29 January - 31 January 2019
Houston, Texas, USA

Argus Americas LPG Summit

  • 15:00
  • -
  • 17:00
  • Registration
  • 17:00
  • -
  • 19:00
  • Opening cocktail reception
  • 08:00
  • -
  • 09:00
  • Registration and breakfast
  • 09:00
  • -
  • 09:05
  • Chairperson's welcome and opening announcements
  • 09:05
  • -
  • 10:00
  • Keynote presentation: Long-term long- Global LPG outlook David Appleton - Senior Analyst, Argus

- Global LPG length and what it means for prices in the next decade
- Where does demand growth create opportunity, and what suppliers are best positioned
- Using these granular outlooks to position your business in the new year… and beyond

  • 10:00
  • -
  • 10:30
  • Permian basin development and shifts in LPG trade flows Craig Whitley - Former Global Head of LPG Analytics, BP, President & CEO, World Energy Consultants, LLC.

- Rising Permian basin NGL production and expectations under the Trump administration
- Impact of NGL infrastructure development in the Permian basin
- International trade tariffs on LPG exports, arbitrage levels and trade routes
- Five-year outlook for new fractionation plants producing LPG for export

  • 10:30
  • -
  • 11:00
  • Morning networking break
  • 11:00
  • -
  • 11:30
  • Traders’ perspective on hedging, exports, supply and global market dynamics: Deacon Shorr - President, Libra Fearnleys
- Overall supply and demand with increasing exports
- Hedging for the LPG market
- Market structure and the current state of supply
  • 11:30
  • -
  • 12:00
  • NGL pricing and trading dynamics- Analysis and overview Michael Panas - Managing Consultant, NGLStrategy, LLC

- Propane, butane and ethane constraints affecting pricing
- Global seaborne trade dynamics and their effect on propane, butane and ethane pricing patterns
- Price outlooks for propane, butane and ethane

  • 12:00
  • -
  • 14:00
  • Networking luncheon
  • 14:00
  • -
  • 14:30
  • North American exports supplying the international market Amy Strahan - Editor, LPG Exports, Argus

- Rail rates, terminals and other infrastructure impacting the North American LPG market
- Shifts in LPG movements, including upgrades and planned projects
- US and Canadian oversupply fueling international exports 

  • 14:30
  • -
  • 15:00
  • Chinese demand metrics and the anticipated impact of US-China trade tensions Carmine Battista - Head of Products Trading, Unipec America Inc
- Outlook for LPG supply and demand balances
- China’s petrochemical projects and LPG contracts
- Status of existing contracts in China as LPG demand grows and arbitrages narrow
- Impact of trade tensions between the US and China
  • 15:00
  • -
  • 15:30
  • Evaluating the European LPG market and understanding the impact of European legislation on the region Jaume Loffredo - Policy Manager, Liquid Gas Europe
- Europe’s LPG market structure, and supply and demand dynamics
- Impact of regulations on demand, now and in the future
  • 15:30
  • -
  • 16:00
  • Afternoon networking break
  • 16:00
  • -
  • 17:00
  • Interactive panel discussion – Unlocking value from the Canadian LPG markets Gerry Goobie, Principal, Goobie Tulk Inc - Ross Allen, Vice President, Business Development, Argus
- Daily assessments for LPG and methodology
- Short-term and long-term values of hedging
- Status of LPG futures contracts in Canada
- Which terminals will get built, as well as when and what capacity
- Increasing Canadian LPG exports to Asia and Latin American demand for US LPG

Panelists:
Gerry Goobie, Principal, Goobie Tulk Inc,
Ross Allen
, Vice President, Business Development, Argus
  • 17:00
  • -
  • 19:00
  • Evening cocktail reception
  • 08:00
  • -
  • 09:00
  • Networking breakfast
  • 09:00
  • -
  • 09:05
  • Chairperson's welcome and day 1 recap
  • 09:05
  • -
  • 09:30
- Global market trends for natural gas and some of the regulatory considerations impacting the LPG markets
- International demand shifts impacting long-term supply and demand scenarios, and economic planning for purchasers both domestically and internationally
- Potential for natural gas, LNG and other commodities
  • 09:30
  • -
  • 10:00
  • US supply and the retail market AmeriGas Propane
- Impact of propane exports on the domestic market
- Supply and demand scenarios throughout North America
- How export volumes compete with domestic demand
 
Andrew Little, VP, Supply and Logistics, AmeriGas Propane
Bill Marks
, Director, Risk Management, AmeriGas Propane
  • 10:00
  • -
  • 10:30
  • Connecting the dots – Transloading and LPG transportation Christian Rowe - Customer Solutions Sr. Manager, Savage
- Logistical challenges relative to first mile/last mile for terminals, railcars and customers
- Benefits of material handling without taking title
- Transloading related to the trucking side of transportation
  • 10:30
  • -
  • 11:00
  • Morning networking break
  • 11:00
  • -
  • 11:30
  • LPG as an alternative marine fuel in light of the IMO Marpol Annex VI JR Owens - Trader, Warner Petroleum Corporation, Trader, John W. Stone Oil Distributor LLC, Trader, JP Morgan Energy Ventures

- LPG as an alternative marine fuel and its environmental impacts
- IMO’s impact on VLGC freight rates
- Fleet adoption rates versus traditional bunker costs

  • 11:30
  • -
  • 12:00
  • Panama Canal case study– Update on regulations, 2020 and other considerations Nicolas Vukelja Duque, ENG MBA PD - CEO, Terramar Oil, Director, Panama Maritime Chamber

- How limiting restrictions on LPG and LNG is impacting ships traversing the canal
- How is this shift along with the upcoming 2020 regulation impacting the booking process and scheduling for vessels
- Complications around waiting time and strategies to avoid delays 

  • 12:00
  • -
  • 12:30
  • Outlook for the VLGC shipping market Reidar Sundvor - Managing Partner, ViaMar AS
- How much total trade will shift as a result of the LPG markets
- How these changes will relate to expected shifts in fleet growth
- Overall earnings expectations for VLGCs
  • 12:30
  • -
  • 12:35
  • Chairperson's closing and conclusion of conference