08:00 – 08:50 Registration & Coffee
09:00 – 09:10 Welcome Remarks
09:10 – 10:30 Session 1: LNG TRADING – STATUS CHECK & GLOBAL OVERVIEW
(i) Overview Global LNG Market
LNG trade & pricing in a commoditised world
Who is trading / where / how ?
LNG’s role in the Energy Transition
What can spoil the LNG party (don’t mention the glut)?
(ii) Impact of New Players
Portfolio & other new participants (FSRU & FLNG owners / Gas to Power Developers…) ! New players = new risks?
Impact of new players on contracts & prices!
(iii) LNG Contracts
End of long-term contracts?
Spot vs oil-indexed price differentials
New LNG contract cocktails?
Price Review Clauses
Finance: can lenders adapt to short term contractual structures?
(iv) Trading Technology
Overview of digital LNG trading expansion (the story to far & what we can expect going forward)! Why moving LNG trading online is important (liquidity & transparency)
10:30 – 10:45 Coffee Break
10:45 – 12:30 Session 2: BATTLE OF THE BENCHMARKS
(i) Global Benchmarks Overview
Hub history: current hubs & where the next hub locations might be
Hub checklist: requirements for a successful hub (storage,pipeline access, players, stage of gas market maturity..)
Why hubs matter: benchmarks provide greater transparency and confidence for stakeholders! Development of LNG derivatives market
Overview of main Asia gas hubs
Status of JKM (traded volumes, players, liquidity..)
Will JKM remain the key Asian benchmark?
SLiNG: what happened? Lessons learned?
Overview of European gas hubs
Traded volumes, players & liquidity
The reasons for TTF’s growth in status?
Is it game over for NBP?
Overview of main US hubs, and basis of price differentials
Relation of Henry Hub to AECO (past, present and future) given US LNG and Canadian LNG project development
Influence of HH on global prices
Growth & significance of of “Waha” price index
12:30 – 14:00 Lunch & Stadium Visit (20 minutes)
14:00 – 15:15 Session 3: EUROPE’S POSITION AS A PRICE BENCHMARK
(i) European Gas Market
Drivers of LNG trade in Europe?
The unhappy bride: Europe’s role as a destination of last resort
Europe’s growing influence as a pricing benchmark
Decarbonisation: impact on future gas imports?
(ii) LNG vs Pipeline Gas
Is pipeline gas still the king benchmark in Europe?
Potential for a price war between LNG and pipeline gas?
How much pressure can Russian pipeline gas exert on U.S LNG?
Infrastructure: storage capacity, import terminals showing signs of strain?
(iii) US Gas & EU Gas Prices
Influence of the U.S. gas market on gas price formation in Europe.
U.S. support of European LNG import terminals
Outlook for U.S. LNG exports to Europe
Outlook for U.S LNG exports to Asia – implications for Europe
15:15 – 15:30 Coffee Break
15:30 – 17:00 Session 4: LNG FREIGHT – THE VITAL LINK
(i) Innovation in the LNG Freight Market
LNG freight: the vital link
Development of short-term shipping market
LNG freight indices
Managing LNG freight risk
(ii) LNG Shipping Market
LNG carrier build outlook
LNG freight pricing: impact on LNG flows
Shipping fleet supply / demand spread
Floating storage & market contango opportunities
(iii) LNG Bunkering
Overview of existing & planned LNG bunkering sites globally
Forecast for LNG bunkering demand by 2030
Price assessments & transparency for LNG bunkering
Lessons for LNG cargo trade?
Wrap up & Close
THE VENUE – SOMETHING DIFFERENT
Competition exists between the different pricing benchmarks & hubs. Because of this competitive theme, and our desire to make this a workshop with a difference we’ve decided on a venue a little different ….
PARC DES PRINCES – PARIS
The workshop will take place in the mythical Parc de Princes — home to the world famous Paris Saint Germain football team!
Visit the Paris Saint Germain website to view the meeting facilities
We look forward to welcoming you in Paris on April 23, 2020!
Early bird rates, standard rates and group rates are available.
If you are a sponsor, and seats are included in your package, please contact us separately.
You may e-mail us at [email protected] or give us a call at +33 6 38 13 36 95 or + 44 207 164 60 26
The Global LNG Hub Workshop Series is a new and significant Iintiative for the LNG industry.
For companies looking to develop and leverage business opportunities, these workshops provide unique branding and hosting opportunities.
To discuss these unique branding opportunities for your company please get in contact.
Please contact us at [email protected] to receive further information
Several hotels are close by to the Forum venue:
Hotel Molitor (2 minute walk)
Price estimate: €250
Mercure Paris Boulogne Hotel (13 minute walk)
Price estimate: €200
Hotel Ibis Styles Paris 16 Boulogne (10 minute walk)
Price estimate: €160
Radisson Blu Hotel, Paris Boulogne (10 minute walk)
Price estimate: €360
LNG HUBS IN THE NEWS
Japan, the world’s biggest importer of LNG, hopes to become an international trading hub for LNG by the early 2020s”
Volumes for the Japan-Korea Marker (JKM) have tripled this year, underscoring a burgeoning shift away from long-term LNG contracts to spot deals that has been aided by a supply glut.”
Price correlations between European and Asian gas spot markets have strengthened in 2019 and will remain tightly linked into 2020 as the role of the Dutch TTF as a global gas benchmark gains further traction.”
Panama outlines its plans to be a LNG and energy hub for Latin America”
India to set up gas exchange for market-linked pricing in a move to encourage foreign players to invest in exploration and extraction of gas & help bring prices in line with international markets.”
USA: These four new terminals solidify the position of the U.S.A Gulf Coast as a global hub of the LNG industry”
LNG must become more price-transparent and sustainable to thrive in the next decade”
The Baltic Exchange is looking to support the LNG freight market as it matures and we hope to deliver greater transparency through an index.”
Global LNG Hub
As a neutral observer of natural gas markets, Global LNG Hub is uniquely positioned to undertake & host this timely series of workshops.
The Global LNG Hub weekly newsletter goes out each Wednesday.
For further information please consult our website www.globallnghub.com
Contact infos :
+33 6 38 13 36 95 ⎮ + 44 207 164 60 26