Assembly Day 1: Tuesday, 16 May 2017
Pricing, Financing and Investment
09.15 - Ministerial Welcome and Update on South Africa's Gas-to-Power Programme
09.30 - Opening Plenary: Global Gas Market Outlook and Opportunities in an Emerging Gas Market
- Maximising the global abundance of new natural gas resources and affordability to create perpetual energy growth
- Is the current global glut just another cycle, or has the industry permanently transformed in certain ways?
- Destination flexibility vs. price formula review moving forward. Will gas be able to contractually and physically move across regions, equalizing arbitrage by 2020?
- Where next for South Africa’s energy policy that will foster the next wave of investment?
- What tools are needed to support a solid energy strategy? The impact of cost-reflective tariffs, PPAs, third party access, risk allocation & regulators
- Karen Breytenbach, Head of IPP Office, DOE
- Adrian Hamra, Manager LNG Market Development, ExxonMobil
- Jacob Modise, Chairperson, NERSA
- Tom Earl, VP Global Development, Total
10.45 - Networking Morning Coffee Break
11.45 - US Department of State Keynote
- An update on Power Africa's gas strategy
- US Department of Energy's LNG Handbook for emerging African producers
- Case Studies from assisting Nigeria in monetization of gas
Taylor Ruggles, Regional Energy Counsellor for Africa, US Dept. of State
12.00 - Development Models and Energy Infrastructure: Catalysing New Demand and Unlocking Domestic Resources
- Tomorrow’s Energy Outlook: How can development models for power in all future GTP markets be adapted as oil and coal are displaced?
- Where does the industry need to invest to catalyze new demand and is investment in energy infrastructure the answer?
- Can LNG import be a bridge to unlocking domestic resources for countries with major discoveries?
- What mechanisms are needed to integrate the necessary gas import infrastructure, including floating storage regasification units (FSRUs), and gas to power plant projects in Southern Africa?
- Jerome Milongo, VP Greenfield LNG Origination, Africa, BP
- Frederik Smits van Oyen, Vice President - Origination and Marketing, Cheniere
- Erik Wandrag, Senior Transaction Advisor, Power Africa
- Kishan Pillay, Director: Up- and Midstream Oil & Gas, DTI
13.15 - Networking Lunch
14.15 - Finance and Investment: Mobilising Private and Public Capital - Unlocking Improved Value for Capital Expenditure and Filling the Funding Gap
- Credit enhancement: Understanding the tax exemptions behind PPAs that can drive gas development
- What risk elements do investors and financers have to consider when acquiring or developing energy and infrastructure assets?
- How does the risk/return profile for GTP investing differ from pure upstream investing? What opportunities are LPs and Private Equity looking for?
- PPA/IPP: Developing strong power purchase agreements that enables cost recovery and investor protection
- Highlighting the differing considerations needed between small and large-scale projects (early stage risk, long dated PPA – good structuring – indexing in hard credit)
- Extolling the virtues of counterparty credit and fair pricing to ensure projects are investable for pension and infrastructure funds
- Understanding hedging strategies to mitigate currency risk and foster GTP investment
- Regional vs. international lending for gas to power projects - overcoming challenges of debt markets for energy– supply side and demand side challenges (cost of debt, credible off takers and regulatory markets)
- Highlighting which liquefaction projects will likely get to FID in 2017? What critical commercial threshold has to be met before FID?
- Lisa Pinsley, Director Energy, Actis
- Vuyo Ntoi, Regional Director Southern and Central Africa, AIIM
- Keith Webb, Investment Director, Rand Merchant Bank
- Mohamed Rali Badissy, Senior Attorney for Energy and Finance, Office of the General Counsel, U.S. Dept. of Commerce
15.15 - Networking Afternoon Coffee Break
16.15 - Funding the South African Gas IPP Programme: Should a Collective Approach Be Used?
- Can the “Scaling Solar” approach developed by the IFC for the Zambian Solar IPP Program be used to fund South Africa’s Gas-to-Power Program?
- Successfully accessing and leveraging DFI involvement (Direct loans, Mezzanine debt and Equity)
- Charting the importance of Multilaterals in providing political risk insurance and other credit enhancements given the risk of downgrading
- Highlighting the well-structured Gas IPP programs that are providing opportunities for initial investment in other developing markets
- Externalising country and private capital risk - is there a requirement for credit enhancement to cover political and commercial risks?
- Nicolas Pitiot, Investment Director, CDC Group
- Jonathan First, Head Syndication Finance, DBSA
- Marcel Bruhwiler, Principal Investment Officer, IFC
- Mike Peo, Head: Infrastructure Project Finance, Nedbank
- Shaad Ebrahim, Head Debt Primary Markets, Standard Bank
17.15 - End of Day One
Assembly Day 2: Wednesday, 17 May 2017
GTP, LNG and IPP Case Studies
09.00 - Production and Supply Security: The Upstream Gas Supplier - Creating Models for Partnership with the Downstream Power Sector
- Marrying investment horizons of gas fields with financing realities of gas fired power generation? What lead times are needed to bring on board more indigenous gas?
- What regulatory environment is required to encourage investment in each stage of the project value chain in gas-to-power?
- Financing and developing dynamic growth in smaller scale GTP – the benefits of modularity and flexibility
- The benefits of production sharing agreements (PSA) and off take considerations
- Power transmission capacity to load centres – what can the upstream provider realistically expect? Priority of use?
- Maarten Van Der Horst, Head of Business Development Africa, ENGIE
10.00 - Progress & Delivery on the Continent: Pioneering Technology and Innovation
- Fostering tighter relationships with gas companies to bring resources online faster - Removing pressure on upstream companies to develop the entire gas value chain
- Creating regional gas hubs to provide sufficient feedstock – the relationship between upstream and downstream sectors
- The technology pioneers breaking boundaries to progress - the GTP technical approach, and country specific considerations in the energy landscape
- Enabling renewables on the grid - the future of gas
- Bruno Morgado, CEO, Matola Gas Company
- Lynn Rubow, Director, Power, Sub-Saharan Africa, Worley Parsons
- Nosizwe Dlengezelemotsitsi, Executive, GE Gas Power Systems
- Sabine Dall’Omo, CEO, Siemens
11.00 - Networking Morning Coffee Break
12.00 - LNG Case Study: Innovations in LNG and Power Delivery
- What is the long-term view of the change in LNG import country mix? Has OECD Asia’s LNG demand peaked? What markets have over contracted LNG?
- Global update on harness waste heat to drive renewed profitability for operators - new technology and advanced software controls
- Adding flexibility to the energy mix – Floating LNG Power Station (FLPS)
- What impact will smaller projects have for LNG players, and the future development of large scale LNG projects
- Ezekiel Adesina, Snr Business & Strategy Analyst, Nigeria LNG
12.30 - Gas Project Case Studies: Africa and Learnings from the Global Context – What Role Will Africa Play in Future Gas-to-Power and What can be Learnt from other Continents?
- Projects Panel: Assessing the next era of LNG/FLNG/FSRU Players and Projects
- Lessons learnt from North Africa, South America and Asia around FSRU – forecasts and considerations as markets switch to natural gas generation
- Upcoming project pipelines in the region, the role of government in developing projects and how projects will be tendered
13.00 - Networking Lunch
19.00 *** Industry Awards Gala Dinner ***
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