AGENDA 2024
SMALL-MID SCALE FSRU ASIA SUMMIT
Sponsored by
WEDNESDAY, 13 MARCH 2024
9:30 – 9:40
DAY 2 OPENING REMARKS
OPERATIONS, DIGITALISATION AND SUSTAINABILITY
9:40 – 10:10
MARKET DISCUSSION: GAS & LNG PRICES HAVE RECEDED, AMIDST CHANGES TO LNG PROJECTS IN THE MEDIUM-TERM
10:10 – 10:30
ULTRASOUND ANTIFOULING FOR REGAS UNITS: THE GREEN ALTERNATIVE TO CHLORINATION
10:30 – 11:10
SECURING SHORT AND LONG-TERM LNG SUPPLIES FOR FSRUS AMIDST THE UPTAKE IN GLOBAL DEMAND
Amidst the surging global demand for natural gas, securing a stable and reliable supply of LNG has become increasingly crucial for FSRU operators. As FSRUs play a pivotal role in LNG import and regasification, implementing effective supply strategies has become essential to ensure a seamless flow of natural gas for power generation, industrial processes, and other applications. This session will look at both short-term and long-term supply strategies that FSRU operators can adopt to navigate the evolving energy landscape and secure the necessary LNG supplies to meet their customers' demands.
- Short-term LNG Supply: Discuss the spot market, short-term contracts, and cargo swaps, considering price, flexibility, and supply security.
- Long-term LNG Supply: Evaluate long-term contracts, equity participation in LNG projects, and LNG portfolio diversification for supply stability and cost-competitiveness.
- Optimizing LNG Supply Management: Explore demand forecasting, technology integration, and supply chain collaboration for efficient supply planning and risk management.
• Joachim Moxon, Senior LNG Analyst, ICIS
• Chester Chan, Head of LNG & Multi-Commodity Origination (East of Suez), PetroChina International (Singapore)
• Mohd Nurman, General Manager, Long-Term LNG Supply & Infrastructure Development, Summit Asia Pacific
• Marc Howson, Head of Asia, Welligence Energy Analytics
11:10 - 11:30
TEA-BREAK
11:30 - 12:00
SUMMIT: DEVELOPMENT OF 3RD FSRU AND LNG SUPPLY FOR FUTURE ENERGY DEMAND OF BANGLADESH
12:00 - 12:30
MOL'S GREEN TECH FSRU AND UPDATE ON HONG KONG FSRU/OFFSHORE JETTY OPERATION
12:30 - 13:10
THE ROAD TO SUSTAINABLE ENERGY: WILL FSRUS EMBRACE ALTERNATIVE FUELS LIKE HYDROGEN AND AMMONIA?
The transition towards a cleaner energy future is prompting FSRU operators to explore alternative fuel sources beyond traditional LNG. This session will explore the potential of FSRUs in utilising alternative fuels such as hydrogen and ammonia, delving into the technological advancements, economic considerations, and environmental implications of this transition.
- Technological Advancements: Discussing the feasibility of converting existing FSRUs and the design considerations for new FSRUs to handle alternative fuels.
- Economic Viability: Analysing the cost-competitiveness of alternative fuels, the impact of incentives, and the long-term economic outlook.
- Environmental Implications: Quantifying emission reductions, evaluate air quality impacts, and discuss sustainability of alternative fuel production.
• Amit Bhambhani, Senior Consultant, LNG and Green Fuels, AFRY
• Kavindran Nagarathnam, Director, Consulting – APAC, Kellogg Brown & Root (KBR) Asia Pacific
• Sobhith Komalavally Hariharan, Global Newbuild Support Manager, Gas Technology Specialist, Lloyd's Register
• Masami Nakayama, Project Manager, Offshore Technical Division, Mitsui O.S.K. Lines
• Tushar Poddar, Advisor/Principal Consultant, TPM Solutions (Singapore)
13:10 - 14:00
NETWORKING LUNCH
14:00 - 14:30
THIRD PARTY FSRU MANAGEMENT - A VIABLE OPTION FOR EVERY PROJECT?
14:30 - 15:10
LEGAL DISPUTES IN FSRUS – WHAT HAPPENS WHEN DEALS GO SOUR?
The FSRU industry is characterised by complex contractual arrangements, high-value assets, and intricate regulatory frameworks. These factors can lead to a variety of legal disputes, ranging from contractual disagreements to operational issues and environmental concerns. This session will delve into the intricacies of legal disputes in FSRU projects, exploring the common types of disputes, their impact on project stakeholders, and effective strategies for mitigation and resolution.
- Demystifying Common Legal Disputes in FSRU Projects: Discuss common contractual, operational, environmental, and regulatory disputes in FSRU projects.
- Exploring the Impact of Legal Disputes on FSRU Projects: Analyse the financial, operational, and reputational impact of legal disputes on FSRU projects.
- Strategies for Effective Dispute Management: Explore preventive measures, early dispute resolution mechanisms, and the role of legal expertise in resolving conflicts.
• Ryan Kearns, Vice President Legal, Excelerate Energy L.P.
• Nick Kouvaritakis, Partner, Global Head of LNG, Mayer Brown PK Wong & Nair
• Yu-Jin Tay, Managing Partner, Singapore Office, Leader, International Arbitration (Asia), Mayer Brown PK Wong & Nair
• Thomas Reckefuss, Vice-President, Global Business Development, Wilhelmsen Ship Management
15:10 - 15:40
MODULARITY OF SMALL SCALE FLNG
STERLING COURANTYNE FLNG concept design by its simplicity and modularity aim to be an optimal solution for near shore existing or new Oil & Gas projects.
- The concept is scalable due to its modularity.
- Minimized environmental impact due to CO2 capture/injection and reuse of the floater.
- Reliquefication plant is dissociated from LNG storage and offtake.