
  2. 4th LPGtrade Gala Dinner – 10 November 2009, Tuesday
    Enjoy Qatar’s legendary Arabian hospitality at the 4th LPGtrade Summit Gala Dinner, hosted by Tasweeq and Qatar Petroleum. A truly special experience awaits all 4th LPGtrade Summit participants at the Gala Dinner in Qatar’s world-renowned Museum of Islamic Art.
  3. Ras Laffan Industrial City Tour – 9 November 2009, Monday
    Don’t miss this opportunity to visit to Ras Laffan Industrial City (RLIC) on 9 November. 4th LPGtrade Summit participants will get to view first hand, the largest natural gas processing and exporting facilities in the world. Gas production at Ras Laffan will reach 23 billion cubic feet a day by 2012, representing the single largest concentrations of capital investment in the world. (REGISTRATION CLOSED FOR RLIC TOUR)

>> Confirm your participation at the 4th LPGtrade Summit here, for automatic access to the 4th LPGtrade Summit fringe events!<<

The last (and most important) reason why your peers are attending 4th LPGtrade Summit

Reason #5 – To Meet Potential Partners; Amass Valuable Contacts & Increase Company Profile at 4th LPGtrade Summit.

As the world’s most influential LPG meet, the 4th LPGtrade Summit offers unparalleled opportunities to meet old friends, make new ones, and nurture business partnerships — while you continue to expand your knowledge of the latest developments in the global LPG marketplace.

Network with C-Level executives, and leading LPG sector players including:

  • Producers
  • Traders
  • Importers
  • Exporters
  • Distributors
  • Brokers
  • Ship Owners/Managers
  • Shipping Agencies
  • Supply & Trading Managers
  • Feedstock Purchasing Managers
  • Chartering Managers
  • Global & Regional Oil Corporations
  • Refineries Managers
  • Storage & Terminalling Companies
  • Insurers
  • Trade & Structured Finance Banks

In short, you will find the people you want to know at the 4th LPGtrade Summit to help you expand your LPG Business and vision in today’s challenging environment!

PS: Sign up for the 4th LPGtrade Summit with two colleagues to enjoy our Special Group Fee!

About CMT’s LPG TRADE SUMMIT
Retaining its status as the most influential international LPG meet, 4th LPGtrade summit takes center stage in Doha, held under the patronage of HE Abdullah Bin Hamad Al-Attiyah, Qatar’s Deputy Premier & Minister of Energy and Industry and hosted by Tasweeq.

The 4th 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.

Featuring 2 ministerial levels’ address and a panel of over 20 senior executives, 2 pre-conference workshops, and a vast array of bespoke networking events and social functions, 4th LPGtrade Summit is The LPG Event to Attend for organizations seeking to influence international LPG industry buyers and decision-makers.

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3rd LPG Trade Summit 2008
Dubai, November 10-11

SCHEDULE | DOWNLOAD PDF BROCHURE | HOME

Vital Buyer-Seller Meet

Into its 3rd year, CMT’s LPGtrade Summit is the PREMIER Middle East gathering for the global LPG industry.  Taking place on 10 – 11 November 2008, this event is expected to draw LPG players from key corners of the globe. Held at one of Dubai’s most prestigious resorts – the InterContinental Dubai Festival City.

Recent rise of gas production from Qatar, Abu Dhabi and expanded refining capacities in Asia and Middle East have boosted LPG supplies and exports increased multifold.  The expanded supply is cushioned by the moderate demand growth, contributed by Asia’s energy hungry market and petrochemical sector.

The unpredictable and tight Naphtha market which sends the crack spread value to the negative digits, provides LPG its competitive advantage as the alternative feedstock for petchem producers in Asia, USA and even Europe.  With such volatile market situation, how long will the new export sector sustain its demand for LPG?  Also how will the rise of the MidEast petchem production impact on the export capacity?

Due to its cheaper price and cleaner exhaust emissions than petrol, LPG has become an attractive alternative energy for transportation.  Growth in the Autogas conversion has created a surge in LPG demand, as evident in Pakistan, Australia and Europe.

CMT’s 3rd LPGtrade Summit offers top industry panel, leading international LPG decision makers and market players unique opportunities with a particular focus on the Middle East where key decisions steering the global LPG pricing, trading, transport and supply are being made.

Mark your calendar to be at this premier gathering to network and forge lasting business opportunities.

Attend CMT’s 3rd LPGtrade Summit to:

  • Meet and hear key producers from Saudi Arabia, Qatar, Iran on LPG production, export potential and markets.
  • Latest on LPG trade and pricing outlook
  • Gain first hand information on how soon Nigeria will switch from a LPG importer to exporter
  • Unfold new export opportunities from emerging markets such as Vietnam and Brazil
  • Make deals with key importers from US, India, China, Japan, Korea, Indonesia and Thailand
  • Assess the opportunity impact from India’s refining capacity growth
  • Cross examine the growth of petrochemicals sector including feedstock demand and cracking economics
  • Evaluate the competitiveness between LPG, Naphtha, Natural Gas and other alternative feedstocks.
  • Review current hedging strategies to manage price volatility between LPG and Naphtha for maximum returns
  • Access to more than 8 hours of networking opportunities with key stakeholders including exporters and importers, refiners, national oil companies, oil majors, ship owners, brokers and charterers and etc

YOU’LL NETWORK WITH
• Producers • Traders • Importers • Exporters • Distributors • Brokers • Ship Owners/Managers • Shipping Agencies • Supply & Trading Managers • Feedstock Purchasing Managers • Chartering Managers • CEOs • Managing Directors • General Managers • Business Development Directors • Director of Marketing • Regional Representatives • Petroleum Downstream Business Directors • Commercial Directors • Global & Regional Oil Corporations • Refineries Managers • Representatives from Storage & Terminalling Companies • Insurance, Trade & Structured Finance Banks

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2nd LPG Trade Summit 2007
Dubai, November 19-20

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The Action is Happening Now in the Middle East

Middle East is expected to contribute about 40% increment to the global LPG supply, with output expected to rise by 19mn t/yr to reach 54 mn t/yr by 2012. The bulk of new supply will be a by-product of non-associated gas output, arising from Qatar, Iran and Abu Dhabi. Gas and condensate projects in Qatar and Iran are due to add 5.2 mn t/yr, while additional output from Abu Dhabi is expected to be 7.8mn t/yr.

Whilst the producers toggle with decisions about export markets, prices and eventually ROI, this rise of LPG supply is promised to shake up the global LPG industry, pricing and benchmark, trading and terms of business.

This changing market dynamics give rise to new export opportunities such as petrochemicals and the competing LNG markets, as well as the US Mont Belvieu. Does this spell a bullish season? These new developments set the stage for our discussion at 2nd LPGtrade Summit at the Park Hyatt Dubai.

2nd LPGtrade Summit promises direct interaction opportunities with the LPG producers, traders, buyers, NOCs and petrochemical feedstock purchasers. Join in the discussions on key issues and challenges affecting the LPG industry to 2010 and beyond.

Leading industry panel will share on the following:

  • Outlook of Middle East LPG production & expansion on export plan
  • Changing market dynamics and impact on LPG prices and trade
  • Risk management option in the volatile market
  • Freight market outlook and response
  • A re-look at specification and testing benchmark (e.g. mercury level)
  • Mont Belviue market and storage capacity
  • Petrochemical market focus: feedstock situation: Naphtha versa LPG – on cracker economics

Presenting a latest view of the industry, 2nd LPGtrade Summit features key organisations and senior decision makers, providing attendees with exceptional networking and business opportunities.

A must attend event.  Mark your calendar to be at this premier gathering of key industry players.

2006 Testimonials/Accolades

“…Globally was a great success” ~ Ali Benbouzid, Sonatrach

“CMT has selected Dubai in November for this important conference…a great location at a great time of year.” ~ Will Schmidt, ConocoPhillips

“Good opportunity to network with the principle market participants.” ~ Anthony Phillips, Statoil

“CMT has done a very good job in their first LPG conference and Dubai was a very good and warm location for this event.”

~ Ayse Abamor Bilgin, Aygaz

” The conference, which covered highly interesting and up to date topics, was excellent, well arranged and in just the right location. A repeat in 2007 is essential” ~ Michael Hoare, MCH Oil & Gas Consultancy

You’ll network with
• Producers • Traders • Importers • Exporters • Distributors • Brokers • Ship Owners/Managers • Shipping Agencies • Supply & Trading Managers • Feedstock Purchasing Managers • Chartering Managers • CEOs • Managing Directors • General Managers • Business Development Directors • Director of Marketing • Regional Representatives • Petroleum Downstream Business Directors • Commercial Directors • Global & Regional Oil Corporations • Refineries Managers • Representatives from Storage & Terminalling Companies • Insurance, Trade & Structured Finance Banks

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LPG Trade Summit 2006
Dubai, November 14-15

SCHEDULE | DOWNLOAD PDF BROCHURE | HOME

Global LPG Outlook

LPG supplies are projected to increase markedly from the current 50 million tons to 75 million tons by 2010. Primarily as a result of the tremendous growth in LNG production. The Middle East and North Africa regions have further strengthened their position as the production source for LPG. Abu Dhabi has laid out their plans to double its LPG exports to16 million tonnes per year by mid-2008 against current exports of eight million tonnes to become one of the top three exporters in the next five years.

This significant increase in LPG supply will put additional pressure on shipping capacity. In recent years, LPG shipping rates have surged strongly as LPG supplies expanded. The market has tightened since the second half 2004 when VLGCs became scarce on the spot market.

Asia’s LPG demand is expanding dramatically by more than 6%/year. This is followed by North America and India. The Middle East is also experienced strong demand growth, driven by the addition of several LPG-based petrochemical projects. The amount of LPG consumed in each region will also be subjected to the price and availability of LPG, relative to the alternatives. Whilst Asia continues to drive the consumption and demand for LPG, the dynamic autogas market has further expanded the demand for LPG.

CMT’s LPGtrade Summit 2006 conference brings together leading panel of LPG producers, importers and experts. Continuing to examine the key issues that are crucial to the future development of the region, this conference, focuses pertinent issues as:

  • World LPG outlook
  • Emergence of sour gas, condensate & natural gas
  • Production analysis from the Middle East region – Saudi Arabia, Oman, Qatar, etc
  • Imports and demand drivers: reviews from India, China, Taiwan, Japan, South Africa & Australia
  • Creating advantage from shipping and logistics

Presenting a complete and up to date overview of the global LPG industry, the event will feature key organisations and senior decision makers, providing attendees with exceptional networking and business opportunities.

You’ll network with
• CEOs • Managing Directors • General Managers • Business Development Directors • Director of Marketing • Regional Representatives • Petroleum Downstream Business Directors • Supply & Trading Managers • Feedstock Purchasing Managers • Commercial Directors • Global & Regional Oil Corporations • Refineries • LPG Traders & Brokers • Representatives from Storage & Terminalling Companies • Shipping Managers • Chartering Managers • Insurance, Trade & Structured Finance Banks

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