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 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, in demand centers? How will the Middle East’s crude and products export markets fare in this environment? Will rising US oil output overwhelm the market, or will lower prices put the brakes on supply? Will the upsurge in China’s products exports continue? How are Middle East refiners reacting in the run-up to IMO 2020?
These issues will all be addressed at the 26th 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, we 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.
MPI will be taking place just before the Middle East Petroleum and Gas Conference 2019 week of events. FGE’s 13th Middle East Gas Insiders (MGI) Briefing will be taking place on April 10-11, 2019.
- Key Issues Confronting the Global Oil & Gas Markets
- Oil Market Outlook
- IMO 2020: How are the Major Players in Refining/ Shipping Responding
- Deep Dive on Asia: Major Changes and Challenges Ahead
- West of Suez Refining & Products Trade: Implications for East of Suez Markets
- Middle East Refining Landscape
- Middle East Crude & Products Trade
- The Outlook for LPG and Condensate
- Conclusions: Challenges and Opportunities
Meet Our Speakers
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
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, Dr. Fesharaki was appointed to the National Petroleum Council by then US Secretary of Energy. Dr. Fesharaki has since been reappointed to the National Petroleum Council in April 2016 and June 2018. 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.
Dr. Jeff Brown
Dr. Jeff Brown, as President, leads FGE’s oil and gas consulting teams. He is based at our Asian headquarters in Singapore, working closely with FGE consultants in Europe, the Middle East, and North America.
Jeff re-joined FGE from JP Morgan where he was Executive Director, Global Commodities Research/Strategy, working closely with clients globally. He was a regularly featured speaker at JP Morgan events and published widely on energy markets. Aside from his previous management roles with FGE, Jeff also served as Senior Oil Analyst at the International Energy Agency in Paris, where he was co-author of the monthly Oil Market Report. 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. Jeff has a Ph.D. in Economics.
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 CNBC and Bloomberg. He delivers numerous speeches and conducts specialized briefings around the world each year. He also regularly leads commercial advisory services and projects focusing on downstream oil and LNG.
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).
Dr. Iman Nasseri
Acting Manager - Middle East
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