Overview

The Condensate & Naphtha Forum, held annually since 1996 in Asia, the Middle East & Australia, has evolved into an annual “must attend” event for serious producers, buyers & sellers of Condensate & Naphtha. With business interactions at the highest levels, underscored by the presence of market leaders in the condensate, naphtha and petrochemical industries, the Forum provides an annual platform for the exchange of industry dialogue and networking opportunities


Conference Theme

"Weathering The Turbulence – Are There Silver Linings Ahead?”

These past few years have been extraordinarily volatile, navigating black swan events and geopolitical uncertainties. Given the current state of the oil, gas and petrochemical markets, in the face of both energy security and energy transition, we need to continuously adapt and formulate our strategies accordingly. The challenges put forth in recent years certainly remain, with new ones streaming in:-

●      The current lull in olefins margins and the next wave of steam crackers post-2025 – does the suffering continue?

●      The gasoline and aromatics love story – after years of heavy capacity additions on the paraxylene markets, will we see more opportunities?

●      The trajectory of oil demand in a post-COVID world – when and how will the peak of oil demand materialise?

●      Long run petrochemical growth meets peak oil – a natural transition to come? How will the refining complex adapt to a greater yield shift to naphtha and petrochemicals?

●      The NGLs supply story - the slowdown of US growth is bolstered by increasing Middle East supplies alongside gas/LNG projects. Is this the final wave? 

●      Petrochemical and the energy transition – how will shifting market and policy dynamics, if any, impact feedstocks?

Join top management and energy experts from leading condensate producers, buyers and sellers in-person in Bali this year, for frank discussions on the factors above and the opportunities and challenges of the industry.

The interim & final progammes will feature additional speakers. Copyright Conference Connection Pte. Ltd.
Programme and speakers are subject to change

Conference Co-Chairmen

Dr. Fereidun Fesharaki

Founder & Chairman, FGE

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Dr. Jeff Brown

President, FGE

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Speakers

Aris Mulya Azof

SVP, Downstream Business, Pertamina
Chairman, Indonesian Gas Society
Indonesia

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Sani Dinar Saifuddin

Feedstock & Product Optimization Director,
Pertamina Refinery & Petrochemical Sub-Holding
Indonesia

Dr Widhyawan Prawiraatmadja

Board Advisor
Pertamina Energy Institute
Indonesia

Shakeel Ahmad Khan

Chief Commercial Officer
Petronas Chemicals
Group Bhd
Malaysia

Abdulaziz Al Attar

Head of Office, India Regional Office
Kuwait Petroleum Corporation
(Far East) KSC
India

Serena Huang

Head of APAC Analysis
Vortexa Asia Pte Ltd
Singapore

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Ashrafunnisa B Khan

Export Product Manager
Basrah Gas Company
Iraq

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Dr Ranjit Kulkarni

Global Director - Business Development
Honeywell UOP
UAE

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Dr Paul Cherry

Consultant
Officium Projects Ltd
Hong Kong

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Richard Matthews

Director, Consultancy & Research
E.A. Gibson Shipbrokers Ltd
UK

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Dr Iman Nasseri

MD Dubai
FGE
UAE

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Armaan Ashraf

Head NGLs
FGE
Singapore

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Samuel Ho

NGLs Analyst
FGE
Singapore

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This is a partial list of speakers. The final programme will include more industry experts 

Programme At A Glance

0800 ​Registration & Welcome Coffee

OPENING REMARKS

0900 ​Opening Remarks by Forum Chairmen
Dr Fereidun Fesharaki, Chairman, FGE & Dr Jeff Brown, President, FGE

CONFERENCE C0-CHAIRMEN’S ADDRESS & KEYNOTE ADDRESS - ​Dr Jeff Brown, President, FGE (Session Chair)

0910 ​Conference Co-chairmen's Address
​​Setting The Stage - State of the Global Oil & Gas Markets
​Dr Fereidun Fesharaki, Chairman, FGE & Dr Jeff Brown, President, FGE

0950 ​Q & A

1000 Keynote Address
Current Status of Pertamina Business Organisation
​​Mr Aris Mulya Azof, SVP Downstream Business, Pertamina & Chairman, Indonesian Gas Society, Indonesia


1030 ​Q & A


1035 ​Coffee Break


CONDENSATE & NAPHTHA MARKET OVERVIEW - ​Dr Jeff Brown, President, FGE (Session Chair)


1100 ​State of the Condensate & Naphtha Markets

Mr Armaan Ashraf, Head of NGLS, FGE Singapore and Mr Samuel Ho, NGLs Analyst, FGE Singapore


1210 ​Q & A


1220 ​Conference Luncheon

Day 1 - Session 2 (31 October 2023)

CONDENSATE MARKETING: COUNTRY PERSPECTIVES

1400 Condensate & Naphtha Processing in Indonesia
Mr Sani Dinar Saifuddin, Feedstock & Product Optimization Director, Pertamina Refinery & Petrochemical Sub-Holding,          ​Indonesia

1430 ​Iraq’s Condensate Production & Export
Ms Ashrafunissa Baseeth Khan, Export Product Manager, Basrah Gas Company, Iraq

1500 ​The Dwindling Condensate Overhang in Iran
Dr Iman Nasseri, Managing Director Middle East, FGE Dubai, UAE (virtual)

1530 ​Q & A

1540 ​Coffee Break

CONDENSATE/NAPHTHA: TRADING & SHIPPING

1610 Shifting Tides of the Global Naphtha & Condensate Trade Flows
Ms Serena Huang, Head of APAC Analysis, Vortexa Asia Pte Ltd, Singapore

1640 Update on the Shipping Outlook for CPP & DPP Shipping for the 2020s
Mr Richard Matthews, Director, Consultancy & Research. E.A Gibson Shipbrokers Pte Ltd UK (Virtual)

1710 ​Q & A

1720 ​End of Day 1 Session

1800 ​CNF Networking Reception

CONDENSATE/NAPHTHA: TRADING & SHIPPING

0830 Welcome Coffee

0900 ​​Opening Remarks by Forum Chairman
​Dr Jeff Brown, President, FGE

TRENDS IN GLOBAL NAPHTHA & PETROCHEMICAL MARKETS I

0905 ​Petrochemicals: Path to the Energy Transition/Sustainability Goals
Mr Shakeel Ahmad Khan, Chief Commercial Officer, Petronas Chemicals Group Bhd, Malaysia

0935 ​Special Address: Understanding the Structure of Indonesian State-Owned Enterprises
Dr Widhyawan Prawiraatmadja, Board Advisor, Pertamina Energy Institute, Indonesia

1000 ​Opportunities & Challenges for Investment in South Asian Refineries
​      
Mr Abdulaziz Alattar, Head of Office, Indian Regional Office, Kuwait Petroleum Corporation (Far East) KSC, India

1020 ​Q & A

1030 ​Coffee Break

TRENDS IN GLOBAL NAPHTHA & PETROCHEMICAL MARKETS II

1100 The Future of Petrochemicals in Asia/China
Dr Paul Cherry, Consultant, Officium Projects Ltd, Hong Kong

1130 Future of Refining & Petrochemicals
Dr Ranjit Kulkarni, Global Director, Business Development, Honeywell UOP, UAE

1200 ​Q & A

ROUNDTABLE DISCUSSION: A REVIEW OF KEY THEMES & COMMERCIAL TAKEAWAYS

1210
Moderator: Dr Jeff Brown, President, FGE
Panelists:    • Dr Paul Cherry, Consultant, Officium Projects Ltd, Hong Kong

​ • Speakers of the Day
​Discussion Points
​ • Impact of Russian-Ukraine developments

​ • Weak Petrochemicals – Is there a way out?

​ • Sustainability in the world of feedstocks

​ • Will we see more condensate splitters?

1200 ​Acknowledgements & Close of Conference

1250 ​Conference Luncheon & Farewell

Key Industry Trends to be Examined

  • Market Overview
  • Outlook for Production, Supply & Demand
  • Dwindling condensate overhang
  • Condensate Splitters of the Future
  • Future of Condensate from upcoming gas/LNG projects
  • Changing naphtha trade flows
  • Outlook for CPP & DPP Shipping
  • Future of petrochemicals in Asia & China
  • Potential naphtha exports from emerging refineries
  • Future of feedstocks
  • Petrochemical markets & future of refining
  • Petrochemicals path to the energy transition/sustainability goals
  • Crude–to-chemical developments
  • Rising potential of South Asia

Representation at CNF



Interested to be a Sponsor at CNF?


Sponsorship Options Include



◻Cash Sponsorships – Platinum, Gold, Silver, Bronze


◻Function sponsorships – Coffee Breaks, Lunch & Dinner


◻Ballroom Collaterals – Notebook, Pen, Coasters, Water Bottles


◻Delegate Gifts – Tshirt, Caps, Electronic Items


◻Audio Visuals


◻New Options – Barista Coffee & Simulated Golf


Contact the CNF Secretariat for details on sponsorship opportunities at tel 65-6338 0064 or email 


Conference Venue

The Laguna Luxury Collection Resort & Spa, Nusa Dua

The Laguna Luxury Collection Resort & Spa in Bali's Nusa Dua resort area, is a 5-star luxury hotel offering guests a stunning view of the Indian Ocean and a rich experience encompassing Balinese arts, history, cuisine, and culture. The resort has 257 guest rooms and 19 suites with a blend of modern Balinese style and views of tropical gardens or lagoons. Unique Lagoon Access Rooms provide direct access to the lagoon from private balconies. The resort features seven swimmable lagoons, six restaurants and bars offering diverse cuisine options, including pan-Asian, International, and beachfront dining, all set amidst lush gardens and a pristine beach.

OFFICIAL OPENING & MINISTERIAL ADDRESS

Ms. Low Yen Ling

Minister of State
Ministry of Trade and Industry, Singapore

Advisory Committee Chairman

Dr. Fereidun Fesharaki

Chairman
FGE

Conference Co-Chairmen

Dr. Jeff Brown

President
FGE

Mr. Shahriar Fesharaki

Executive Vice Chairman & 
Managing Director
FGE, USA