Israel Energy and Business Convention 2015 November 23-24, 2015 - Dan Panorama Hotel, Tel Aviv

Monday, November 23, 2015

08:00-09:00 Gathering, registration, breakfast and exhibition tour

09:00-11:15 Opening plenary session:

Chairman of plenary sessions: Dr. Amit Mor Co-CEO, Eco Energy Financial & Strategic Consulting; a Lecturer in the Schools of Government and Sustainability & Research Associate at the Institute of Policy and Strategy (IPS) at the Interdisciplinary Center Herzliya (IDC)

Opening session: Israel and the International Energy Market and impacts of the "Third Intifada" and regional changes – Strategic, geopolitical and economic objectives

• Global trends and their impact on energy sources and energy prices • The impact of wars and vicissitudes in the Muslim World and the removal of the boycott on Iran over the energy market • Israel and the International Energy Market - the US, China, Russia, OPEC and Iran • Government policy in the Energy sector – where to? Natural gas, electricity, energy efficiency and renewable energy

Opening lecture: Dr. Amit Mor , Co-CEO, Eco Energy Financial & Strategic Consulting and IDC Herzliya

Keynote presentation: Dr. Yuval Steinitz , Minister of National Infrastructures, Energy and Water Resources

MK Ayoob Kara , Deputy Minister of Regional Cooperation

Prof. Uzi Arad , IDC's Lauder School of Government, Diplomacy and Strategy, IDC Herzliya, formerly served as Security Advisor to Israel's Prime Minister Netanyahu and Head of the Israeli NSC, Prime Minister Office

Mr. Gideon Tadmor , Chairman of Delek Drilling and Avner CEO

Man/Woman of the Year in the Energy Sector Ceremony

11:15-11:45 Coffee break

11:45-13:15 Concurrent Sessions A

Investments financing and risk How to Reignite Natural Gas Exploration management in the Energy Sector & Production and the Regulatory • The energy sector - investments finance in Framework? Oil and Gas Exploration and infrastructure • The future of oil and gas exploration in development programs, what will be the Israel – will explorations resume? share of foreign investors, the banks and the • The Gas Regulatory Framework - will it be local stock market? approved? • What is the required investment for energy • Will gas supply to Israel become infrastructure and oil & gas developments in competitive? Israel? • Natural gas for the domestic market - • Will foreign investors, international banks Natural Gas National security and financial institutions be involved? • Will the Leviathan gas field be developed • Is there a need for Governmental and when? How long until it will be involvement in financing the development of connected to shore and how the development the Energy Sector and where? will be financed? • At what costs will capital be raised to • Who will purchase and develop Karish and develop the energy sector? Tanin gas fields? •What do analysts think about leading energy companies' stock prices? Opening lecture: Dr. Michael Gardosh , Section Director for Geology & Geophysics, Chairman: Mr. Shimon Seroussi , Natural Resources Administration, Ministry Co-CEO , Eco Energy Financial & Strategic of National Infrastructures, Energy and Water Consulting Resources ______Discussion with entrepreneurs and Mr. Yigal Landau , CEO of Ratio Oil investors representatives: Exploration Mr. Zahi Sultan , Chairman, Clal Finance Mr. Bini Zomer , Director of Noble Energy in Underwriting Israel Mr. Yossi Gvura , Deputy CEO - Finance, Mr. Ron Maor , CEO, Modiin Energy Delek Drilling and Avner Oil Exploration ______Mr. Zvi Rome, Co-Founder, Petco International Energy, Chairman of the Natural Gas Export and Regional Energy Energy Committee, Israel-United States Cooperation (1) - Will East MED Gas be Chamber of Commerce exported to Egypt? Will the Israeli and Cypriots offshore resources be developed Analysts dialogue : together? • Regional cooperation in the energy market - Ms. Ella Freed , Senior Analyst, Bank will natural gas be exported from Israel and if Leumi so - when? Ms. Gal Reiter , Energy Industry Consultant • Will gas be exported to Jordan, Egypt, and Energy Industry Analyst to Jerusalem Palestinian Authority, Turkey, Cyprus and Bank Europe? Mr. Eran Yunger , Senior Equity Analyst, Mr. Ron Adam , Special Envoy on Energy, Meitav Dash Brokerage Permanent Representative of Israel to Irena, Ministry of Foreign Affairs

Adv. Renelle Joffe , Partner, Head of Energy Group Meitar Liquornik Geva Leshem Tal & Co., Advocates Mr. Yossi Abu , CEO of Delek Drilling Dr. Eran Lerman , Senior Research Associate at the Begin-Sadat Center and member of faculty at Shalem College. Until recently Deputy National Security Adviser Dr. Charles Ellinas , CEO, E-C Natural Hydrocarbons Company, Cyprus Mr. George Papadopoulos , Oil & Gas Consultant, East Med Specialist, U.S.

13:15-14:30 Lunch 14:30-15:25 Concurrent Sessions B

Smart Energy - Changing the rules 14:30 – 16:30 Natural Gas Export and Regional of the game the International and Energy Cooperation (2) -Will Workshop: The Dutch experience Israeli Electricity markets East MED gas be export to in developing offshore resources •What is Smart Energy? Turkey, Jordan and the and prosperous natural gas • Technological applications and Palestinian Authority? markets their business impact on electricity • The Turkish Energy Market, consumers and suppliers * In Association with the Netherland supply sources and Gas demand •Applications in Israel: Programs, Embassy in Israel forecast opportunities and challenges Mr. Orin Shefler, Moderator: Bipol • Will Gaza Marine gas field be Energy developed? Chair and opening lecture: An international perspective on • Economic and business incentives Mr. Elad Shaviv , CEO of The • Geopolitics and Strategy Israeli Smart Energy Association; Israeli offshore developments

CEO NakiTech • An insight in the relation between Mr. Hasan Selim Ozertem , Center Israeli offshore developments and for Energy Security Studies,

Dr. Bracha Halaf , Chief Scientist, the international supply chain International Strategic Research Ministry of National Infrastructures, • A discussion on the key elements Organization, Ankara Energy and Water Resources behind a successful offshore Mr. Matthew Bryza , Member of Dr. Yael Parag , School of execution Sustainability, IDC Herzliya the Board of Directors, Turcas Mr. Fabrizio Giordano , Petrol; Former U.S Ambassador to Mr. Yitzhak Balmas , Deputy CEO Sr. Business Advisor , Heerema Azerbaijan, Istanbul & SVP Customers Group, IEC Marine Contractors Mr. Tal Garih , Energy Specialist, Mr. Sagi Dagan , Head, Corporate Making the seabed transparent: ALARKO Holding; a Faculty & Energy Business Unit, Rafael Getting offshore site investigations Board Member at Bahcesehir Advanced Defense Systems right University's Graduate School of • The shallow subsurface is often the Business, Istanbul biggest unknown in deepwater Mr. Tarek Awaad , Managing offshore field developments Partner of Central Gas ventures, • Timely and well designed Jordan – U.S. geophysical and geotechnical site

investigations help reduce this Dr. Alon Liel , Former Foreign uncertainty and thus project risk Ministry Director General and • See how state-of-the-art technology Israeli Counsel to Turkey and data analysis can promote a Ms. Gina Cohen , Natural Gas safer and more economic Consultant development Mr. Martin Galavazi , General Manager, Fugro Engineers Overview and Key Elements of Floating Gas Production Projects • Overview of Floating Production Units • Key drivers in an offshore gas project • High Level overview on Execution of an EPC of Floating Gas Production Unit Mr. Martijn Elbers , Area Business Development Director, SBM Offshore Ms. Elfride Covarrubias Villegas , Business Development Manager Italy & MED Area, DNV-GL – Oil & Gas Panel Discussion and Q & A Mr. Fabrizio Giordano , Heerema Mr. Martin Galavazi , Fugro Mr. Martijn Elbers , SBM Offshore Ms. Elfride Covarrubias Villegas , DNV-GL

15:30-17:30 Concurrent Sessions C 15:30-16:30 Water Energy Nexus regional initiative: Oil and Natural Gas Prices Jordan-Israel The Palestinian Authority • Changes and trends in the international oil • Presentation of a new Regional Water prices Energy Nexus initiative • Oil and fuels price forecast • First results of the feasibility study • How is natural gas price set and what are the prices in the area? Chair: Mr. Gidon Bromberg , Israeli • Israeli natural gas prices forecast for the Director, Eco Peace Middle East power, industry and transport sectors Dr. Shahar Dolev , Israel Energy Forum Chair: Mr. Shimon Seroussi , • Comments and Discussion - Co-CEO , Eco Energy Financial & Strategic Interdependent mechanisms between Israel Consulting and its neighbors in the form of a proposed Dr. Amit Mor , Co-CEO, Eco Energy water-energy nexus Financial & Strategic Consulting and IDC Dr. Yossi Beilin, President, Beilink Herzliya Business Foreign Affairs; Former Minister Dr. Charles Elinas , CEO, E-C Natural of Justice Hydrocarbons Company, Cyprus Mr. Yosef Abramowitz , Founder and CEO Mr. Amir Foster , Natural Gas Advisor Gigawatt Power, Founder Arava Power Mr. Moty Kuperberg, Business Development Mr. Hashem Hussein , Director General, Manager, Dynamic Shipping; Oil and LNG Ministry of Regional Cooperation Specialist Dr. Amit Mor , Co-CEO, Eco Energy Financial & Strategic Consulting and IDC 16:30-17:30 Herzliya Israeli Innovation and Technology - Creating Value in the Oil & Gas Industry

• Natural gas as a lever for the development of High-Technology • Technological developments in the fields of exploration & production, water, communications and security • Leading "Start-Ups and Exits" Chair: Dr. Zvi (Kul) Karcz , VP Explortation, Delek Drilling and Avner Oil Exploration Mr. Gil Shaki , Office of Chief Scientist, Ministry of Economy Mr. Shahar Larry , Joint-CEO, Demaya – Insights in Action ltd. Mr. Boaz Ur , CEO Co-Founder, Harbo Technologies Mr. Uri Rapoport , Founder and CEO, Aspect Imaging Ltd. Imaging Energy LLC Mr. Dotan Borenstein , Business Development Manager, Hutchinson Kinrot 17:30 End of day one

Tuesday, November 24, 2015

08:00-09:00 Gathering, registration and exhibition tour

09:00-11:00 Opening Plenary Session: New Lens Scenarios – a Shift in Perspective for a World in Transitions Dr. Ewald A. Breunesse , Manager Energy Transitions, Royal Dutch-Shell, Nederland

Global Warming and Climate Change in the Eastern Mediterranean Area - Energy and Water Aspects Prof. Yoav Yair , Dean, School of Sustainability, IDC Herzliya

Society and Energy in Renewable Israel Dr. Michael Mero , Public Ideas

China – the Energy Giant and its Energy Relations with Israel Dr. Gal Luft , Senior Adviser, United States Energy Security Council; Senior Adviser, China Energy Fund Committee; Co-Chairman, Global Forum on Energy Security

Development of Energy Industry and Operation of International companies in Israel Mr. Adrian Hillel , CEO, Adris Eng. Co.

Where is Israel Electric Corporation Heading? Major General (Res.) Yiftach Ron-Tal, Chairman of the Board of Directors, IEC – One- on-one discussion with Dr. Amit Mor

Challenges in Regulating Energy Sector Monopolies - Regulators Dialogue Adv. Orit Farkash - HaCohen, Chairperson of the Electricity Authority Mr. Shaul Meridor , Director General, Ministry of National Infrastructure, Energy & Water Resources Mr. Udi Adiri, Deputy Director of Budget Department, Ministry of Finance

11:00-11:30 Coffee break

11:30-12:20 Concurrent Sessions A

The Future of the Israeli electricity Sector (1) Transmission, distribution, storage and • IEC, IPPs, co-generation facilities, system marketing of Natural Gas administration and "Smart Energies" - how will the • Is there enough capacity in high pressure future of the electricity market look like? transportation pipelines? • Is it worth investing in IPPs in Israel? • Distribution companies: When will gas reach • Will the reform of the electricity sector in Israel Kiryat-Shmona and Jerusalem? materialize? How will it impact the profitability of IEC • When will factories receive gas? and IPPs? • Constructing marine and on-shore storage • Electricity tariffs - Trends and devolvement reservoirs – when will it happen and who will pay • What needs to be done in order to help the IEC the costs? recover from its financial crisis? • Business opportunities in infrastructure and marketing

Chair: Dr. Amit Mor , Co-CEO, Eco Energy Moderator: Adv . Alon Gellert , Senior Partner, Financial & Strategic Consulting and IDC Meitar Liquornik Geva Leshem Tal Herzliya Mr. Alexander Varshavsky , Director, Natural Adv. Moshe Shachal , M. Shachal Law Office, Former Gas Authority, Ministry of National Minister of Energy & Infrastructure Infrastructures, Energy & Water Resources Dr. Yehuda Niv , Commissioner, Electricity Ms. Adi Hachmon , Energy Coordinator, Administration, Ministry of National Infrastructures, Budget Dept., Ministry of Finance Energy and Water Resources Mr. Jay Epstein, Manager of Commerce and Ms. Nurit Gal , Director, Electricity & Regulation Business Development, Israel Natural Gas Lines Division, Electricity Authority Mr. Shay Ezra , CEO, Dor Alon gas Mr. Giora Almogi , CEO OPC - Rotem Mr. Moshe Shpitzer , CEO, Negev Natural Gas Mr. Amos Lasker , Director, Amrav Investments, former President & CEO of IEC Mr. Gabriel Bitton , Chairman, Energy Committee of the Industrialist Association;` Mr. Udi Adiri , Deputy Director, Budget Dept., Managing Director, Oxygen & Argon Works Ministry of Finance

12:25-13:15 Concurrent Sessions B

The Future of the Israeli electricity Sector (2) - Natural Gas for the Negev and the Periphery - Continuation Economic opportunities for Agriculture, Industry and Government • Is it worth investing in IPPs in Israel? • Natural gas for greenhouses in the Gaza envelope • Electricity tariffs - Trends and devolvement region, Ramat HaNegev and Arava communities – Will gas save Agriculture in Israel? • What needs to be done in order to help the IEC • Supplying gas to IDF camps, prisons, Dead Sea recover from its financial crisis? hotels and Mekorot facilities • Benefits to consumers and the economy –what are Ms. Nurit Gal , Director, Electricity & Regulation the costs and how will the infrastructure be Division, Electricity Authority financed? • Business opportunities for entrepreneurs Mr. Giora Almogi , CEO OPC - Rotem Chair: Mr. Shimon Seroussi , Co-CEO , Eco Mr. Amos Lasker , Director, Amrav Investments, Energy Financial & Strategic Consulting former President & CEO of IEC Mr. Udi Adiri , Deputy Director, Budget Dept., MK Issawi Frej, Member of the Economic Ministry of Finance Committee, Meretz Party Mr. Moshe Shpitzer , CEO , Negev Natural Gas Mr. Shmuel Mr. Shmuel Rifman , Mayor, Ramat HaNegev Regional Council and Chairman of the Board of the Regional Councils Association Ms. Adi Hachmon , Energy Coordinator, Budget Dept., Ministry of Finance Mr. Uzi Havshush , CEO of the Economic Company, Ramat HaNegev Regional Council

13:15-14:30 Lunch

14:30-15:20 Concurrent Sessions C

Co-generation and local Marine Program for Israel - Alternative Fuels for Transport electricity production in industry Energy, Security and the • What will be the future Environment • Are investments in co-generation transportation fuel mix and how and small-medium scale power • Marine planning and energy will Gas Stations look like? plants in industry economically • How to prepare for environmental • Is it possible to convert half of the viable? risks? vehicles in Israel to natural gas • What are the costs and what are propulsion technologies? Chair: Ms. Maya Yacobs , CEO, the business models? • CNG and LNG for heavy Zalul environmental Organization • Obstacles and impediments and transport and private vehicles required merits Professor Shamay Assif , Head, the • Electric vehicles and Hybrid Center of Urban and Regional vehicles - can they compete with Chair and opening lecture: Mr. Studies and the Spatial Planning and internal combustion engines Ido Rosolio , CEO Telemenia Design Laboratory, the Faculty of without fiscal incentives? Mr. Oded Agmon , Director, Architecture and Town Planning, Chair: Mr. Israel Yaniv , Chairman Regulation Department, Electricity Technion, Israel Institute of of the Board of Directors, Dor Alon Authority Technology Energy Mr. Doron Brenmmiler , Mr. Ken Fucik , Manager, Health- Mr. Eran Yaacov, First Deputy Executive VP, Brenmmiler Energy Environment-Safety, Noble Energy Director General Economic Israel Adv. Nadav Olgan , Partner, Department, Israel Tax Authority Erdinast, Ben Nathan & Co., Ms. Elfride Covarrubias Villegas, Mr. Moshe Weizmann , Senior Advocates Business Development Manager Director, Vehicle Department, Italy & MED Area, DNV-GL – Oil Mr. Carmel Yogev , Deputy CEO, & Gas Ministry of Transportation Rimon Mr. Avri Shefler, CEO, Bipol Mr. Guy Silberman , Business Mr. Avraham Zavdi , Managing Energy Consulting and Enterprising Director, United Technologies Mr. Uri Aldubi , Chairman, Israel Mr. Nir Frogel , Manager, Project

Oil & Gas Exploration Industry & Engineering Division, Colmobil Mr. Nissan Caspi . CEO Global Association Mercedes Power Mr. Saar Shafir , Deputy Managing Director, Fuel Choice Initiative, Prime Minister Office

15:20-15:25 break

15:25-16:15 Concurrent Sessions D

Is it worth investing in Renewable Israel's Preparations Towards Fuel Economy - Investment Energy in Israel? the 2015 United Nations Opportunities and Development Climate Change Convention in • Can renewable sources provide • Are Oil companies a profitable Paris - Challenges and Business 50% of electricity? business in Israel? Opportunities • Solar Energy: Is it Just PV? Is there • What is the betterment potential of a future for CSP? • Will international agreements to refineries? • Where to invest in PV - In Israel or reduce Greenhouse Gas •Will complementary industries for in other countries? Emissions be signed and how will natural gas be established and • What is the investment profitability they affect the Energy Sector? manufacture Ammonia, Urea, of wind power in Israel? • The Significance of signing such Methanol and Distillates? • Investments in Biomass - are they international agreements for the • The future Gas Station – How will economic for the nation and Israeli economy and energy sector it look like? profitable for investors? •Reducing greenhouse gas • Challenges and business • Opportunities in utilizing Kinetic emissions: Technologies and opportunities in the Storage and Energy Energetic Efficiency transportation of crude oil and distillates Chair: Mr. Eitan Parnas , CEO and Chair: Mr. Naor Yerushalmi , Founder of Green Energy CEO Life & Environment – Chair: Mr. Israel Yaniv Chairman Association of Israel Umbrella Organization of Israel’s of the Board of Directors, Dor Alon Environmental NGOs Energy Mr. Alon Tamari , Co-CEO Solar Power Mr. Yechezkel Lifshitz , Deputy Mr. Chen Bar-Yosef , Oil and Gas General Director, Energy & Director, Ministry of National Mr. Avraham Brenmmiler , Water Infrastructure, Ministry of Infrastructures, Energy and Water President & CEO, Brenmmiler Infrastructure, Energy & Water Resources Energy Resources Mr. Yona Fogel , CEO Paz Mr. Honi Kabalo , Director of Ms. Yael Cohen Faran , CEO, Renewanle Energy Dept., Electricity Mr. Rafi Tatarka , CEO PEI Israel Energy Forum Authority Dr. Eli Barnea , CEO, Sigma Epsilon Dr. Karni Lotan Marcus , Mr. Snir Niv , Energy Referent, Power Engineering School of Sustainability , IDC Budget Department, Ministry of Herzliya Ms. Norden Shalabana , Head of Finance Natural Gas & Fuels Sector, Budget Mr. Yuval Zohar , Ministry of Department, Ministry of Finance National Infrastructures, Energy and Water Resources

16:15-16:20 Break

16:20-17:30 Final Plenary Session

The Sea as a National Resource: Defense, Energy & Strategy Vice Admiral (Ret.) David Ben Bashat , Former Commander in Chief of the Israeli Navy

Economy, Society, Energy & Democracy MK Shelly Yacimovich , Labor Party

Energetic Vision and Closing Remarks

17:30 Conference closing

• The Program is subject to changes • Foreign lectors will speak in English (simultaneous translation will be available)