Reduced revenue for the oil-exporting countries in the Middle East is clearly impacting economies of the region, experiencing “the great demand slowdown” recently. But how long will the current situation last and how will this affect the regional demand in the longer term, or the investment plans for new local refineries? Are we going to see more JV investment in refineries abroad and demand centers? How will the Middle East’s crude and products export markets fare in this environment? How the fast-rising non-OPEC supply of crude and NGLs and the expected lower process affect the supply outlook for the Middle East Producers? What is the expected outlook on Chinese products exports? How IMO 2020 has impacted the market and will there be additional fallout?
These issues will all be addressed at the 27th Middle East Petroleum Insiders Briefing which provides a unique, authoritative, and up-to-date perspective on the regional and global implications of the new low oil price world.
Last year’s event focused on the new set of dynamics in the global oil market in a low oil price environment; this year, FGE will be assessing how the ongoing US battles of price/supply with OPEC and trade tariffs with China will impact the oil market. Both the up and downstream will be covered, providing detailed regional perspectives on production, oil demand, refining capacity and utilization, with the implications for the Middle East’s role in the rapidly-changing landscape of international products trade.
Held in conjunction with the MPGC Week Events 2020
The MPI Executive Briefing is co-located with the 28th Annual Middle East Petroleum & Gas Conference (MPGC) and all participants are invited to attend the MPGC 2020 Official Opening on 30th March at 5:00pm. The opening will be graced by His Excellency Shaikh Mohamed Bin Khalifa Al-Khalifa, Minister of Oil, Kingdom of Bahrain and will include Keynote Addresses from leading oil industry visionaries and will be followed by a dinner hosted by the Bahrain Petroleum Company. This will be a value added opportunity for MPI participants, who will have the opportunity to hear first-hand from the key policy and decision makers, as well as engage with the MPGC community from over 30 countries.