Oman to host 2018 edi­tion of Gas & LNG Mid­dle East Sum­mit

KEY PLAT­FORM: Two-day fo­rum to show­case dra­matic de­vel­op­ments in gas & LNG sec­tor

Oman Daily Observer - - INSIDEOMAN - CON­RAD PRABHU MUS­CAT, OCT 13

Un­der­scor­ing the in­creas­ingly piv­otal role of nat­u­ral gas in driv­ing the na­tion’s eco­nomic growth, Oman is set to host the 2018 edi­tion of the ‘Gas & LNG Mid­dle East Sum­mit’ — a high-pro­file event that brings to­gether key fig­ures from the gas in­dus­tries of Europe, Asia, United States and the Mid­dle East.

The 2-day event, which will be held un­der the aus­pices of Dr Mo­hammed bin Ha­mad al Rumhy, Oman’s Min­is­ter of Oil & Gas, is sched­uled to take place dur­ing Oc­to­ber 29-30, 2018 at the Oman Con­ven­tion & Ex­hi­bi­tion Cen­tre in Mus­cat.

High­light­ing the sig­nif­i­cance of the fo­rum, or­gan­is­ers Wis­dom Events ex­plained: “The Sum­mit will take place in Mus­cat, Oman and will open up am­ple op­por­tu­ni­ties for net­work­ing and build­ing busi­ness part­ner­ships. Ex­pert in­sights, new tech­nolo­gies, unique ap­proaches, ac­tion­able so­lu­tions and pro­fes­sional con­nec­tions — this plat­form is a on­estop re­source for all gas and LNG busi­ness needs.”

Cov­er­ing sub­jects that are the most im­por­tant for fur­ther de­vel­op­ment of gas in­fra­struc­ture with a spe­cial fo­cus on LNG, the no­table speak­ers will delve into top­ics on up­stream, mid­stream and down­stream sec­tors of the in­dus­try, the Uk-based event man­age­ment firm noted.

In ad­di­tion to the pres­ence of Dr Al Rumhy at the in­au­gu­ral ses­sion, the Gas & LNG Mid­dle East Sum­mit also fea­tures a dis­tin­guished line-up of prom­i­nent en­ergy ex­ec­u­tives as speak­ers and pre­sen­ters.

The list in­cludes Harib al Ki­tani, Chief Ex­ec­u­tive Of­fi­cer — Oman LNG; Yousuf al Ojaili, Pres­i­dent — BP Oman; Stephane Michel, Pres­i­dent of Mid­dle East and North Africa, Ex­plo­ration & Pro­duc­tion Di­vi­sion — To­tal; Asje Tem­pel­man, Vice-pres­i­dent Ven­tures East — Shell In­te­grated Gas; Alessan­dro Della Zoppa, Ex­ec­u­tive Vice-pres­i­dent for the Busi­ness Unit LNG — Eni; Sabeur Mansar, Vice-pres­i­dent Com­mer­cial — Shell; Hamed al Maghderi, Coun­try Di­rec­tor — Oman, En­ergy South Asia, Mid­dle East & Africa — ENGIE; and David Kal­ife, CEO — Oman Oil Mar­ket­ing Com­pany.

The Sum­mit is be­ing held against a back­drop of dra­matic de­vel­op­ments in Oman’s gas and re­lated LNG in­dus­try. The Min­istry of Oil & Gas is cham­pi­oning a new model in gas mon­eti­sa­tion in the Sul­tanate, cen­tring on large-scale in­vest­ment in in­te­grated en­ergy de­vel­op­ments.

Lead­ing en­ergy heavy­weights such as Shell, To­tal and Oc­ci­den­tal Petroleum Cor­po­ra­tion (Oxy) have al­ready cot­toned on to the idea and have inked ten­ta­tive agree­ments with the min­istry to help flesh out con­crete pro­pos­als for gas mon­eti­sa­tion en­com­pass­ing the up­stream, mid­stream and down­stream com­po­nents of the gas busi­ness chain.

In a Mem­o­ran­dum of Un­der­stand­ing (MOU) signed in May, Shell Gas & Power De­vel­op­ments BV (Shell) and To­tal have broadly com­mit­ted to par­tic­i­pat­ing in up­stream gas ex­plo­ration and de­vel­op­ment, gas-to-liq­uids (GTL), liqui­fied nat­u­ral gas (LNG) and re­new­able en­er­gies.

To­tal and Shell as op­er­a­tors will de­velop sev­eral nat­u­ral gas dis­cov­er­ies lo­cated in the Greater Barik area on on­shore Block 6, with re­spec­tive shares of 25 per cent and 75 per cent, as per the agree­ment be­tween both com­pa­nies and be­fore pos­si­ble State back-in, with the ob­jec­tive of an ini­tial gas pro­duc­tion of around 500 Mm­cfd and a po­ten­tial to reach 1 bcf/d at a later stage.

To­tal, for its part, says it will use its eq­uity gas en­ti­tle­ment as feed­stock to de­velop a re­gional hub in Oman for Liq­ue­fied Nat­u­ral Gas (LNG) bunker­ing ser­vice which will sup­ply LNG as a fuel to ma­rine ves­sels. This calls for the es­tab­lish­ment of a new small-scale mod­u­lar liq­ue­fac­tion plant to be built in So­har Port.

The plant will com­prise a 1 Mt per year train of­fer­ing the flex­i­bil­ity for ex­pan­sion as re­quired by the de­vel­op­ment of the LNG bunker­ing mar­ket. Sep­a­rately, the Omani govern­ment also signed an MOU with Oxy and Oman Oil Com­pany to ex­plore in­vest­ment op­por­tu­ni­ties in the petro­chem­i­cal field.

Oman LNG, the host of the two­day Sum­mit, is ex­pected to show­case its own am­bi­tious de­bot­tle­neck­ing and sus­tain­abil­ity strate­gies cen­tring on its 3-train liq­ue­fac­tion com­plex at Qal­hat near Sur.

The ma­jor­ity-govern­ment owned com­pany is said to be weigh­ing a ma­jor de­bot­tle­neck­ing of its Qal­hat plant — a move that could po­ten­tially boost its LNG out­put by 1.5 mil­lion tonnes per year (tpy).

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