CEE Gas Conference 7-8 March, 2018 The Sheraton, Zagreb
Confirmed Speakers:
Goran Francic, CEO, LNG Croatia
Zoltan Aldott, President of the Management Board, INA Janez Kopac, Director, Energy Community Secretariat Carmen Oprea, Policy Director, European Commission
William Silkworth, Acting Deputy Assistant Secretary, Bureau of Energy Resources, US State Department
Davide Rubini, Regulatory Affairs Manager, Shell Vedran Spehar, Board Member, ENTSOG Julian Popov, Fellow, European Climate Foundation Mehmet Ogutcu, Executive Chair, Bosphorous Energy Club
Ana Stanic, Principal, E&A Law
Aleksandar Medjedovic, Head of Foreign Economic Relations Board, Turkey – Serbia Business Council Pavao Vujnovac, President of the Board, PPD
Dr. Johannes Trueby, Senior Energy Analyst (World Energy Outlook) – International Energy Agency Pál Ságvári, Ambassador-at-Large for Energy Security, Hungarian Ministry for Foreign Affairs and
Trade
Laszlo Fritsch, Board Member, Gas Infrastructure Europe John Roberts, Partner, Methinks
Anita Orban, Vice President, Tellurian Inc
Maciej Wozniak, Vice President of the Management Board, Trade, PGNiG Fred Hutchison, Executive Director, LNG Allies
Mindaugas Jusius, CEO, KN
Mirek Topolanek, Member of the Board, Eustream Danila Bochkarev, Fellow, EastWest Institute
Bernd Rajal, Partner, Schoenherr
Patrick Heather, Senior Research Fellow, Oxford Institute for Energy Studies
Sebastian Stadler, Chair of the Task Force for Central and South Eastern Europe Gas (CSEE-G), European Federation of Energy Traders (EFET)
Tomislav Jurekovic, President, HERA Akos Grosz, Business Development Director, FGSZ
Gottfried Steiner, CEO, CEGH Laszlo Fazekas, CEO, MFGK Mario Matkovic, CEO, MET Croatia
Kornel Kovacs, CEO, CEEGEX
09:00 – Organiser’s Welcome
09:05 – Croatian Minister’s Welcome 09:15 – LNG Croatia Keynote
Speaker:
Goran Francic, CEO, LNG Croatia
09:30 – INA Keynote Speaker:
Zoltan Aldott, President of the Management Board, INA
09:45 – Gasfin Keynote Speaker:
Senior Representative Gasfin
10:00 – Keynote Q&A
Opportunity for questions and discussions with the Keynote Speakers.
10:15 – Keynote Panel: The Energy Community & CESEC - Bridging the border between EU & non- EU countries.
- What is the current status on the creation of an integrated and sustainable pan-European energy market?
- Will we see accelerated progress under CESEC 2.0?
- What more needs to be done to achieve regional market integration?
Speakers:
Janez Kopac, Director, Energy Community Secretariat Carmen Oprea, Policy Director, European Commission
William Silkworth, Acting Deputy Assistant Secretary, Bureau of Energy Resources, US State Department
Davide Rubini, Regulatory Affairs Manager, Shell Vedran Spehar, Board Member, ENTSOG
Moderator:
Julian Popov, Fellow, European Climate Foundation
11:00 Coffee & Networking Break
11:30 – The Turkish Stream: Energizing the borderlines between East and West - What impact will Turkish Stream have on C&SEE gas markets?
- Is there sufficient demand to absorb the gas or will this new supply route confirm C&SEE as a transit region to Western European markets?
- How will Turkey’s relationship with the EU and Russia develop and what impact will this have on the CEE region?
Speaker:
Mehmet Ogutcu, Executive Chair, Bosphorous Energy Club Ana Stanic, Principal, E&A Law
Moderator:
Aleksandar Medjedovic, Head of Foreign Economic Relations Board, Turkey – Serbia Business Council
12:00 – A conversation with PPD
A leading energy journalist interviews the figureheads from one of Croatia’s biggest energy players.
Speakers:
Pavao Vujnovac, President of the Board, PPD
12:20 – The Coal, Gas & Renewables energy triangle: How do gas, coal and renewable energy sources fit together in the CEE region?
- Why is coal still such a strong part of the picture?
- Understanding the relationship between the gas & electricity markets - What is the future for gas in a decarbonising Europe?
Speaker:
Dr. Johannes Trueby, Senior Energy Analyst (World Energy Outlook) – International Energy Agency
13:05 - Lunch
14:15 – The Big Debate: Pipes & LNG
“This house believes that markets not politics determine the choice of supply”
Speakers will be divided into two panels. One panel will argue for the motion; the other will argue against. The debate will be moderated by the chairman who will take an audience vote at the start and end to determine the results. The debate is designed to be a thinking exercise and will be conducted entirely under Chatham House Rules.
Speaker:
Pál Ságvári, Ambassador-at-Large for Energy Security, Hungarian Ministry for Foreign Affairs and Trade
Laszlo Fritsch, Board Member, Gas Infrastructure Europe Moderator:
John Roberts, Partner, Methinks
15:00 – What impact will LNG have on the CEE gas and power markets?
What will the current, under-construction and planned LNG infrastructure mean for gas buyers, distributors and electricity players in the region? What benefits will contract flexibility and pricing bring to incumbent business models?
Speaker:
Anita Orban, Vice President, Tellurian Inc
Maciej Wozniak, Vice President of the Management Board, Trade, PGNiG Moderator:
Fred Hutchison, Executive Director, LNG Allies
15:30 – Coffee & Networking Break 16:00 – Hot Half Hour:
Sit down with other industry figures to learn from someone on the inside of a leading energy project.
Projects will be grouped into categories in order that relevant experiences and insights can be shared more easily and delegates can focus on their specific areas of interest. Delegates will get 30 minutes at 3 tables.
LNG Focus
- Can LNG have a real impact on CEE energy markets?
Speaker:
Goran Francic, CEO, LNG Croatia Mindaugas Jusius, CEO, KN
Pipes & Interconnectors Focus
- Which infrastructure projects will go ahead and what is required to get them there?
Speaker:
Mirek Topolanek, Member of the Board, Eustream Danila Bochkarev, Fellow, EastWest Institute Bernd Rajal, Partner, Schoenherr
Exploration & Production Focus
- What are the prospects for Exploration & Production throughout the CEE region and what will the impact be on the CEE gas markets?
Invited Speaker:
Mark Beacom, Director and CEO, Black Sea Oil & Gas SRL
Demand Side Focus
- How will the drive towards electrification affect European gas demand?
Speaker:
Julian Popov, Fellow, European Climate Foundation
17:30 – Key takeaways from each table 17:40 – Networking Drinks Reception
Conference Day Two
09:15 – Chair’s Opening Remarks
09:30 – Opening Keynote Speech Invited Speaker:
Dr. András Aradszki, Secretary of State for Energy, Government of Hungary
09:45 – A new approach for transport Speaker:
Michele Ziosi, Head of Institutional Relations, CNH Industrial, Iveco Mladen Antunovic, Director of Business Development, TransLNG
10:15 – Coffee & Networking Break
10:45 The shift from oil-indexation to market pricing through regional gas trading hubs. What is the situation and what is needed for the development of truly flexible short-term markets?
- Evaluating the maturity of the CEE market?
- How to measure hub liquidity - Is there a transparency problem?
- Comparing hubs against each other Speaker:
Patrick Heather, Senior Research Fellow, Oxford Institute for Energy Studies
11:30 What are the requirements of a regulatory framework to promote liquidity across the region?
Market participants and regulators discuss what is required to promote trading and competition in wholesale gas markets, focusing on market design, infrastructure pricing and barriers of entry.
Speaker:
Sebastian Stadler, Chair of the Task Force for Central and South Eastern Europe Gas (CSEE-G), European Federation of Energy Traders (EFET)
Tomislav Jurekovic, President, HERA Vedran Spehar, Board Member, ENTSOG
Akos Grosz, Business Development Director, FGSZ
12:15 – Austro-Hungarian Hub Debate:
‘Will the Austrian hub dominance end and the Hungarian hub rise in the near future?’
Speakers:
Gottfried Steiner, CEO, CEGH Kornel Kovacs, CEO, CEEGEX Moderator:
Patrick Heather, Senior Research Fellow, Oxford Institute for Energy Studies
13:00 – Lunch
14:15 – Price discovery before the establishment of a completely liquid European Gas Market The CEE market is full of conflicting markets and factors that complicate finding the right price for gas. COP-21 pledges and a shift to clean air compete with cheaper domestic coal. Diversifying gas
supplies with US LNG comes at a cost vs. Russian piped gas. Cross-border transmission issues and network codes create varying levels of liquidity between gas hubs and market access for domestic players. Yet price is key in keeping consumer costs low and ensuring a reasonable rate of return for infrastructure projects.
In this complex environment, how do buyers and sellers find a fair point of parity?
Speakers:
Laszlo Fazekas, CEO, MFGK
Mario Matkovic, CEO, MET Croatia Mattia Picco, Head of Trading, Enova
Sebastian Stadler, Chair of the Task Force for Central and South Eastern Europe Gas (CSEE-G), European Federation of Energy Traders (EFET)
14:45 – Energy Project Economics – “Chicken and Egg?” Utilisation drives low prices, but cannot be achieved without low prices.
Is it right to think that lower gas prices are created by higher liquidity facilitated by more
transmission infrastructure bringing gas to the market from an increased range of suppliers? The critical question for governments, financiers and pan-European policy makers is whether lower prices will bring the higher utilisation required to generate required return on investment.
This session will explore the economics of energy projects to understand the circumstances and steps that must be taken to make them work.
Invited Speaker:
Maciej Jakubik, Executive Director, Central Europe Energy Partners
Eric Rasmussen, Director, Natural Resources, EBRD (European Bank of Reconstruction &
Development)
15:15 Financing the infrastructure to support a liquid gas market in CEE – What are the financing models available to make necessary infrastructure a reality?
- Risk mitigation strategies for cross-jurisdiction project investors.
- Finding the right combination of equity and debt financing.
- Project finance lessons learned from around Europe.
- What makes a project bankable?
15:45 Conference Close
