Argus Media China Russia Oil & Gas 2016
March 31, 2016 - April 1, 2016 - Beijing SGArgus Media
yuanchang.yu@argusmedia.com
Phone:+65 6496 9922
The oil and gas supply glut has fundamentally transformed the global energy landscape. The world has since entered into a low oil price environment where major oil and gas producers suffered from lost revenues and competition for market share grows increasingly intense Despite the challenges, opportunities for regional trading in the Far East abounds. China has overtaken the United States as the world’s top crudes importer in April 2015 and China will rely increasingly on natural gas as a clean power generation fuel, driven by national policy to reduce carbon foot print. More recently, China has conditionally opened the crudes imports to qualified non-state refiners Russia, on the other hand, is building more LNG terminals and in the meantime, actively probes opportunities for foreign investments into their capital intensive oil and gas sectors Our highlights of 2015 The prospect of Sino-Russia bilateral co-operation and trading amid lower oil prices How does China’s “One Belt, One Road” strategy create mutually beneficial opportunities? How will China’s conditional crude import liberalization affect teakettle refineries and what will be their import preferences? Forecasts of Russian crude production, exports and domestic supplies Plans for the ESPO pipeline and terminal development Outlook for Chinese/Asia-Pacific demand for Russian crude What are the challenges and opportunities of investing in Russia’s upstream sector? Will the gradual build-up of global LNG supply and prolonged low oil prices drive LNG consumption in the Far East?