<<

“PRESIDENCY OF HONOUR” GRANTED TO GASTECH BY HIS MAJESTY KING FELIPE VI OF

Post Show Report

17–20 September 2018 , Spain

organised by Uncover more highlights and insights at gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

With Thanks to the Gastech 2018 Host Consortium of Leading Spanish Energy Companies

2 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Thank you to our 2018 Sponsors and Partners

gastechevent.com/psr | 3 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Gastech 2018 was inaugurated by His Majesty King Felipe VI of Spain

From left to right: Mr Miquel Valls, President of the Chamber of Commerce, Industry and Navigation of Barcelona; Juan Lladó Arburúa, CEO and Vice Chairman, Técnicas Reunidas; Jose María Paz Goday, Chairman, Reganosa; Núria Marín Martínez, Mayor of Hospitalet de Llobregat; Teresa Cunillera, Delegate of the Spanish Government in Catalonia; Antonio Brufau, Chairman, , S.A.; H.E. Saad al-Kaabi, CEO, Qatar ; H.E. Teresa Ribera, Minister for Ecological Transition, Spain; His Majesty King Felipe VI of Spain; Jonathan Harmsworth, The Fourth Viscount Rothermere, Chairman, DMGT; H.E. Cesar Abi Khalil, Minister of Energy & Water, Lebanon; Francisco Reynes, Chairman and CEO, Naturgy; Antonio Llardén, Executive Chairman, Enagás; Sylvester Turner, Mayor, Houston; Mr José Luis Bonet, President, Spanish Chamber of Commerce & President, Governing Board of Fira de Barcelona; Juan Antonio Vera, COO, CEPSA; Neil Chatterjee, Commissioner, US Federal Energy Regulatory Commission; Chris Hudson, President Energy Sector, dmg events

4 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Gastech 2018: an integrated multi-faceted event supporting business across the whole value chain

Gastech, the world’s largest global gas, LNG and Comprising of the world’s largest integrated exhibition energy event, took place from 17 - 20 September and a high-level, multi-streamed conference, Gastech 2018 in Barcelona, Spain at the Fira Gran Via. gathered every major IOC, multiple NOCs, global utility companies, engineering contractors, ship builders, manufacturers, distributors and service providers, driving conversations and developing business across the global gas, LNG and energy value chain.

gastechevent.com/psr | 5 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Gastech 2018 An Industry Viewpoint

Gastech 2018 identified an unprecedented growth in global demand principally driven by China with the continued rise of North America as a major supply source.

China becomes the world’s largest natural gas importer The age-old tension between suppliers and buyers by 2019 and with 171 billion cubic meters (bcm) of on pricing and contract duration surfaced in many imports by 2023, is mostly supplied by LNG. sessions. Charif Souki (Chairman, Tellurian) and Meg Gentle (President and CEO, Tellurian) highlighted The dynamics of the LNG market The United States, already the world’s top producer, that with 14 LNG cargoes a day being loaded with are changing, with more destination accounts for almost 45% of the growth in global destination flexibility, the global LNG market is flexibility on spot cargoes and the production and nearly three-quarters of LNG becoming more liquid. This trend will continue, but export growth. suppliers need some certainty to hedge price risk. advent of greater liquidity. The market will likely evolve to see a large variety of Upward pricing pressure has emerged in the second commercial contact structures offered to suit the half of 2018 as projected demand growth will not be met needs of both the buyer and seller. with new supply sources currently planned. A looming bottleneck in available resources for new construction The EPC CEO panel on the final day was optimistic of pipelines and plants could be ahead. about the opportunity presented by the gas industry in the years ahead but sanguine about the risks The dynamics of the LNG market are changing, with involved. The EPC community has left, as David Seaton more destination flexibility on spot cargoes and the (CEO, Flour) eloquently stated, a ‘trail of tears’ due to advent of greater liquidity. But long-term contracts are investments made but left uncompensated during the still required to finance new mega LNG liquefaction last wave of development. Stuart Bradie (CEO, KBR) projects, which are among the most significant capital dramatically stated having a hero mentality is great, but investments in the world, said Matt Schatzman, often heroes get killed on the battlefield. And Bechtel CEO NextDecade Corporation. accepted that the pace of change has been too slow.

6 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

The future of the gas industry depends on whether it can position itself as a solution, not one of the world’s energy problems. IOC’s have launched blended green electricity offerings to the end consumer, mixing renewables and gas. Total will develop an FSRU in Myanmar coupled with a power generation and distribution capability, said Philippe Sauquat of Total (President Gas, Renewables and Power).

Tackling methane leakage is vital for natural gas to respond to the threat of climate change, and Maarten Wetselaar (Shell’s Integrated Gas and New Energies Director) used his position on the leadership panel to announce that Shell will keep methane emissions below 0.2% of total natural gas extracted and transported from projects it operates by 2025.

gastechevent.com/psr | 7 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Opening Ceremony and Welcome

The Gastech opening ceremony was attended by His Majesty the King of Spain and fellow dignitaries as well as over 2,000 conference attendees.

8 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

The Opening Ceremony’s panel was moderated by CNBC’s Steve Sedgwick featuring leaders from the six Gastech 2018 host consortium companies: CEPSA, Enagás, Naturgy, Reganosa, Repsol, Técnicas Reunidas, which he called ‘an extraordinary panel of eminent experts and leaders in natural gas and trading.’

The consortium discussed the importance of Spain as a regional gas hub for South West , while also acknowledging that the biggest challenge facing the natural gas industry is delivering security of supply while cutting its carbon footprint and integrating with renewables, so that it is an end-game fuel not simply a transitional fuel.

Instead of forming part of the problem, natural gas is becoming part of the solution for the future. Francisco Reynes, Executive Chairman, Naturgy

gastechevent.com/psr | 9 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

The Gastech Plenary Stage

Gastech 2018 featured nine CEO, Ministerial and Global Leaders’ Panels alongside insightful keynote speeches from the industry’s leading figures.

Here are the key takeaways & learning points from the energy leadership panel debates.

Gas is a destination fuel and I think it’s the solution for the future as the cleanest fossil fuel known to mankind for many, many uses. Saad Sherida Al-Kaabi, CEO,

10 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

A distinguished line-up of leading figures from some the world’s biggest gas players including Saad al-Kaabi, CEO of Qatar Petroleum, PetroChina Vice President Zou Caineng, CEO of Export Elena Burmistrova, Shell’s Maarten Wetselaar, Peter Clarke, President of ExxonMobil Gas & Power, Repsol CEO, Josu Jon Imaz and Vitol Group CEO, Russell Hardy, examined the transitional impacts of the new energy landscape on the gas industry. For an industry that’s long prized stability I think the watch word is volatility in that inevitably you have to think Here Maarten Wetselaar took the opportunity to announce Shell’s cap of about contracting and underpinning investment in a methane emission leaks to 0.2% across all its natural gas operations. different way and therefore you have to be very creative. Natural gas is the ‘rising star’ among fossil fuels and will enter a Golden Age if Peter Clarke, President, ExxonMobil Gas and Power it can address its carbon footprint, but the industry must ensure investments remain cost-competitive to secure a place in the future energy market, the panel concluded.

The idea that investment in gas should be considered to have a finite timeframe is not the right way to imagine gas. Russell Hardy, CEO, Vitol

We have this big bulk of supply coming from the US that sets a base price in the market. As long as you beat it you invest, but if you don’t you have to be careful. Maarten Wetselaar, Integrated Gas and New Energies Director, Shell

gastechevent.com/psr | 11 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

The Gastech Plenary Stage

Speakers from Tokyo Gas, JERA, Tellurian, and GAIL examined the innovations required to deliver the energy needs of customers. Some cautioned that recent predictions of a supply glut did not materialize due to a surprising increase in LNG demand, and that the market will tighten beyond 2020, so now is a good time to invest. With the advent of destination flexibility, the global LNG market is more liquid than the recent past, and this trend We know that we need more than 100 will continue, challenging the norm of long-term index-linked contracts between supplier and buyer. million tonnes of new construction to begin and that FID on that construction is not happening fast enough to meet demand growth. Meg Gentle, President and Chief Executive Officer, Tellurian

What we had in the past is gone. Let it go. Jettison it off. Get rid of it. Because the future is going to be something completely new and if you’re not prepared for changing future, if you’re not prepared for uncertainty, you may actually struggle in the next 10 years. Peter Coleman, CEO and Managing Director, Woodside

12 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

The Gastech Ministerial Panel welcomed senior government figures from the USA, A spotlight was placed on global energy security as speakers from the Gas Exporting Canada and Lebanon. His Excellency Cesar Abi Khalil, Lebanese Minister of Energy & Countries Forum, Total and CEPSA outlined their vision on how to promote greater Water, FERC Commissioner Neil Chatterjee and Dave Nikolejsin, the British Columbia energy certainty. Deputy Minister for Energy, Mines & Petroleum Resources talked to CNBC’s Steve Mahdjouba Belaifa from the Gas Exporting Countries Forum (GECF) set out a call to Sedgwick about the transformation potential of gas in improving lives both locally action from all in the industry to work together to reinforce the positioning of gas with and worldwide. policymakers and consumers alike

gastechevent.com/psr | 13 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

The Gastech Plenary Stage

In his keynote address, the IEA’s Chief Economist, Jean-Baptiste Dubreil spoke of the industry’s growth opportunities on the supply side in the US, to the demand side from Asia and growing industrial demand.

In terms of energy markets natural gas is well placed thanks to its flexibility, abundance and advantages in terms of environmental footprint, with LNG being the driving engine for trade growth in the next years to achieve a more competitive and global gas market. Jean-Baptiste Dubreil, Chief Economist, IEA

14 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

There’s a lot of noise around innovation today, there’s a lot of froth around innovation. Ultimately if it doesn’t result in the craftsperson being more productive, then it’s just innovation for innovation’s sake. Alasdair Cathcart, President, Oil, Gas & Chemicals, Bechtel

There’s a trail of tears in the contracting community in terms of the amount of money we’ve invested in these projects without any return… the push for the fastest schedule creates a huge risk in the contracting community and why we are where we are. David Seaton, Chairman and CEO, Fluor

Having that hero mentality is fantastic if you sign up to something that you can deliver, but in truth most heroes die on the battlefield so it’s a good idea to have CEO’s and Presidents from Bechtel, KBR, Fluor, McDermott and Tecnicas Reunidas gave their engineering, procurement and construction sector perspectives. the cavalry coming over the hill before you get to that point.’ Speakers outlined their approach to taking on large projects, stressing the need for Stuart Bradie, President and CEO, KBR effective innovation, getting the balance right between keeping capital costs down and keeping to schedule, and sharing risks with clients.

gastechevent.com/psr | 15 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

The Exhibition

Gastech offers a unique opportunity for energy players representing a diverse set of nations and perspectives to converge and engage on the foremost issues facing the natural gas industry. As a federal regulator in the United States – which has recently become a net exporter of natural gas for the first time in several decades – Gastech 2018 served as a platform for me to share my views regarding the significance of natural gas in our country, explore the opportunities I see for collaboration with our international partners and identify the challenges we as a global community must work together to address. Neil Chatterjee, Commissioner, US Federal Energy Regulatory Commission

16 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

A truly global event for the entire gas, LNG & energy value chain

Gastech received incredible feedback from exhibitors, strengthening its place as a must-attend event for the entire global gas and LNG community. Gastech would like to thank all exhibitors for their feedback and participation this year.

OFFICIAL EXHIBITION TOUR A RECORD TURNOUT THOUSANDS OF PRODUCTS LIVE DEMONSTRATIONS BY HIS MAJESTY KING FELIPE VI AND SERVICES OF SPAIN

gastechevent.com/psr | 17 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Excellent Exhibitor Feedback 93% 94% 71 %

Met or exceeded Said exhibiting at Gastech was important Have already booked or objectives or very important to their business plan to participate in 2019

Independent exhibitor survey

PRODUCT TECHNICAL GLOBAL MEETINGS EXHIBITOR NETWORKING PRESENTATIOINS SEMINARS PROGRAMME RECEPTIONS

18 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

676 Exhibitors from across the complete Companies including Gas, LNG & Energy value Chain

gastechevent.com/psr | 19 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Dedicated Industry Zones

The industry zones and international country pavilions at Gastech hosted SME’s and companies with specific industry expertise from around the world, creating opportunities for dialogue, business partnerships and bilateral trade.

IT & DIGITAL NATURAL GAS SHIPPING & MARINE LNG FACILITIES & SECURITY & HSE INFRASTRUCTURE VEHICLES (NGVS): ENGINEERING INFRASTRUCTURE ROAD, MARINE & RAIL

Exhibiting Country Pavilions

20 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Outstanding Visitor Feedback 95% 95% 91 %

Satisfied Consider Gastech an Are planning to attend Visitors important event Gastech again

Independent exhibitor research

Purchasing authority by job title

gastechevent.com/psr | 21 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Connecting exhibitors with Reasons why visitors buyers from around the world attend Gastech

North America Europe & Caribbean

% % 21 CONNECT MEET with existing suppliers across new suppliers and potential 43 four days under one roof business partners

NETWORK DISCOVER amongst industry the industry’s latest 4% 9% leaders technologies 23% Latin Middle East America & Africa

Asia & Oceana KEEP UP-TO-DATE IDENTIFY with industry trends new opportunities and markets

22 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Global Meetings Service

The global meetings programme provides a unique service for the Gastech exhibitors, delegates and visitors to arrange pre-planned meetings with each other to discuss opportunities and conduct business transactions.

C-Level, Executive Management

27% 9,336

39% Engaged with the service 4,333

Middle & Meeting invites sent Managerial Management 34%

Technical, Operational and Administrative

gastechevent.com/psr | 23 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

The Gastech 2018 venue

Gastech 2018 was the biggest edition yet, with more exhibitors, visitors and exhibition features than ever before.

• GPEX Technical Conference • GPEX Exhibition

Exhibiting Country Pavilions • Gastech Delegate Lunch

AUSTRALIA CANADA CHINA

GERMANY INDIA JAPAN SINGAPORE

SPAIN ICAEN SOUTH KOREA USA

Key Host Consortium Zone Industry Zones Global Power & Energy Gastech meetings Gastech plenary International pavilions Private meeting rooms Exhibition (GPEX) lounge conference

24 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

• Gastech Strategic Conferences • Gastech Technical Conferences • Gastech Specialist Conferences

• GPEX Strategic Conference • Gastech Specialist Conferences • Gastech Exhibition

• Gastech Opening Ceremony • Gastech Plenary Stage • Gastech Strategic Conference

• Gastech Delegate Coffee Lounge To Registration Area

gastechevent.com/psr | 25 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

The Conference

Gastech gives our company an important opportunity to engage with many of our key customers, peers, and suppliers from across the globe in one setting. The conference program encourages an open dialogue about the state of the gas industry and documents the accomplishments and innovations happening on important gas and LNG projects. This year I particularly enjoyed participating in the Engineering, Procurement, and Construction CEO panel to share views on how we view the next wave of EPC projects. Stuart Bradie, KBR President and CEO

26 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Advancing the role of gas and LNG in the global energy mix

PLENARY STAGE STRATEGIC VIP PROGRAMME TECHNICAL CONFERENCE CONFERENCE

gastechevent.com/psr | 27 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Exceptional Delegate Feedback 94% 94% 90%

Satisfied Consider Gastech an Are planning to attend Delegates important event Gastech again

Independent exhibitor survey

ASIA LNG MARKET LNG PROCUREMENT YOUNG DIVERSITY DEVELOPMENT FORUM & TRADING FORUM GASTECH IN ENERGY

28 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Executives Committees

Gastech’s four day, multi-streamed conference programme was developed alongside industry experts.

STRATEGIC GOVERNING BODY Kunio Nohata Member of the Board, Senior Managing Executive Officer, Chief Justin Hearn Industry Manager, Natural Gas & LNG, BASF SE Executive of Global Business Division, Tokyo Gas Co., Ltd Nick Milne Senior Vice President - Offshore Oil / Gas & LNG Finance, Ngo Anh Hien Deputy General Manager - Gas, Corporation Macquarie Group Daniel Purba Commissioner, PT EP (Head Office) Paul Sullivan LNG Project Consultant Hiroki Sato Chief Fuel Transactions Officer, Senior Executive Vice President, Masao Ishikawa SVP Division Director, Technology & Engineering Division, JERA Co., Inc. Chiyoda Corporation Jason Bennett Partner, Deputy Department Chair, Baker Botts LLP Andrew Seck Vice President LNG Marketing & Shipping, Anadarko Patrick Janssens Vice President - Global Gas Solutions, ABS Marta Margarit Borras Secretaria General, Sedigas Petroleum Corporation Ankur Jariwala Senior Product Manager, Guy Broggi Consultant, LNG Markets Greg Thomas Director, ConocoPhillips LNG Technology & Licensing Akira Kono Corporate Officer, Energy Division,NYK Line Japan Simon Davies Executive Director, Natural Resources EMEA, The Bank Delphi Sun Vice President & Head of LNG Trading, UNIPEC SINGAPORE of Tokyo-Mitsubishi UFJ,Ltd Hyo-Jin Lee Vice President, Technology Planning & Development Department, PTE. LTD KOGAS Leyre De Adrian Global LNG Origination & Operations Director, Naturgy Chris Swann Managing Director - LNG Origination, Tellurian Iain Macneil Chief Executive Officer, Witherby Publishing Group Vincent Demoury General Delegate, GIIGNL Noel Tomnay Head, EMEARC Gas and LNG Consulting, Wood Mackenzie Karl Masani Director, LNG, ConocoPhillips Rodrigo Díaz Ibarra Development Manager, Reganosa Deborah Turner Dirctor LNG, Simpson Spence Young Martin Mayer Director of Technology, CB & I Jefferson Edwards General Manager Global Gas & LNG Market Development, Andrew Walker Vice President LNG Strategy, Cheniere Marketing Ltd Qinghai Meng Deputy Chief Engineer of Engineering Incorporation, Sinopec Corporation Alden Evans Vice President - Americas, WorleyParsons TECHNICAL GOVERNING BODY Bruce Barnes LNG Technology Manager, Bechtel Corporation Hirotatsu Fujiwara Chief Operating Officer of Energy Business Unit II, Mitsui & Co Ltd Christopher Caswell Director - LNG & FLNG KBR Björn Munko Head of Business Development & Sales, TGE Marine Gas Engineering GmbH Alberto Galicia Director Global Gas & LNG Commercial, Repsol Andrew Clifton Chief Executive Officer & General Manager, SIGTTO Pankaj Shah Senior Consultant, LNG Process Engineering, Chevron Shipping Ricardo Galindo General Manager – Business Development, Upstream Tsutomu Akabane Director, Senior Executive Vice President, JGC Company (USA) and Natural Gas Division, Tecnicas Reunidas CORPORATION Tongwen Shan Director - Research & Chief LNG Engineer, CNOOC Gas Paul Griffin Senior Advisor & Counsel, Oil & Gas, White & Case Gailing Bai Chief Engineer, LNG and Offshore Engineering Company, China & Power Group HuanQiu Contracting & Engineering Corp. John Hatley Americas Vice President Marine Solutions, Wärtsilä Corporation Jeff Tatarzyn Senior LNG Consultant, Exxon Mobil Production Company Olivier Becu LNG Production Facilities Manager, Total S.A. Katan Hirachand Managing Director - Energy Project Finance Group, Societe James Soloman Director - LNG, Air Products Generale Corporate & Investment Banking Steven Borsos Vice President - LNG, Fluor Hayato Suga Operating Officer and General Manager of Natural Resources Geoffroy Hureau Secretary General, CEDIGAZ Jaewoong Choi Ph.D Vice President, Energy Plant Research Center, Central and Energy, Nippon Kaiji Kyokai Research Institute, Samsung Heavy Industries (SHI) Fernando Impuesto Nogueras Director - Commercial & Technical Services, Javid Talib Vice President and Director, Black & Veatch Corporation Enagás S.A. Chris Clucas Corporate Expert - Liquefied Gas & Principal Consultant, Bernhard Schulte Shipmanagement UK Ltd & Liquefied Gas Kazuhiko Tezuka General Manager, Research Center, Technical Division, Darius Lim Head of Strategic Relations & Corporate Affairs, Pavilion Energy Japan Petroleum Exploration Co., Ltd. (JAPEX) Pte Ltd David Colson Commercial Vice President, GTT (Gaztransport & Technigaz) SA Tetsuro Tochikawa Vice President, Technical Headquarters & General Antonio Melcón Álvarez Director General, Cepsa Gas Comercializadora, S.A Guy de Kort Vice President Development, Intergrated Gas, Shell Global Manager, INPEX Corporation Solutions Int BV Sven Messerschmid Head of Business Development, Uniper Global Luo Xiaofeng Director, China Classification Society Wuhan Rules & Commodities SE Nicolas Foirien Manager - LNG Product Hydrocarbons Product Line, Research Inst Alberto Montesi Senior Advisor, Chevron Air Liquide Global E&C Solutions Jun Nishizawa Senior Vice President, Division COO, Energy Resources Dr. Joseph M. Gebara Senior Vice President, Project Delivery, SNC-Lavalin Division, Natural Gas Business Division, Mitsubishi Corporation Oil and Gas Anzhong Gu Secretary-General, China LNG Association

gastechevent.com/psr | 29 Gastech VIP Programme

30 | gastechevent.com/psr The Gastech VIP Programme kicked off the Speakers included week of networking and discussion. Leading figures from across the global energy industry gathered at the Arts Hotel in Barcelona to discuss a range of topics including European energy policy, opportunities presented by sector disruptors and driving new investment through greater certainty between gas buyers ANATOL FEYGIN KEITH MARTIN ALEXANDER MEDVEDEV MARCO ALVERÀ and suppliers. Executive Vice Chief Commercial Deputy Chairman of the CEO, SNAM President and Chief Officer,Uniper Management Committee, & President, Commercial Officer, Gazprom GasNaturally The VIP participants then enjoyed a special Cheniere Energy Inc Gala Evening hosted by Tellurian and Uniper at the stunning and historic Casa Llotja del Mar featuring the best of Spanish cuisine, hospitality and entertainment.

MARCELINO OREJA WALID NASR EMILIO BRUQUETAS MARÍA VICTORIA ARBURÚA Chairman of the Chief Executive Zingoni CEO, Enagás Board, Lebanese Officer,Reganosa Executive Managing Petroleum Director of Administration Downstream, Repsol

% MASATO SASAKI TONY ATTAH CLARE HARRIS MAYOR SYLVESTER 93 Director CEO, Nigeria LNG Executive Vice TURNER Ministry of Economy, President, Integrated Mayor of Houston, Trade and Industry Gas Ventures USA Rated the VIP Programme Development, Shell as good or excellent

gastechevent.com/psr | 31 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Gastech Strategic Conference

32 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

The programme featured discussions and Speakers included presentations from leading commercially minded experts across the energy value chain. Sessions covered a broad range of topics including gas policy, floating regasification and storage units, gas and LNG in the European Union, future project financing and the growing number of global FIONA HALL SUNILKUMAR SVEINUNG STØHLE SIDDHARTHA utility companies along with an update on General Manager, LNG RAMAKRISHNAN President & CEO, SHRIVASTAVA & Liquids, Marketing Head of Blockchain Höegh, LNG Head of Energy & gas and LNG projects around the globe. & Trading, Santos & AI – Oil & Gas Natural Resources, Consulting, IBM Asia, SMBC Further sessions centred around North American shale exports, contracts, trading & pricing, gas and LNG as a transportation fuel, corporate risk and CSR along with an in depth look at key existing and emerging consumer markets.

ROSARIO BISBIGLIA BEN RATNER PAUL JEAKINS ALEJANDRO ALLE Director, Edison Senior Director, Commissioner & CEO, Executive Director, EDF+Business, British Columbia Oil Energía del Pacifico Environmental & Gas Commission Defense Fund

% MARIA SICILIA COREY GRINDAL DAVID MARRIOTT 87 Director of Strategy, Senior Vice President – Chief Technical Officer, Enagás Gas Supply & Trading, H-Energy Group of Cheniere Energy Companies Rated the strategic conference as good or excellent

gastechevent.com/psr | 33 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

The technical sessions began on the opening Monday afternoon with a very special occasion: Gastech’s longest-serving Chairman and true stalwart of the LNG shipping industry, Chris Clucas, was presented with a surprise award honouring his lifetime of contributions to the global Gastech Technical gas industry. The Shipping session welcomed some excellent papers from Winterthur and two of the big- hitting Korean yards, DSME and SHI. Conference Further original presentations from GTT and Exmar rounded off a robust and fascinating session.

34 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Diverse and challenging subjects covered included greater focus on Upstream Field Development, on Carbon Capture Speakers included and Storage, and on a very popular area that Gastech has comprehensively covered this year: smaller-scale LNG and LNG-powered vehicles. The technical agenda is reflective of the rapid and exciting shifts being witnessed by the industry as the role for gas diversifies, fragments and finds new doors opening where none did before. The advancement of the Floating LNG session included some exciting developments from the likes of TechnipFMC and Samsung Heavy Industries, while the EPC session PATRICK SYARIF ANTHONY NUNAN MANAS SAHOO shared some major case studies include Sabine Pass LNG DERUYTTER KURNIAWAN TATA VP QGC, Shell Senior Director, SAP and Prelude FLNG with insights into the role for blockchain Vice President Northen Manager of Production Australia Europe, Emerson Geology for Western in the EPC project cycle, courtesy of IBM. Indonesia Exploitation Division, SKKMigas With the global sulphur cap on shipping barely more than one year away, the LNG as Fuel for Transportation session proved very popular as professionals working in or with shipping try and understand the potentially massive role for gas as a cleaner form of transport fuel. Overall it was a day of exploration of new ideas and new opportunities and the audiences across the streams left the rooms with a buzz and high energy levels to continue their Gastech experience.

CLAIRE WEISS SIMON CULKIN YOUNGKYUN KIM ALAN YOGI LAU Acid Gas Expert Terminal Director, Principal Research President Director, PT. Manager, Total National Grid Grain Engineer, Korea Gas Anglo Euro Energi LNG Corporation (KOGAS) Indonesia

% TIMOTHY MEYERS NANCY NGUYEN YUJIAO HAN 89 Technical Lead – LNG & Commercialisation Doctoral Candidate, Alternative Fuel Systems, Manager, Woodside Research Institute United States Coast Energy Ltd of Petroleum E&D, Rated the technical conference Guard – Office of Design & PetroChina Engineering Standards as good or excellent

gastechevent.com/psr | 35 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Gastech Asia LNG Market

ASIA LNG MARKET Development Forum DEVELOPMENT FORUM 18 September 2018 | Barcelona

The first Gastech Asia LNG Market Development Forum brought together major companies involved in the LNG value chain across the region to discuss opportunities to drive market demand across Asia with the aim of creating better transparency in the market for the benefit of both producers and consumers. Representatives from China, India, Japan, Korea, Indonesia, Malaysia, Singapore, Thailand, Vietnam, Philippines, Bangladesh and Pakistan along with suppliers from Australia, US and Canada convened to generate meaningful dialogue on developing new demand centres and new infrastructure in Asia to drive market liquidity and the commoditisation of LNG. The meeting was conducted under the Chatham House Rule of non-attribution to promote frank dialogue and was sponsored by Energy Transfer, GLX, Jordan Cove, NextDecade and Yokogawa.

88%

Rated the Asia LNG Market Development Forum as good or excellent

36 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Speakers included

DR TWARATH SUTABUTR PARAMATE KENTARO HORISAKA RAJEEV MATHUR DIDIK SASONGKO JAMES Director General, Energy HOISUNGWAN General Manager, Business Executive Director WIDI MACTAGGART Policy & Planning Office, Chairman, Policy, Research Planning Section, Global (CA & Retail Marketing) President Director Senior Vice President, Ministry of Energy, and Capability Building Task Business Planning OSC to CMD, GAIL & CEO, Badak LNG LNG Marketing – Asia Thailand Force, ASEAN Council on Department, Tokyo Gas India NextDecade Corporation Petroleum (ASCOPE)

HONGTAO ZHENG PANKAJ WADHA KATSUO AJAY SINGH SCOTT ATHA TOM MASON Executive Vice Senior Vice President NAGASAKA Special Advisor to Senior Manager, LNG Executive Vice President, CNOOC (Marketing), Petronet Chairman, Chiyoda Chairman & President Marketing, Jordan President Gas & Power Trading LNG Corporation JAPEX Cove LNG and General Counsel, & Marketing Branch Energy Transfer

CHRISTOPHE BEN CHU CLYDE RUSSELL MA SEAH CYN YI MALET Directory of Equity, Asia Commodities and SHENYUAN Vice President LNG Managing Director, LNG & Proprietary, Energy Columnist, Vice President, ENN Trading & Chartering, Hanas LNG Genscape Thomson Reuters Group Pavilion Energy

gastechevent.com/psr | 37 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Gastech LNG Procurement

LNG PROCUREMENT & Trading Forum & TRADING FORUM 18 September 2018 | Barcelona

Gastech’s special invitation-only session focusing on the dynamics of LNG trade and procurement welcomed a wealth of senior professionals to the room. Held under the Chatham House rule of non-attribution, the lively and keenly-attended forum welcomed many influential speakers and attendees. The opening session raised a hugely-challenging issue: how to achieve a degree of certainty for the LNG supplier, whilst creating maximum flexibility for the buyer. Can a ‘win-win’ scenario ever be achieved? Major names in both supply and demand, including Repsol, , RWE and GAIL sparked constructively off each other and drove some excellent debate throughout. Another major obstacle the industry faces is creating standardisation across contracts, and this was examined in detail by experts representing the Energy Charter Secretariat and specialist lawyers in this field. Two further senior panel debates also examined the increasingly-disruptive role of technology in trading, as well as the new and diversifying market opportunities out there for both suppliers and portfolio players. Excellent contributions across both panels from companies that included NextDecade, Cheniere, Jordan Cove LNG, Nakilat and Cepsa meant the sessions delivered strong content packed into a single afternoon. 89%

Rated the LNG Procurement & Trading Forum as good or excellent

38 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Speakers included

JAVIER MORET ALBERTO GALICIA MELISSA LINDSAY JUAN CARBAYO TAREK SOUKI AHMAD ADLY ALIAS Global Head of Director Global Gas Founder & CEO, Business Development Senior Vice President Vice President, LNG LNG, RWE Supply & & LNG Commercial, Emstream Manager, Cepsa Gas LNG Marketing & Marketing & Trading, Trading Repsol, S.A Trading, Tellurian Inc. Petronas

DAMIEN CRIDDLE GORDON BENNETT GAJENDRA SINGH TOM MASON PATRICK HUGHES Vice ANDREW WALKER Chief Executive Officer Managing Director, Ice Marketing Director Executive Vice President, Corporate Vice President GLX Futures Europe GAIL India President & General Strategy, External Affairs LNG Strategy , Counsel, Energy & Investor Relations, Cheniere Transfer Partners NextDecade Corporation

JOHN WHITE ALEJANDRO STUART TAYLOR JAKOB STAMPE PARAMATE ABACHE ABREU Partner – Global CARBALLO VP & Corporate Chief Commercial HOISUNGWAN Senior Editor, LNG Projects Group, Baker General Counsel, Development Officer, & Business Upstream and Gas News & Analysis, Asia- Botts LLP Energy Charter Jordan Cove LNG Development Officer, Team Leader, ASCOPE Pacific and Middle Secretariat Nakilat East, S&P Platts

gastechevent.com/psr | 39 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Gastech Young Gastech

YOUNG GASTECH 18 September 2018 | Barcelona

The Young Gastech programme has been running since The winner of the Young Gastech essay-writing competition, 2006 and has become regarded as one of the global energy Markus Norrgård, was also announced. His visionary piece, industry’s most prestigious programmes for young graduates a new addition to Wärtsilä’s Fuel Gas Supply System team, and professionals working in this sector. titled, “A transition towards carbon neutrality – what part does natural gas play?”, was also presented to the entire Gastech The day began with our Chair, former Young Gastech Alumni conference on the Thursday morning. and now experienced energy professional, Jack Middleton, introducing the themes and day ahead. Attendees then heard The day concluded with some excellent networking drinks from men and women working in many areas of the energy that allowed both attendees and speakers to mingle and industry, commercial and technical, about what the average share their views. ‘day in their life’ is like. They then also heard from a panel of speakers candidly sharing why they made the decision to work in the energy industry. Major obstacles facing the industry were discussed, including the pertinent theme: “Attracting (and retaining) new talent to the industry – how can energy promote its brand to Millennials?” This session welcomed sharp debate and a broad range of impassioned opinions from those inside and also outside of the energy industry.

95%

Rated Young Gastech as good or excellent

40 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Speakers included

CHRIS CLUCAS JAVID TALIB LEYRE DE ADRIAN DEBBIE TURNER JUAN CARBAYO JOHN JACK Corporate Expert- Liquified Vice President Global LNG Origination Director LNG, Business Development Chair of Alberni-Clayoquot Gas & Principal Consultant, Director of Floating and Operations Director, Simpson Spence Manager, Cepsa, Gas Regional District, Huu-ay- Bernhard Schulte Ship Technology Applications, Naturgy Young Comercializadora aht First Nation Management Ltd & Black & Veatch Liquefied Gas

ROGER BOUNDS ANDRE PAMPELLONNE HIEU LE IGNACIO NICK MILNE PAUL SULLIVAN Vice President Director Business (former Young Gastech VILLANUEVA MARTÍN Senior Vice President LNG Project of Global Gas, Development, Essay Winner 2017) Manager, The – Oil, Gas & LNG Development Shell Trading McDermott Naval Architect, ENAGAS Academy Project Finance, Consultant Longitude Engineering Macquarie Group

DAVID LEDESMA JUAN HITA GARCÍA FERNANDO AURÉLIEN ARMAMET ANTON SAFRONOV Founder, South Court CEO & Co-founder, SIERRA PERLER Solar Energy (former) Minister of LNG Venturi Unmanned Leadership and Talent Systems Engineer, Investment & Enterprise, Technologies, SL Senior Manager, Group CAP SUD Sakha Republic (Yakutia), Repsol The Russian Federation

gastechevent.com/psr | 41 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Gastech Diversity in Energy

DIVERSITY IN ENERGY 19 September 2018 | Barcelona

This year, Gastech’s Women in Energy programme took on a new title – Diversity in Energy. The sessions set out to provide a platform for discussion between speakers from companies including Enagás, ExxonMobil, SNC-Lavalin, Naturgy, National Grid on how diversity and inclusion within the sector can be achieved across the board. Panels discussed the importance of industry leaders supporting and creating diverse workforces. This was compared to the development of employee-led networks to strive for greater diversity in the workplace, with Uniper’s Shiva Meyer and Larissa Leienbach highlighting how their company approaches the subject in both ways. The sessions were rounded off with leading figures from the industry sharing their experience of reaching top level management. Marta Margarit of Sedigas, Astrid Alvarez, Grupo Energia Bogota and Laura Rejon-Perez, Repsol S.A. shared inspiring stories, noting the challenges they faced along their journeys, provoking conversations around eliminating obstacles that lie in the way in of diverse workforces. Discussions and networking continued at ExxonMobil’s Power Play drinks reception, part of a series of international events that celebrate the impact of diversity.

92%

Rated Diversity in Energy as good or excellent

42 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Speakers included

EITHNE TREANOR SHERINA MAYE CATHERINE HALPIN NANCY BALLOUT LARISSA LEIENBACH RODNEY WILLIAMS CEO, E Treanor Media EDWARDS Chief Executive Officer Vice President, Power Market Analyst, Project Engineer, Partner, Quarles & The Quad Business Processing, AG&P Diversity Ambassador, National Grid Brady LLP Energy, Towers Uniper Environment & Natural Resources Group

MABEL LEUNG VINCENT DEMOURY ROSA NIETO EMMA WILD JOSHUA ATKINS ALIA MOBAYED President, China General Delegate, Assets Management Partner, Head of Policy Manager, Member of the Gas Marketing, GIIGNL Director, Enagás Upstream, KPMG LLP Energy UK and Chair, Management ExxonMobil Pride in Energy Committee, Access Women in Energy, Crystol Energy

PAULA GLOVER MAGGIE SEELIGER SUSAN SAKMAR MARTA MARGARIT LIZ FOLEY ASTRID ALVAREZ President & CEO, Senior Vice President – Visiting Law Professor, Secretary General, Regional CEO, Grupo Energia American Association Strategy & Marketing – Oil University of Houston Sedigas Communications Bogota of Blacks in Energy & Gas, SNC-Lavalin Law Center Manager, Asia Pacific, SNC-Lavalin

gastechevent.com/psr | 43 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

VIP Champagne Reception & VIP Gala Dinner Official Hosts’ Welcome Party

The VIP champagne reception sponsored by Tellurian, followed by the VIP dinner The Spanish Gastech Consortia welcomed over 500 Gastech exhibitors, sponsored by Uniper, offered 229 global gas and LNG leaders an effective way to speakers and delegates to celebrate the start of Gastech 2018. connect and share ideas with industry peers.

44 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Gastech 2019 Launch Party Exhibitor Networking Receptions

The launch party was attended by representatives from the city of Houston, Exhibitors held informal networking receptions on their stands on the exhibition who welcomed over 500 attendees. show floor.

gastechevent.com/psr | 45 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Thank you to our 2018 Media Partners

46 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Global marketing statistics and coverage

gastechevent.com/psr | 47 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Global Media Coverage

Television Broadcast Major International Press Spanish Press

Reach: Reach: Reach: Reach: Reach: Reach: 2,324,000 834,000 2,100,034 29,886,442 2,960.925 314,391

Found from website recreated PMS Reach: Reach: Reach: Reach: Reach: Reach: 1,930,000 96,000 51,000,000 435,612 203,691 1,470,692

Reach: Reach: 1,729,000 107,000

48 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

Energy Industry Press & Associations

ENERGY & www.oil-fielddirectory.com rient inside oil gas www.businessleader.ae O R e v i e w OILGAS NEWS MARINE PUBLICATIONS www.orientenergyreview.com

Reach: 20,017 Reach: 34,400 Reach: 314,391 Reach: 44,000 Reach: 20,000 Reach: 300,000 Reach: 7,000 Reach: 147

OIL & GAS VISION

Reach: 45,000 Reach: 18,000 Reach: 2,500 Reach: 30,160 Reach: 8,633 Reach: 800 Reach: 140,000 Reach: 10,000

Reach: 2,324 Reach: 7,000 Reach: 1,100 Reach: 25,000 Reach: 10,030 Reach: 98,000 Reach: 40,000 Reach: 40,000

Reach: 4,700 Reach: 220,000 Reach: 13,000 Reach: 500 Reach: 40,000 Reach: 12,150 Reach: 14,312 Reach: 5,000

Reach: 30,160 Reach: 8,500 Reach: 5,000 Reach: 6,900 Reach: 39,000 Reach: 21,670 Reach: 15,200 ENERGY Industry review

ENERGY Industry review

Reach: 6,250 Reach: 2,500 Reach: 15,784 Reach: 35,000 Reach: 14,500 Reach: 5,000 Reach: 11,600

Reach: 15,000 Reach: 2,000 Reach: 9,000 Reach: 395,000 Reach: 3,000 Reach: 10,000 Reach: 3,000

www.arena-international.com/dels

Reach: 300 Reach: 15,000 Reach: 1,091 Reach: 44,000 Reach: 88,000 Reach: 6,000 Reach: 6,500

World ils

Reach: 50,000 Reach: 25,000 Reach: 5,000 Reach: 2,000 Reach: 7,000 Reach: 43,063 Reach: 30,000

gastechevent.com/psr | 49 Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

50 | gastechevent.com/psr Gastech Conference & Exhibition | 17–20 September 2018 | Barcelona, Spain

gastechevent.com/psr | 51

We look forward to seeing you at Gastech 2019 gastechevent.com

Stand and sponsorship enquiries: [email protected]

Supported by Venue Partner Co-located with Organised by

GPEX2019

DMG414