An annual “must attend” for serious condensate buyers and sellers, the Condensate & Naphtha Forum brings together experts from the condensate, naphtha and petrochemical markets, who will share their insights and knowledge, through a series of presentations and panel discussions.
Discuss and deliberate market movements, the future direction of the industry and the impact on your operations.
The 25th Annual Condensate & Naphtha Forum (CNF Forum) originally planned as an in-person event from 14-15 December 2021, will be re-timed to the 1st quarter of next year. Based on feedback received from our Forum Alumni, despite the opening of quarantine free travel to Singapore via VTL flights and lanes, corporate travel restrictions still remain in place. These are expected to be removed in early 2022.
Thus to give more time for travel lanes to open from additional destinations to Singapore and to maximize the in-person Asian and international attendance, the organisers in consultation with the Conference Co-Chairmen from FGE, have decided to re-time the CNF Forum.
We will continue to monitor closely this evolving situation to decide on new dates for the Forum.
The organizers’ main concern, in addition to guaranteeing the health and safety of all our attendees, is to ensure a high level of attendance from stakeholders of the condensate & naphtha community, given that networking potential is one of the key characteristics of this event.
Stay tuned to this website for further updates.
To ensure that the safest possible environment is created, all attendees and stakeholders will be regularly updated at www.cconnection.org and individually upon registration, of the appropriate advisories, procedures and regulations in place by the relevant authorities in each location.
Please click here for details on our general health & safety protocols and specific protocols at the CNF Forum 2021.
As the world emerges from the worst of COVID-19, a new global challenge of reaching net-zero is forcing regulation, complexity but also opportunity, for the oil and gas business. While the goal seems simple, the process of reaching net-zero is far from simple. For condensate and naphtha markets, they have the added complication of navigating shifting geopolitical concerns and petrochemical market dynamics, intensifying the complexity in an already complex world:-
Energy Transition & Net-Zero Carbon considerations:-
Geopolitical Concerns & Petrochemical Market Dynamics:-
Join top management and energy experts from leading condensate producers, buyers and sellers in-person in Singapore this year, for frank discussions on the opportunities and challenges of the industry, as the world moves from the ravages of COVID-19 to the energy transition and a whole new world of net-zero carbon.
Chairman, FGE
___
Dr. Fereidun Fesharaki is the Founder and Chairman of FGE. His work is well-recognized worldwide for pioneering oil and gas market analysis and studies of the Asia Pacific/Middle East energy markets since the early 1980s.
He received his Ph.D. in Economics from the University of Surrey in England and then completed a Visiting Fellowship at Harvard University’s Center for Middle Eastern Studies. He joined the East-West Center in 1979 where he led the energy program as a Director and Senior Fellow till 2013.
In 1989, Dr. Fesharaki was elected a member of the Council on Foreign Relations in New York. Since 1991, a member of the International Advisory Board of JX Holdings (and its predecessor companies). He was the 1993 President of the International Association for Energy Economics (IAEE).
In 1995, he was elected a Senior Fellow of the US Association for Energy Economics for distinguished services in the field of energy economics. In 2002, appointed a Senior Associate of the Center for Strategic and International Studies in Washington, D.C. He received the Outstanding Contributions to the IAEE Award in 2012. He was a member of the Advisory Board of VOPAK LNG from 2013 to 2015. In 2014, he was appointed as Honorary Advisor by CNPC Research Institute of Economics and Technologies in Beijing. Dr. Fesharaki is the recipient of the 2016 Adelman-Frankel Award from the US Association for
Energy Economics (USAEE) for his unique and innovative contribution to the field of energy economics. In March 2017, Chicago Mercantile Exchange (CME) appointed him as a Director of the Dubai Mercantile Exchange Limited (DME). Since 2009, he has been a member of the DME Board of Directors. Dr.
Fesharaki has been appointed to the National Petroleum Council beginning in 2008 and most recently re-appointed by the US Secretary of Energy, Dan Brouillette in April 2020.
President, FGE Group
___
Dr. Jeff Brown, as President, leads FGE’s research and consulting efforts globally across oil, gas and NGLs. He oversees consultants based in Asia, Europe, the Middle East and North America.
FGE has over 350 clients globally subscribing to its various retainer, consulting and commercial advisory services. In addition to specialized consulting, FGE releases over 850 reports annually, ranging from two to 300+ pages. FGE also commits to visit and brief every client at least once annually. Dr. Brown both supervises and engages directly in all of these efforts.
Jeff re-joined FGE seven years ago from JP Morgan where he was Executive Director, Global Commodities Research/Strategy. He was a regular featured speaker at JP Morgan events and published widely on energy markets. Jeff also served as Senior Oil Analyst at the International Energy Agency in Paris. During this time, he developed the IEA’s short- to mid-term oil demand forecasting framework and led research examining oil/gas interfuel substitution. Before the IEA, he was a Research Fellow at the East-West Center in Honolulu where his primary emphasis was LNG Markets East of Suez.
Dr. Brown is the author of many articles in industry, economic, and policy journals and widely cited as an energy expert, including interviews with The Wall Street Journal and the New York Times and appearances on news channels such as CNN, CNBC and Bloomberg. He delivers numerous speeches and conducts specialized briefings around the world each year.
Director, Head of Crude, Inpex Energy Trading Singapore Pte Ltd, Singapore
___
Working Experience
Feedstocks, Chemicals, & Global Chartering Director, Braskem Netherlands BV, Rotterdam
Chief Executive Officer, Kristian Gerhard Jebsen Skipsrederi As, Norway
CNF 2021 Speaker
_____
Head, Production Partner Management Asia, Neste Asia Pacific Pte Ltd, Singapore
_____
Team Leader, Market Research, Kuwait Petroleum Corporation, Kuwait
___
Director, Consultancy & Research, EA Gibson Shipbrokers Ltd, UK
______
Richard joined Gibson in 2014 as the Head of Consultancy & Research having previously spent 5 years as a Business Manager at IHS Maritime & Trade. Richard’s primary responsibility is to advise Gibson’s broking and consulting clients on future freight market developments in order to inform chartering and investment strategies. In this role, Richard spends a significant portion of his time travelling internationally to present Gibson’s views on the market to clients and at industry events. Richard has a First Class degree in Business and Economics.
Managing Director, Rim Intelligence Company Singapore Branch
___
Chee Seng is the managing director of the Singapore Branch of Rim Intelligence Company. Graduated with a Master degree in Chemical Engineering, he has 20 years of experience in the oil & gas industry. He has been involved in supply operations and trading, market analysis as well as price assessments of various energy markets, including crude, petroleum products and LPG.
Head of Product, Climate Impact X (CIX), Singapore
___
Tom Enger is Head of Product for Climate Impact X, a new global exchange based in Singapore for listing of voluntary carbon credits and trading of environmental contracts. Tom previously developed derivatives strategy for Singapore Exchange (SGX) and the Baltic Exchange headquartered in London. Prior to this, Tom designed commodity benchmarks, trading platforms and analytics for S&P Global Platts. Tom has experience of over 50 different markets. He has degrees from Oxford and Durham Universities and an MBA from the National University of Singapore (NUS).
Consultant, Officium Projects Ltd, Hong Kong
____
Paul has more than 30 years’ experience in the petrochemical industry including 20 years working for Lyondell Basell and its predecessor companies, Basell, Montell and Shell Chemicals.
From 1991 to 2002 he was based in Australia and worked in a variety of technical servcie, product development, manufacturing, sales and procurement roles.
From 2002 to 2010 he was based in Hong Kong and was responsible for supply chain and procurement activities in Asia, Africa, the Middle East and the Indian Subcontinent.
After leaving Lyondell Basell, Paul has been working as a freelance consultant to the petrochemical and polymer industries. Paul also works with Officium Projects, a company which develops and commercializes specialty catalysts and the International Chemical Information Services training business delivering petrochemical and polymer training courses around the world.
Paul has a Bachelor of Applied Science and Doctorate of Philosophy majoring in polymer science both from the University of Melbourne.
CEO & Co-Founder, AirCarbon Exchange, Singapore
_____
Thomas is an exchange architect with a combined 30 years of experience across US and Asian Exchange and Regulatory frameworks, with a focus on the development of Exchange traded Cleared Futures and OTC products. His experience in exchange architecture and strategic development includes: West Texas Intermediate Petroleum Advisory Board, LPG product development and trading; Henry Hub Natural Gas contract, -Chairman Natural Gas Advisory, launched Henry Hub contract 1991, LNG, LPG product development and trading; traded as market maker and was Ring Chairman; BitGold, early adopter of the platform for purchase and payments based on physical gold holdings.
Managing Director of Middle East, FGE Dubai
CNF 2021 Speaker
MPGC 2022 International Advisory Committee Member
___
Dr. Iman Nasseri, as MD of Middle East, is in charge of FGE’s analysis and coverage of the Middle East. He covers both oil and gas, but is primarily focused on downstream oil. On the oil side, in addition to overseeing Middle East oil research, he works closely with the refining team and is involved with FGE’s Annual World Refining Outlook. On the gas side, Iman is mainly involved in adhoc/commercial LNG projects.
Iman received his PhD in Economics, focusing on energy economics, from the United States in 2013. He holds a Bachelor’s degree in Electrical Engineering and Master’s degree in Energy Systems Engineering.
Global Head of NGLs , FGE, Singapore
_____
As the Global Head of NGLs FGE, Thomas leads our global coverage of all liquids from the gas stream (C2-C10), including condensate. This includes advisory, insight and consulting on global NGL markets.
Through his time at FGE, Thomas has worked in a variety of roles across the energy landscape; focusing on refined petroleum products markets, NGLs & condensate markets, bunker markets, both onshore and offshore midstream, shipping and petrochemicals. Work includes feasibility studies, due diligence work and broader contract pricing.
Prior to FGE, Thomas worked as an equity analyst at the Private Bank, Kleinwort Benson, focusing on midcap equity research in the UK Oil & Gas Sector.
Thomas has an M.Sc. in Management from Imperial College London, a BA in History, Spanish & Portuguese from the University of Nottingham, and also attended the International Management Programme at Fundacao Getúlio Vargas EAE-SP in Sao Paulo.
Education
• CFA Level 1: Passed in June 2016
• 2013-2015: M.Sc. Business Administration and Management, Imperial College London, UK
• 2009-2013: B.A. Joint Honours Hispanic Studies and History, Nottingham University, UK
Work History
• 2019-Present: Global Head of NGLS
• 2017-2019: Consultant, FGE
• 2015-2017: Oil Team Analyst, FGE
• 2014-2015: Analyst, Kleinwort Benson, Equity Research & Portfolio Management
• 2011 (June-December): Chamber Analyst, British Chilean Chamber of Commerce
Languages Spoken
• English – Native
• Portuguese – Professional
• Spanish - Professional
Consultant, NGLs, FGE, Singapore
______
Armaan is currently an analyst at FGE in Singapore. In his role, he specializes in the Condensate and Naphtha markets with a focus on East of Suez region and plays a key role in the analysis and reporting for the Condensate & Naphtha monthly and the long-term Condensate outlook. Prior to joining FGE, Armaan worked at Freepoint Commodities LLC where he was an analyst covering middle distillates markets and supporting the trading floor. Armaan holds a Bachelor’s degree in Business Administration and a Bachelor’s Degree in Industrial & Systems Engineering from the National University of Singapore
