Canadian NGL Markets, Infrastructure and LPG Exports Congress

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A Unique Event Establishing Infrastructure, Markets And Export Opportunities For Canadian NGLs Optimizing Fractionation, Pipeline & Rail Capacity To Access Optimally Priced Domestic & Export Markets For Rising Volumes Of NGL Production In The WCSB To Ensure That Takeaway Capacity & Market Demand Keeps Up With Supply The Only Dedicated Forum On Infrastructure & Markets For Canadian NGLs Focusing On: November 25 - 26, 2014 | Calgary | Alberta Charlotte Raggett Vice President Supply and Marketing, Chief Commercial Officer Aux Sable Featuring E&Ps, Midstream Operators, Railroad & Petrochemical Companies Including: M Follow us @UnconventOilGas www.ngl-lpg-markets-canada.com Register By Friday September 19, 2014 SAVE $400 PRICING DYNAMICS : Analyzing how current & projected supply & demand dynamics for Canadian NGLs will combine to impact prices FRACTIONATION INFRASTRUCTURE : Examining plans for expanding fractionation infrastructure to meet rising supplies of NGLs in Canada & evaluating near term strategies for working within current capacity constraints NGL BY RAIL : Understanding how current railroad infrastructure can be optimized to create access to new markets for Canadian NGLs PIPELINE INFRASTRUCTURE : Mapping out current & planned pipeline infrastructure for the gathering & takeaway of NGLs from the WCSB to determine whether it will be able to keep up with supply LPG EXPORTS : Examining the impact that proposed LPG exports would have on NGL pricing dynamics & evaluating the readiness of international markets to absorb supplies from Canada DOMESTIC & U.S. MARKETS FOR CANADIAN NGLs : Analyzing the capability of domestic and U.S. markets to create sufficient demand for increasing volumes of Canadian NGLs PROPANE, BUTANE, ETHANE, PENTANE & PENTANE PLUS MARKETS : Providing a commodity-by-commodity analysis of the optimally priced markets for Canadian NGLs Stacey Terlecki Director, Marketing and Pricing Canadian Pacific Chris Rousch Vice President, Business Development Veresen Claudio Virues Staff Reservoir Engineer North American Shale Gas and Tight Oil Nexen Marie Thompson Analyst Apache Organized by Alex Chulsky Senior Manager NGL Supply Pembina Pipelines Vern Wadey Vice President, Jordan Cove LNG Veresen

description

The WCSB has seen an exponential growth in NGL production volumes as producers increasingly target liquids-rich plays like the Montney and Duvernay. However, takeaway capacity is failing to keep up with supply volumes and, additionally, with traditional U.S. markets becoming saturated, producers are urgently needing to find new markets for their NGLs. In order to support the prices necessary for the continued boom in NGL production in Canada, therefore, it is vital that the industry works together to establish fractionation, rail and pipeline infrastructure to take NGLs to market and examine solutions for establishing LPG exports to open up new destinations for Canadian NGLs. This year's 2nd Annual Canadian NGL Markets, Infrastructure and LPG Exports Congress, therefore, will bring together Canada's leading E&Ps, midstream operators, railroad and petrochemical companies to share solutions for optimizing NGL fractionation, rail and pipeline infrastructure in Canada and to determine the optimal domestic and international markets for Canadian NGLs and LPGs.

Transcript of Canadian NGL Markets, Infrastructure and LPG Exports Congress

Page 1: Canadian NGL Markets, Infrastructure and LPG Exports Congress

A Unique Event Establishing Infrastructure, Markets And Export Opportunities For Canadian NGLs

Optimizing Fractionation, Pipeline & Rail CapacityTo Access Optimally Priced Domestic & Export Markets For Rising Volumes Of NGL Production In The WCSBTo Ensure That Takeaway Capacity & Market DemandKeeps Up With Supply

The Only Dedicated Forum On Infrastructure & Markets For Canadian NGLs Focusing On:

November 25 - 26, 2014 | Calgary | Alberta

Charlotte Raggett Vice President Supply and Marketing, Chief Commercial Officer Aux Sable

Featuring E&Ps, Midstream Operators, Railroad & Petrochemical Companies Including:

M Follow us @UnconventOilGas

www.ngl-lpg-markets-canada.com

Register By FridaySeptember 19, 2014

SAVE $400

• PRICING DYNAMICS : Analyzing how current & projected supply & demand dynamics for Canadian NGLs will combine to impact prices

• FRACTIONATION INFRASTRUCTURE : Examining plans for expanding fractionation infrastructure to meet rising supplies of NGLs in Canada & evaluating near term strategies for working within current capacity constraints

• NGL BY RAIL : Understanding how current railroad infrastructure can be optimized to create access to new markets for Canadian NGLs

• PIPELINE INFRASTRUCTURE : Mapping out current & planned pipeline infrastructure for the gathering & takeaway of NGLs from the WCSB to determine whether it will be able to keep up with supply

• LPG EXPORTS : Examining the impact that proposed LPG exports would have on NGL pricing dynamics & evaluating the readiness of international markets to absorb supplies from Canada

• DOMESTIC & U.S. MARKETS FOR CANADIAN NGLs : Analyzing the capability of domestic and U.S. markets to create sufficient demand for increasing volumes of Canadian NGLs

• PROPANE, BUTANE, ETHANE, PENTANE & PENTANE PLUS MARKETS : Providing a commodity-by-commodity analysis of the optimally priced markets for Canadian NGLs

Stacey Terlecki Director, Marketing and Pricing Canadian Pacific

Chris Rousch Vice President, Business Development Veresen

Claudio Virues Staff Reservoir Engineer North American Shale Gas and Tight Oil Nexen

Marie Thompson Analyst Apache

Organized by

Alex Chulsky Senior Manager NGL Supply Pembina Pipelines

Vern Wadey Vice President, Jordan Cove LNG Veresen

Page 2: Canadian NGL Markets, Infrastructure and LPG Exports Congress

SAVE $400

www.ngl-lpg-markets-canada.com (1) 800 721 3915 [email protected]

The WCSB has seen an exponential growth

in NGL production volumes as producers

increasingly target liquids-rich plays like the

Montney and Duvernay. However, takeaway

capacity is failing to keep up with supply

volumes and additionally with traditional U.S.

markets becoming saturated, producers

are urgently needing to find new markets for

their NGLs.

In order to support the prices necessary

for the continued boom in NGL production

in Canada, therefore, it is vital that the

industry works together to establish

fractionation, rail and pipeline infrastructure

to take NGLs to market and examine

solutions for establishing LPG exports to

open up new destinations for Canadian

NGLs.

This year’s 2nd Annual Canadian NGL

Markets, Infrastructure and LPG

Exports Congress, therefore, will bring

together Canada’s leading E&Ps, midstream

operators, railroads and petrochemical

companies to share solutions for optimizing

NGL fractionation, rail and pipeline

infrastructure in Canada and determine the

optimal domestic and international markets

for Canadian NGLs and LPGs.

Speakers at the Event will break

down solutions for every stage of NGL

transportation, provide a commodity-

by-commodity analysis of markets for

Canadian propane, ethane, butane,

pentane and pentane plus and evaluate

how to take advantage of progress

being made in establishing LPG export

infrastructure on the West Coast.

It will be an unmissable opportunity

for any company with a stake in the

Canadian NGL industry to gain the

latest updates on these developments

as they happen and make sure they

fully understand how they will impact

their business operations.

REASONS TO ATTEND

• 100% CANADIAN NGL FOCUS:

The only event 100% specifically

dedicated to NGL markets and

infrastructure and specific to Canada,

with every one of the 20+ sessions

focused on NGLs rather than any

other commodity.

• FIRST INSIGHTS INTO LPG

EXPORTS: The first event to tackle

comprehensively the issue of LPG

exports which will be one of the key

drivers of NGL pricing dynamics in

Canada.

• OPERATOR LED: The only event

100% led by E&Ps and midstream

companies that own NGL

infrastructure, with every presentation

being a case study from them and

no presentations from suppliers or

vendors.

• MULTI-STAKEHOLDER: The

only event to feature every key

stakeholder group in the NGL value

chain, including E&Ps, fractionation

plant owners, pipeline companies

and railroad operators.

• FULL RANGE OF NGL BUYERS: The

only event to bring the full range of

NGL buyers to the table including

petrochemical companies, diluent

buyers, refiners, potential Asian

importers and propane distributors.

• TRACK RECORD: As the 2nd Event

in the series responding to the rapid

rise in NGL production in Canada, it

is the most established NGL focused

event in the region with a track

record of attendance from every

leading E&P and midstream operator.

I was very impressed with the depth of information provided in the conference

CAPP

Good subject matter and speakers

CERI

Venue Information:

The Telus Convention Center20 9 Ave SE, Calgary, AB T2G OP3, CanadaPhone: 1 403 261 8503Website: www.calgary-convention.com

Register By FridaySeptember 19, 2014

Page 3: Canadian NGL Markets, Infrastructure and LPG Exports Congress

Analyzing Supply & Demand Dynamics For Canadian NGLs & Examining Solutions For Expanding Fractionation, Pipeline & Rail Capacity To Provide Access To Optimally Priced Markets

Day 1Tuesday November 25, 2014

8.30 Chair’s Opening RemarksSUPPLY, DEMAND & PRICING DYNAMICS

FOR CANADIAN NGLsQUANTIFYING PROJECTED NGL SUPPLIES FROM THE

WCSB, TAKEAWAY CAPACITY CONSTRAINTS AND FORECASTED DEMAND TO DETERMINE HOW THEY WILL SHAPE PRICING DYNAMICS IN THE SHORT & LONG TERM

OVERALL SUPPLY & DEMAND DYNAMICS

8.40 Analyzing Overall NGL Supply & Demand Dynamics In Western Canada To Forecast How Current Demand Constraints Will Impact Price•ExaminingwhatimpactcurrentdeficitsinNGLfractionationcapacity

arehavingontheeconomicsofinvestinginliquids-richplays•IdentifyingtheoptimaldestinationsforCanadianNGLsand

whichmarketsareofferingthebestprices•Evaluatingwhetherornotthereisalargeenoughmarketforthe

currentvolumesbeingproducedandatwhatpointproducerswillhavetopullbackonproduction

•MappingouttheimplicationsoftheCochinReversalonpricingdynamicsforCanadianNGLs

Charlotte Raggett, Vice President NGL Markets and Chief Commercial Officer, Aux Sable9.10 Question and Answer Session

IMPACT OF SHALE ON NGL PRICES

9.20 Quantifying The Impact That Increased NGL Production From Shale Plays In The WCSB Is Having On Overall Pricing Dynamics In Canada•ProjectingthequantitiesofNGLsupplyforecasttobe

producedfromCanadianshaleplaystodeterminewhethertherewillbeenoughdemandtomeetit

•SpecifyinghowCanadianshaleproductionisinteractingwithsimilarproductionintheU.S.A.toshapetheNorthAmericanmarket

•EvaluatingstrategiesforfindingmarketsforthepropaneandbutanebeingproducedinliquidsrichshaleplaysintheWCSB

•Analyzinghowthecurrentsupplyglutisinfluencingproducers’investmentstrategyinliquidsrichplaysandmappingoutproducerpreferencesforpipeline,railandtruckingtakeawayoptions

Claudio Virues, Staff Reservoir Engineer North American Shale Gas and Tight Oil, Nexen9.50 Question and Answer Session

10.00 Morning Refreshments in Exhibition Showcase Area

FRACTIONATION CAPACITYEXAMINING PLANS FOR EXPANDING FRACTIONATION

INFRASTRUCTURE TO MEET RISING SUPPLIES OF NGLs IN CANADA & EVALUATING NEAR TERM STRATEGIES FOR WORKING WITHIN CURRENT CAPACITY CONSTRAINTS

FRACTIONATION CAPACITY EXPANSION

10.30 Examining Plans For Expanding Fractionation Capacity In Canada To Determine Whether It Will Be Sufficient To Keep Up With Increasing Volumes Of NGL Supply•ReviewingthekeyfractionationhubswithintheWCSBto

assesshowmuchfurtherbuildoutwillberequiredtomeetforecastedNGLsupplyvolumes

•Detailingthetimescalesforexpandingfractionationinfrastructuretoforecastwhennewcapacitywillbecomingonline

•Projectingtheamountoffractionationcapacitythatwillbeaddedintheshorttermtoquantifytheextenttowhichnewfacilitieswillbeabletoabsorbcurrentsurpluses

•Evaluatingwhichgeographicalareasarelikelytoaddcapacitytodeterminewhichbasinswillbebestserved

Matthew Miceli, Director NGL Business Development, Keyera11.00 Question and Answer Session

NEAR TERM FRACTIONATION CAPACITY

11.10 Explaining How Producers & Marketers Of NGLs Can Optimally Take Advantage Of Current Fractionation Infrastructure Whilst They Wait For New Capacity To Come Online•Advisingonwhatstepscanbetakentooptimizecurrent

fractionationcapacitytomitigateneartermbottlenecks•Assessingthereadinessofkeyfractionationplantownersfor

respondingtoincreaseddemandfromNGLproducersformoreflexiblecontracts

•Determininghowproducers,marketersandfractionatorscancollaboratetoachievemoretransparencyofpricingthroughouttheindustry

•Understandingwhatlevelofcommitmentfractionatorswillrequirefromtheircustomerstojustifyinvestinginfurthercapacity

Chris Rousch, Vice President Business Development, Veresen

11.40 Question and Answer Session

11.50 Lunch in Exhibition Showcase Area

NGL BY RAILUNDERSTANDING HOW CURRENT RAILROAD

INFRASTRUCTURE CAN BE OPTIMIZED TO CREATE ACCESS TO NEW MARKETS FOR CANADIAN NGLs

RAILROAD CAPACITY

12.50 Quantifying Railroad Capacity & Availability Of Pressurized Railcars To Assess The Extent To Which Rail Represents A Commercially Viable Option For Transporting Canadian NGLs•Outliningtheplansofrailroadsforexpandingtheir

infrastructuretomeetincreaseddemandfortransportingNGLsbyrail

•Quantifyingthecurrentavailabilityofpressurizedrailcarstodeterminewhetheritwillbesufficienttokeepupwithdemand

•Evaluatingwhatoptionsexistforreplacinggeneralpurposecarswithgreaternumbersofpressurizedrailcarsasmarketconditionsevolve

•WeighingupwhethertransportingNGLsbyrailrepresentsastopgaporaviablelongtermsolution

Stacey Terlecki, Director Marketing and Pricing, Canadian Pacific Railways

1.20 Question and Answer Session

RAIL DESTINATIONS

1.30 Mapping Out Which Destinations Current Rail Infrastructure Can Transport NGLs To & Which New Market Opportunities It Can Open Up•IdentifyingthelocationsthatrailcanshipNGLstowhichare

currentlyunderservedbypipelines•ReviewingcurrentandplannedNGLloadingterminalsinCanada

toclarifywhichdestinationshavesufficientloadingcapacity•Comparingtheeconomicsofrailvs.pipelineforreaching

differentNGLmarketstodeterminewhenrailrepresentsthemostcost-effectiveoption

•Evaluatinghowmidstreamandmarketingcompaniescanintegraterailintotheirstrategytoexpandtherangeofdestinationstheycangettheirproductto

Stacey Terlecki ,Director Marketing, Canadian Pacific Railways

2.00 Question & Answer SessionPIPELINE INFRASTRUCTURE

MAPPING OUT CURRENT & PLANNED PIPELINE INFRASTRUCTURE FOR THE GATHERING & TAKEAWAY OF NGLs FROM THE WCSB TO DETERMINE WHETHER IT WILL

BE ABLE TO KEEP UP WITH SUPPLY

PIPELINE CAPACITY

2.10 Reviewing The Plans Of Pipeline Operators For Ensuring Takeaway Capacity And Expanding The Range Of Market Destinations To Keep Up With Supply Volumes Of NGLs in the WCSB•AssessingwhatvolumesofNGLscanfeasiblybeshippedout

oftheWCSBwithcurrentpipelinecapacitytodeterminewhatadditionalbuildoutmayberequired

•EvaluatingwhichdestinationscurrentpipelineinfrastructurecanservetodeterminetheoptimalmarketsforNGLproducersandmarketers

•MappingoutwhichmarketscanbeaccessedusingcurrentNGLpipelineinfrastructuretoidentifythehighestpriorityareasforfutureinvestment

•EvaluatingwhichdestinationspipelineoperatorsareprioritizingforfutureNGLpipelinestodeterminewhichmarketsthiswillopenup

2.40 Question and Answer Session

2.50 Afternoon Refreshments in Exhibition Showcase Area

STORAGE INFRASTRUCTUREEVALUATING STRATEGIES FOR EXPANDING & OPTIMIZING

PROPANE STORAGE CAPACITY TO SUPPORT STABLE PRICES THROUGHOUT THE YEAR

PROPANE STORAGE

3.20 Providing Updates On Steps Being Taken To Optimize Propane Storage Capacity In Canada To Manage Seasonal Demand Fluctuations & Minimize Impact On Propane Prices•Quantifyingtheamountofextrapropanestoragefacilities

whichwillberequiredtomeetrisingsupplytodeterminetheneedforfurtherbuildout

•Providinganoverviewofpropanestorageprojectscurrentlyinconstructiontoovercomecurrentcapacityconstraints

•Evaluatingstrategiesfordealingwithstorageproblemsduetoseasonaldemandissues

•Examiningtheimpactofthecurrentstoragedeficitonpropaneprices

John Parfett, Plant Manager at NGL Cavern Storage and Fractionation Complex, Fort Saskathewen, Keyera

3.50 Question & Answer Session

PERSPECTIVES FROM SMALLER PRODUCERS & REGULATORS

ANALYZING HOW SMALLER PRODUCERS CAN FIND MARKETS IN THE CONTEXT OF CURRENT FRACTIONATION CONSTRAINTS & EVALUATING THE ROLE OF REGULATORS

IN SUPPORTING THE CANADIAN NGL INDUSTRY

SMALLER PRODUCERS’ PERSPECTIVE

4.00 Identifying Ways In Which Smaller Producers Can Find Markets For Their NGLs In The Context Of Limited Availability Of Low Volume Buyers•Examiningstepsthatsmallerproducerscantaketo

findmarketsfortheirNGLsgivencurrentconstraintsinfractionationcapacity

•ExploringtheoptionofusingtruckorrailtogetsmallerquantitiesofNGLtoalternativemarkets

•Surveyingthemarkettopinpointwhichmarketersandfractionationplantoperatorsarewillingtoworkwithsmallerproducers

•Evaluatinghowmuchfractionationcapacityneedstocomeonlinetoensuredrillingliquids-richplayscontinuestomakeeconomicsenseforsmallerplayers

James Evaskevich, President, Yangarra Energy

4.30 Question and Answer Session

REGULATION FOCUS

4.40 Examining The Strategy Of The Federal & Provincial Governments For Supporting The Growth Of An Economically Stable Canadian NGL Industry•EvaluatingtheFederalGovernment’sstrategyforsupportinga

competitiveNGLmarketinCanada•DeterminingwhatstepsProvincialGovernmentscantaketo

haveanincreasedroleinsupportingtheNGLmarketintheirterritories

•ScopingoutunderwhatconditionsFederalorProvincialGovernmentswouldconsiderfurtherregulationtoprotectNGLprices

•ExploringtherolethatregulatorscanplayinstreamliningthebuildoutofNGLtakeawayinfrastructure

5.10 Question and Answer Session

5.20 Chair’s Closing Remarks

www.ngl-lpg-markets-canada.com (1) 800 721 3915 [email protected]

Very relevant, the content relates directly to what I’m currently involved in

Plains Midstream Canada

Page 4: Canadian NGL Markets, Infrastructure and LPG Exports Congress

8.30 Chair’s Opening RemarksLPG EXPORTS

EXAMINING THE IMPACT THAT PROPOSED LPG EXPORTS WOULD HAVE ON NGL PRICING DYNAMICS & EVALUATING

THE READINESS OF INTERNATIONAL MARKETS TO ABSORB SUPPLIES FROM CANADA

LPG EXPORT INFRASTRUCTURE

8.40 Examining Progress Being Made In Establishing LPG Export Terminals In Canada To Determine How Many Will Get Built, At What Capacity And What Impact This Will Have On Market Dynamics•EvaluatingtheeconomicsofconstructingLPGexport

terminalsinWesternCanadatodeterminewhetherthereisenoughincentiveforthemtobebuilt

•EstimatinghowmanyLPGexportterminalsarelikelytobebuilttodeterminewhatimpacttheywouldhaveonmarketdynamicsandpricing

•ProvidingupdatesonplannedLPGexportterminalprojectsinCanadatoestimatethetimescalesforthemcomingonline

•AnalyzingthereadinessofexistingpipelineandrailtakeawaycapacitytoserveproposedLPGexportterminalsatthevolumesrequired

Krish Suthantiran, President, Kisualt Energy9.10 Question and Answer Session

INTERNATIONAL MARKETS

9.20 Evaluating The Readiness Of Asian Markets To Import Canadian LPGs To Quantify The Size Of Demand And Establish The Economics Of Developing Export Terminals•ForecastingthesizeoftheinternationalmarketforCanadian

LPGstodeterminewhatimpactexportscouldhaveonpricing•Exploringthereadinessofinternationalpetrochemical

companiestoconverttheirplantstorunonpropaneorethaneandhowthiswouldimpactdemandforCanadianNGLs

•EvaluatinghowWesternCanadiansuppliescomparewithsuppliescomingoutoftheGulfCoasttogaugewhethertheycancompeteintheglobalmarket

•SpotlightingkeypotentialAsianmarketsincludingChinaandJapanandinvestigatinghowcurrentpropanepricesinthoseregionswoulddrivedemand

Rose Klukas, Economic Development Officer, Kitimat9.50 Question and Answer Session

10.00 Morning Refreshments in the Exhibition Showcase Area

IMPACT OF LNG EXPORTS ON NGL MARKETSDETERMINING HOW PROPOSED LNG EXPORTS WOULD IMPACT NGL SUPPLY DYNAMICS AND WHAT KNOCK ON

EFFECTS THAT WOULD HAVE ON PRICING

IMPACT OF LNG EXPORTS ON NGL MARKETS

10.30 Forecasting The Impact That The Developing Canadian LNG Export Industry Will Have On Supply, Demand & Pricing Dynamics For NGLs•ProjectingtheeffectthatLNGexportswouldhaveon

productionvolumesinliquidsrichplays•DeterminingwhatknockoneffectthiswouldhaveonNGL

supply,whetheritcouldcreateafurtherglutofproductionandhowthiswouldimpactprices

•EvaluatingwhetherchangingmarketdynamicscausedbyLNGexportscouldstimulatebuildoutoftakeawayinfrastructurethatcouldbeusedtotransportNGLs

•MappingouttimescalesforproposedLNGexportterminalstoallowNGLproducerstoprepareforitspotentialeffects

Vern Wadey, Vice President Jordan Cove LNG, Veresen11.00 Question and Answer Session

DOMESTIC & U.S. MARKETS FOR CANADIAN NGLsANALYZING THE CAPABILITY OF DOMESTIC AND U.S.

MARKETS TO CREATE SUFFICIENT DEMAND FOR INCREASING VOLUMES OF CANADIAN NGLs

DOMESTIC CANADIAN MARKETS

11.10 Quantifying The Domestic Market For NGLs In Western Canada To Establish The Extent To Which They Can Contribute To Supporting Commercially Viable Prices•EvaluatingtheabilityofWesternCanadatobeagrowing

demandcenterforNGLs•Investigatingwhethergrowthindomesticdemandwillbe

enoughtonegatetheneedfordevelopingexportmarkets•ForecastinghowmuchofthecurrentdomesticdemandforNGLs

willstillbethereinsixmonthstimetofacilitateforwardplanningMarie Thompson, Analyst, Apache Energy11.40 Question and Answer Session

11.50 Lunch in Exhibition Showcase Area

US DEMAND

12.50 Weighing Up Whether There Is Sufficient Infrastructure & Markets For The U.S. To Be A Long Term Market For Canadian NGLs•EvaluatingtheextenttowhichtheU.S.willcontinuetodrawon

CanadianLPGsinthecontextofrapidincreasesintheirownsupplies

•EstablishingwhethertheGulfCoastrepresentsaviablelongtermmarketforCanadianNGLs

•GaininginsightintohowfartakeawaybottleneckswillimpedeaccesstoU.S.marketsforCanadianNGLs

•DeterminingwhetherU.S.LPGexportswillcreateanewmarketforCanadianNGLs

Alex Chulsky, Senior Manager NGL Supply, Pembina Pipelines1.20 Question and Answer Session

CANADIAN PROPANE, BUTANE, ETHANE, PENTANE & PENTANE PLUS MARKETS

PROVIDING A COMMODITY-BY-COMMODITY ANALYSIS OF THE OPTIMALLY PRICED MARKETS FOR CANADIAN NGLs

PROPANE MARKETS PANEL

1.30 Projecting Demand For Canadian Propane From The Residential Heating, Petrochemicals & Automotive Fleet Markets To Determine Which Will Be The Key Factor In Supporting Robust Pricing•ForecastinghowtrendsintheCanadianresidentialheating

marketwillimpactmarketdynamicsforpropane•Quantifyingthecurrentlevelsofdemandforpropanefromthe

petrochemicalsindustryinCanadaandhowthiswillimpactpricing•ProjectingthegrowthintheCanadianautomotivefleetmarket

forpropanetodeterminewhetheritwillcontinueandwhatlevelsofdemanditcanreach

•Examiningtheeconomicsofpropanecogenerationtounderstandunderwhatconditionsitcanmakeasignificantcontributiontoincreasingdemand

PERSPECTIVE A: RESIDENTIAL HEATING MARKETAlex Hazzard, Regional Director, Superior Propane

PERSPECTIVE B: PETROCHEMICALS MARKETJames Herzig, Olefins Marketing Representative, Williams Chemicals

PERSPECTIVE C: AUTOMOTIVE FLEET MARKETSheldon Cromwell, Fleet Administrator, NBC

PERSPECTIVE D: COGEN MARKETJan Buijk, Chief Executive, EPS Energy2.00 Question and Answer Session

BUTANE MARKETS PANEL

2.10 Analyzing Gasoline Blending, Diluent & Petrochemicals Markets For Canadian Butane To Clarify Which Will Emerge As The Biggest Driver For Demand Growth•Establishinghowclosethegasolineblendingmarketfor

butaneistosaturationtodeterminetheneedforothermarkets

•Forecastingtheextenttowhichdiluentmarketswillcontinuetocreatestrongdemandforbutane

•EvaluatinghowmuchdemandforbutaneisbeingcreatedbytheNorthAmericanpetrochemicalmarketandwhetheritwillgrowinthefuture

PERSPECTIVE A: GASOLINE BLENDING MARKET

PERSPECTIVE B: DILUENT MARKET

PERSPECTIVE C: PETROCHEMICALS MARKET

Jake Herzig, Olefins Marketing Representative, Williams

2.40 Question and Answer Session

2.50 Afternoon Refreshments in Exhibition Showcase Area

PENTANE PLUS AND PENTANE MARKETS PANEL

3.20 Assessing How Far The Growth Of The Oil Sands Industry Will Support Increased Demand For Pentane & Pentane Plus Produced In Western Canada To Be Used As Diluent•Trackingtheextenttowhichgrowthinoilsandsmarketscould

driveincreaseddemandforhexaneandpentaneasdiluents•Providingacompetitiveanalysisofpentaneandpentaneplus

suppliesfromtheU.S.todeterminehowCanadiansuppliescompareintermsofeconomics

•Determiningwhetherrailortruckrepresentsabetteroptionfortransportingpentaneplusandpentanetomarket

•EvaluatingtheabilityofthepetrochemicalssectortoprovideanalternativemarketforCanadianpentaneandpentaneplusgoingforward

Marc Legault, Manager Project Delivery Excellence, Nexen

3.50 Question and Answer Session

ETHANE MARKETS PANEL

4.00 Weighing Up The Prospects Of New Ethane Cracker Facilities Being Built In Canada. Under What Circumstances Would This Happen & How Would It Affect Ethane Pricing•Providingapetrochemicalcompanies’perspectiveonwhether

thereisacurrentneedforincreasedethanesuppliesasfeedstock

•EvaluatingtheeconomicsofbuildingnewethanecrackerplantsinCanadatodetermineunderwhatcircumstancesitwouldmakeeconomicsense

•Investigatinghowmuchethaneiscurrentlygettingrejectedtoquantifythecurrentdeficitindemand

•ExaminingtheextenttowhichabundantethanesuppliesintheU.S.andthecostoftransportingCanadianethaneisrenderingCanadianethaneredundant

Jake Herzig, Olefins Marketing Representative, Williams

4.30 Question and Answer Session

4.40 Chair’s Closing Remarks

4.50 End of Conference

Day 2Wednesday November 26, 2014

Quantifying The Impact That PG Exports Will Have On NGL Prices & Finding The Optimal Domestic & International Markets For Canadian Propane, Butane, Ethane, Pentane & Pentane Plus

www.ngl-lpg-markets-canada.com (1) 800 721 3915 [email protected]

Great range of topics covered with a good pace/structure. ConocoPhillips Canada

Page 5: Canadian NGL Markets, Infrastructure and LPG Exports Congress

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