Tuesday, May 20
10:30am
Golf at Harborside International Golf Club & 19th Hole
Party - sponsored by NECC
Two 18-hole championship golf courses, designed by Dick Nugent in
the links tradition of treeless, wind-swept, English, Scottish,
and Irish seaside courses, taking golfers back to where the game
began. Golfweek ranks
Harborside, America's "Third Best Municipal Golf Course".
(Bus leaves hotel at 10:30 am; tee time is set for noon)
5:45pm
Chicago White Sox vs. Cleveland Indians - sponsored by
NYMEX
Join a couple hundred of your natural gas industry colleagues
and customers in a fully stocked corporate hospitality suite at U.S. Cellular Field as the Chicago White
Sox square-off against the Cleveland Indians.
(Bus leaves hotel at 5:45pm; first pitch is at 7:11pm)
Wednesday, May 21
7:30am
Market Network Center opens
7:30am–8:30am
Breakfast in the Market Network Center
8:20am–8:30am
Welcome to GasMart: Ellen Beswick, Publisher and Founder, NGI and Intelligence Press, Inc.
8:30am–9:40am
North American Gas Supply
Examining U.S. domestic supply and infrastructure, imports from Canada and Alaska potential.
Among the questions to be answered,
(1) How long-lived are new domestic coal bed methane (CBM) and shale developments?
(2) Production from the Rockies: how much and how long?
(3) What are the latest trends in the Gulf of Mexico?
(4) Is the pipeline and storage network adequate to deliver supplies and where they are needed? And
(5) What is the timeframe for Alaskan gas?
- Will Hussey, Sr. Vice President, Origination, ConocoPhillips (slides)
- David Slater, Managing Director, Marketing & Structured Products, Nexen Marketing (slides)
- Dean Ferguson, Vice President, Marketing, Business Development & Regulatory Affairs for U.S. Pipeline Central, TransCanada (slides)
9:40am–10:00am
Coffee Break in the Market Network Center
10:00am–10:40am
Keynote: Kathleen Eisbrenner, Executive Vice President, Global LNG, Shell Gas and Power International (slides)
Global Supply Prospects for LNG vs. Global Demand
- A look at liquefaction projects underway in the Atlantic and Pacific basins.
- Projected demand from Asia and Europe; what's left for the U.S.?
- Will current U.S. regas capacity ever be fully utilized?
- Prospects for facilities on the North American East and West Coasts.
- Development of sophisticated global LNG trading.
10:40am–11:00am
Coffee Break in the Market Network Center
11:00am–12:00pm
Demand Side Issues Facing Gas Purchasers
Factors to consider: The infrastructure to get the gas to market; if you're locating a plant,
where will the gas be cheapest? How much will be needed? How much delivery capacity is there to the Midwest? What are the important
options for a gas purchaser to consider when choosing a supplier? Market refinements: how are the regulators tightening controls? And the greening of energy.
- John Eagleton, Vice President, Business Development, Kinder Morgan Energy Partners (slides)
- Craig Jimenez, President, OGE Energy Resources (slides)
- Alex Strawn, Purchasing Group Manager, North American Energy, Procter & Gamble and Chairman of the Process Gas Consumers Group (PGC) (slides)
- Dena Wiggins, Partner, Sutherland LLP and General Counsel to the PGC (Moderator)
12:00pm–1:20pm
Lunch in the Market Network Center - sponsored by SolArc
1:20pm–2:00pm
Keynote: Brian Frank, President, BP Energy Company, North America Gas & Power (slides)
North American Supply/Demand Overview
- North American demand will need incremental sources of supply- LNG, unconventional, frontier.
- LNG supplies to the NA market will continue to be influenced by global supply/demand dynamics.
- The industry needs to ensure that there is timely infrastructure in place to meet the needs of growing supply regions (e.g. Rockies) and demand. Need to ensure we have efficient price signals to producers and consumers.
2:00pm–2:20pm
Coffee Break in the Market Network Center
2:20pm–3:00pm
Creating Value for the Gas Purchaser; It's not all about the Price
What are the critical elements a buyer should consider in choosing an
energy supplier/marketer to help them manage their risk? Aside from price,
what are the key components in creating a strategy and a portfolio that spell
a "win-win" deal for the purchaser? This session will give the middlemen the
opportunity to describe how they are creating -- or saving -- value
for the utility, merchant power plant, LDC, or end-user through both physical or
financial products and services. Plus, what have futures exchanges done to keep pace
with the increasingly complex risk management needs of both suppliers and their customers.
- James Stewart, Director, Integrys Energy Services (slides)
- Janelle Scheuer, Director, Wachovia (slides)
- Joe Raia, Sr. Vice President Marketing, New York Mercantile Exchange (NYMEX), Moderator
3:00pm–3:20pm
Coffee Break in the Market Network Center
3:20pm–4:30pm
Market Fundamentals - and How to Benefit from the Knowledge
There is a wealth of fundamental data and information available for the natural gas marketplace; the trick
is how to use it to your advantage. These three experts will show you three concrete ways to do just that:
(1) With all the new capacity bringing gas to the Midwest markets, what are typical pipeline and storage flow patterns and what happens when those patterns are interrupted.
(2) We know that changes in weather forecasts can move markets. Hear about how one company has "quantified" the price impact when governmental weather forecasting agencies change their outlook.
(3) Plus, an in depth look at the relationship between and among the economy, crude oil and natural gas demand and what those variables mean for the underlying prices and for our prospects for
incremental supply of LNG in the years to come.
- Porter Bennett, President, Bentek Energy (slides)
- Aaron Studwell, Meteorologist & Sr. Manager, Research & Analytics, Weather Insight (slides)
- Jim Osten, Principal, North American Energy Services, Global Insight (USA), Inc. (slides)
- Dexter Steis, Executive Publisher, Intelligence Press, Inc., Moderator
4:30pm–6:00pm
ICE Cocktail Reception — Sponsored by IntercontinentalExchange
GasMart thanks ICE for its support of
this event, bringing the industry together for food, drink, and some
local entertainment to cap off the day's events. This gala takes place
in the GasMart Market
Network Center.
6:00pm
Market Network Center closes
Thursday, May 22
7:30am
Market Network Center opens
7:30am–8:30am
Breakfast in the Market Network Center
8:30am–9:45am
End Users Speak Out
We don't think it's fair to let the energy suppliers do all the talking. Be on hand as the industry's
customers talk back, discussing their requirements from suppliers, problems they have encountered
and how demand characteristics differ across various end-user industries.
Panelists who have participated in this popular session in the past have touched on their industry, company, location, what gas pipeline system(s)/interconnects they are supplied by, their usage profile, including whether they are firm or interruptible customers, need peaking supplies, their use of storage and when, and volume of MMBtu requirements. Also, what is the impact of the price of natural gas on usage, and whether and at what price per MMBtu does fuel switching become a viable economic option.
- Al Musur, Director, Global Energy, Abbott (slides)
- David Ciarlone, Manager, Energy Services, Alcoa Inc. (slides)
- Guy Ausmus, Manager, Energy & Base Metals, ArcelorMittal USA Inc. (slides)
- Audrea Hill, Senior Director, Raw Materials & Hedging, Potash Corp. (slides)
- Robert Cooper, Director, Energy, USG (slides)
- Bill Griffith, Regional Director, BP Gas & Power, Moderator
9:45am–10:00am
Coffee Break in Market Network Center
10:00am–12:00pm
Break-Out Workshops:
Workshop for Gas Purchasers - presented by EnergyUSA
Val Trinkley, General Manager, EnergyUSA (slides)
How to develop a successful hedging and risk management strategy.
- Managing Energy Risk: Price, Supply, Tariff - LDC Balancing, and Weather
- Analyzing Fundamentals: Storage, Rig Counts, Global Warming and Demand Destruction
- Technical Indicators: Moving Averages, Implied Volatility, Seasonality and Trends
- EnergyUSA-TPC Price Targets for 2008
- A Hedgers' Tools: Futures, Fixed Price, Swaps, Basis and Options
- Evaluating Performance
ICE Training Workshop - presented by IntercontinentalExchange
Bud Hum, Director, Natural Gas Products Marketing, IntercontinentalExchange (slides)
Learn how to maximize your trading opportunities on the ICE platform
using the functionality built into the ICEMaker system. Discover
timesaving and profit-maximizing shortcuts and tips.
- Screen layout/setup
- Credit filter management and clearing
- How to go beyond basic trading features
- Helpful hints for WebICE users
- Customization and personal settings
- Retrieving data, reports and guides
12:00pm
GasMart concludes and Market Network Center closes
12:00pm–2:30pm
Gas Purchasers Luncheon & Meeting - Sponsored by the Process Gas Consumers Group (PGC) and Sutherland LLP
Qualified purchasers of natural gas are invited to this luncheon meeting (email your host to RSVP by May 1), which will address timely regulatory and market issues affecting purchasers of natural gas.
Berne Mosley, Director of Division of Pipeline Certificates, Federal Energy Regulatory Commission (FERC)
Dena Wiggins, Partner, Sutherland LLP and General Counsel to the PGC
- Final Storage Rule (Order 678)
- Blanket Certificate Rule (Order 686)
- Policy Statement on Gas Quality and Interchangeability (CGI)
- Status of FERC inquiry into pipeline fuel over-recoveries
- Recent FERC enforcement cases and guidelines for industrial end user compliance
- FERC actions on revising capacity release rules involving asset managers as well as proposals to lift the cap on short-term releases in the secondary market
Jennifer Fordham, Director of Energy Markets and Governmental Affairs, Natural Gas Supply Association (NGSA)
- The role of natural gas in a carbon constrained U.S. energy market
- The importance of realistic assumptions regarding other low carbon energy sources in accurately assessing the impact of carbon constraints on energy consumers
- A closer look at the near-term outlook for the U.S. natural gas supply and demand































