Argus Fuel Oil Summit

• What might future 0.5% fuel oil availability look like and who will supply it?
• What does fuel demand from shipowners look like?
• What are the industry’s plans for the excess resid?
• How will MGO and distillates fit into the legacy fuel oil space?
• How might bunker fuel trade flows and product demand impact pricing?

• What are the fuel supply concerns, availability and compliance options for shipowners?
• What fuel types will be available at various ports? How will shipping routes impact fuel choices?
• Are scrubbers a practical option for short-term compliance? How many shipowners have installed scrubbers?
• What does a viable, long-term solution look like?

Speakers

Peter Sand, Chief Shipping Analyst, BIMCO

Captain Melbourne Pinks, SVP Marine Services, Chembulk Tankers

• Are refineries making sufficient investments to supply 0.5% fuel? What are the impacts on refining slates?
• What are the current conversion capacity plans and crude slate availability for 0.5% fuel oil? What might be the impact if expansions are delayed?
• What are the projections for supply of LSFO and MGO?

Speakers

Mason Hamilton, Senior Petroleum Markets Analyst, EIA

A deep dive into the options for refiners and traders in light of the upcoming IMO sulfur regulation deadline.

• what are the opportunities for refiners and how will blending options change?
• How flexible are refiners to switch crudes and how will these restrictions impact blending as we approach and pass 2020?
• The impact on light and heavy spreads for both crude and products
• Explore the various compliance options for refiners and traders
• Analyze the opportunities refiners have within blending
• Assess how light/heavy spreads are widening and who will take the high sulfur resid that they cannot convert

Workshop will be an additional fee of $395

Speakers

Stephen Jones, SVP, Global Head of Oil Products, Argus 

Edward Arnold, Senior Consultant, Argus

The tour includes:

• 30-40 minute guided airboat tour
• Alligator wildlife nature show
• Jungle trial, observation platform and exhibits
• Roundtrip transportation to and from the hotel

This optional networking activity is an additional $99.  There are a limited amount of seats available.

• How will enforcement be managed?
• What is the Flag State role in enforcement?
• How will penalties for noncompliance vary?
• What can we expect in the first year of enforcement?

• Utility demand: What does future fuel oil demand from utilities look like in the different regions? Will the price reduction in HSFO encourage its use in power plants in lieu of coal and natural gas? Would operational issues arise when switching fuels?
• Refinery demand: Which refiners are well positioned to benefit from their coking and hydrocracking capacities? Which simple refineries will struggle with securing low-sulfur feedstock?

• Will similar fuel blends be available at all ports to avoid compatibility issues?
• How can the industry ensure varying batches meet specification?
• How can additives help improve blends and ensure compatibility?
• How will blends conform to ISO standards?
• How do you avoid fuel contamination and compatibility issues?
• What are the testing procedures, and what specifications do you look for when evaluating fuel?

• Are global ports and terminals equipped to handle the increase in fuel demand?
• What does this mean for storage and terminal investments?
• Who has invested in new storage, terminals and infrastructure?