MPI 2018: Your Update on the Downstream Markets
The dramatic fall in oil prices created a new set of dynamics in the global oil market, generating a range of fundamental questions for developments in the Middle East and beyond. Reduced revenue is clearly impacting economies of the region, but how will regional demand be affected, or the investment plans for new local refineries? How will the Middle East’s crude and products export markets fare in this environment? Will China’s oil demand growth pick up again, or will the recent upsurge in China’s products exports continue? What is the likely impact of the recent improvement in prices on oil production outside the Middle East? Can this higher price level be sustained by the recent switch to output constraint policies by key producers?
These issues will all be addressed at the 25th 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 anticipated persistent low level of oil prices; this year, we will be assessing whether key producers’ attempts to push up prices will stick. Both the up and downstream will be covered, covering 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.
Key Issues Covered
- Key Issues Confronting the Global Oil & Gas Markets
- The Future of Road Transport and How It Will Change the Outlook for Oil Demand
- Special Focus on Iran
- West of Suez Refining & Products Trade: Implications for East of Suez Markets
- Deep Dive on Asia: Major Changes and Challenges Ahead
- Outlook for Middle East Oil Demand and Refining Capacity
Dr. Fereidun Fesharaki
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.
Dr. Fesharaki 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 and led the energy program for some two decades.
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)—Japan’s largest oil company. 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. In 2008, he was appointed to the National Petroleum Council by then US Secretary of Energy and re-appointed by Secretary Moniz in April 2016. 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, appointed as Honorary Advisor by CNPC Research Institute of Economics and Technologies in Beijing. He 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.
Mr. Michael Barry
Research Director, FGE London
Michael Barry has over 30 years of experience in oil/energy consultancy. He graduated in Economics from Cambridge University in 1978 and was employed as an economic report writer for Lloyds Bank, before spending 10 years at Petroleum Economics Ltd (PEL) where he was responsible for short-term oil and energy market analysis.
He was a co-founder of EMC-Energy Market Consultants (UK) Limited in 1989 (now FGE London) and is the Director responsible for the company’s renowned short-term oil market coverage. He has established a reputation as a leading expert in the interpretation and forecasting of oil market fundamentals and in particular, oil inventories (including strategic stocks policy).
Why You Should Attend
- Gain a clear understanding of the complexities that exist within the East of Suez oil and gas markets
- Identify key drivers shaping future developments — where are the sensitivities and uncertainties?
- Understand how the trading relationship between Asia and the Middle East is changing
- Recognize the key role played by the East of Suez region in shaping the future evolution of global LNG and LPG trade
- Engage with FGE’s team of regional experts
- Network with executives from leading international companies
These Briefings are Relevant for Industry Executives Responsible for:
Corporate/Strategic Planning and Government Relations
Research, Economics, and Market Analysis
Projects, Operations, and Resources
Crude, Feedstocks, Fuel, Petrochemicals, Gas, and LNG
New Ventures/Markets, Commercial, and Business Development
Negotiations and Investments
Trading, Shipping, and Chartering
Gas/LNG and Power Project Managers/Directors
Gas/LNG E&P Managers
Marketing and Business Development Managers
Economists, Policy Makers, Corporate Planners, and Analysts
Contracts and Legal Managers
MPGC 2018 Week Events
- Middle East Petroleum & Gas Conference (MPGC) 22 – 24 April
- Global Finished Lubricants Value Chain Course (GLV) 24 April
- 7th Annual Base Oil & Lubes Middle East Conference (BLM) 25 – 26 April
- Changing Base Oil Quality & Its Impact on Formulations (Half-Day Course) 26 April
- Middle East Gas Insiders Briefing (MGI) 25 – 26 April