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World XTL 12 ConferenceTRANSCRIPT
The Premier International Gas, Coal & Biomass to Liquids Summit
www.cwcxtl.com
Principal Sponsor
The modular gas solution
Sponsors
21-23 May 2012The Waldorf Hilton, London, UK
Catalyst for XTL Growth
www.cwcxtl.com 2
Championing the XTL Industry
The future of gas, coal and biomass to liquids looks brighter than ever with favourable market conditions,
exciting new project developments and breakthrough technologies. XTL represents a class of technologies
used to convert various feedstocks into liquid hydrocarbons, such as GTL (gas to liquid), CTL (coal to
liquid), BTL (biomass to liquid).
As the premier international forum for networking and debate the World XTL Summit attracts delegates
from across the value chain and reveals the new opportunities and solutions that are driving the growth.
Now in its twelfth year the Summit is recognised as the showcase for the XTL industry.
Key Benefits Network with industry leaders and widen your
circle of contacts
Engage in the productive debate
Have your questions answered to help grow
your XTL business
Discover more about the strategies, policies
and technologies that are determining the
future of GTL, BTL and CTL
Gain an insight into new solutions and
opportunities
A Bright Future Shale players are looking at XTL as a long term monetisation option
Pearl GTL, the world’s largest GTL plant, is to reach full production by
mid 2012
Start up of Escravos in Nigeria is scheduled for 2013
Industry pioneer Sasol has announced proposed projects in
Uzbekistan, Canada and the United States
There is a greater resource abundance with the boom in
unconventional gas production in North America
The divergence of oil and gas prices is boosting the economics of GTL
2012
2012
2012
2012
Special Focus:North America: the new frontier
Panel Discussion:improving the XTL value proposition
Technology Showcase:a selection of exciting breakthrough technologies
Executive Briefing: XTL economics, technologies and markets
New
“Given our huge gas reserves in the U.S. we are looking at a possibility to actually build a gas to liquids plant” Peter Voser, Chief Executive Officer, Royal Dutch Shell
www.cwcxtl.com 3
Hear From & Meet Industry Leaders
Malcolm Wells Director Malwell Corporate Projects
Paul van Rijssen Senior Business Development Manager XTL Shell Exploration & Production B.V.
George Couvaras General Manager GTL/CTL Sasol
Guy de Kort VP XTL Shell Projects & Technology
Rick Smead Director, Energy Navigant Consulting, Inc
Don Pierson Senior Director of Business Development Louisiana Economic Development
Iain Baxter Director of Business Development Compact GTL
Matthias Wagner Managing Director GTL.F1 AG
Sanjiv Ratan Deputy Vice President, Product Line & Technologies Technip Group
Alex Forbes Director Forbes Communications Limited
Martin Considine Vice President Btu Conversion Peabody Energy
Gareth Shaw Business Development Manager: GTL PetroSA
Jeff McDaniel Commercial Director Oxford Catalysts & Velocys
Dr Vladimir Mordkovich Chief Technology Officer INFRA Technology
Stéphane Fédou Product Line Manager, XtL Fuels & Intermediates Axens
Anton Punt Lead Business Analyst ORYX GTL
Tara Shirvani Energy Analyst University of Oxford, Smith School of Enterprise and the Environment
Dr Nimir Elbashir Manager of the Fuel Characterization Lab Texas A&M University at Qatar
Developed by the Industry for the Industry
Abdulrahman M Al-Suwaidi,
(Deputy Chairman)
Chief Executive Officer
ORYX GTL
Alex Forbes
Director
Forbes Communications
Bernard Crewdson
GTL Business Development Manager
Johnson Matthey Catalysts
Capt Chris Schroeder
Senior Manager, CSR Environment
& Fuel Optimisation
Qatar Airways
Guy de Kort
VP XTL
Shell Projects & Technology
Jean-Christophe Viguié
XTL Project Manager
Bionext
Malcolm Wells
Director
Malwell Corporate Projects
Matthias Wagner
Managing Director
GTL.F1 AG
Rachid Oukaci
Managing Director
Energy Technology Partners LLC
Robin Holford
Business Development Manager,
Conversion Technology Centre
BP
Sanjiv Ratan
Deputy Vice President,
Hydrogen-Syngas Product Line &
Technologies,
Technip Group
Terje Martin Halmø
Senior Advisor
Accenture Energy
Dr Alirio Parra (Chairman)
Senior Associate
CWC Group Limited
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“All important players represented as speakers as well as in the audience” Nicolaus Dahmen, KIT
www.cwcxtl.com 5
Monday 21 May 2012 Executive Briefing
Providing a fast-track understanding of the latest developments in the XTL industry and what makes XTL an attractive investment
The structural changes in oil prices seen in recent years have led to a surge of interest in technologies that convert natural gas, biomass and coal into high-value synthetic oil products, such as diesel, kerosene and naphtha. The family of conversion processes known as “XTL” based on Fischer-Tropsch (F-T) technology is attracting particular attention.
The Executive Briefing will examine the key economic drivers for XTL, summarise the progress of operational projects and those under construction, and consider what the future holds for Fischer-Tropsch technology.
XTL Economics, Technologies & Markets
Led by: Alex Forbes, Director, Forbes Communications Limited
Independent journalist and consultant Alex Forbes has been reporting on energy developments and analysing trends for three decades. His expertise covers the whole gamut of energy – including oil, natural gas, electricity, policy, regulation, climate change and the geopolitics of energy supply security. His specialisms include unconventional fossil fuels, liquefied natural gas (LNG), XTL (the conversion of gas, biomass and coal into liquid products), nuclear power and renewables.
“In the current energy price environment, well-executed XTL projects will make substantial profits for their owners and other stakeholders”. Alex Forbes, Director, Forbes Communications Limited
13:30 Registration & Coffee
Industry Overview – What Makes XTL an Attractive Investment?
• Pricetrends
• XTLeconomics
• Overcomingthetechnologychallenges
• Projectupdates
XTL Technology – Searching for Solutions that Work
• TheFischer-Tropsch(F-T)process
• TheXTLproductslate
• Experiencetodate:GTL,BTL,CTL
• Thepromiseofemergingtechnologies
Coffee & Networking
XTL Economics – How are the Economics Evolving?
• HowXTLproductsarepriced
• TheevolutionofXTLeconomics-Casestudies
• Whatthedivergenceofgasandoilpricesmeans for GTL
• Theunconventionalgasrevolution-agamechanger
• FactorsinselectingGTLoverothermonetisationoptions
Marketing XTL Products
• Raisingawareness–theimportanceofdemonstrationprojects
• Targetingthekeyapplications
• TheroleofpolicychangeinunlockingXTLbenefits
Discussion
17:30 Drinks Reception
1
2
3
4
Tuesday 22 May 2012 Summit Day One
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Pan
el D
iscu
ssio
n
08:00 Registration & Coffee hosted by
09:00 Chairman’s Opening Remarks Malcolm Wells, Director,
Malwell Corporate Projects
1 Realising XTL Potential
• WhatarethecriticalsuccessfactorsofXTLprojects?
• Turningchallengesintoopportunitiesthroughoutthevaluechain
• HowareXTLeconomicsimproving?Makingthemostofthedisconnect between oil and gas prices
• TheimportanceofXTLforenergysecurity,jobcreationandeconomic growth
Paul van Rijssen, Senior Business Development Manager XTL, Shell Exploration & Production B.V.
George Couvaras, General Manager GTL/CTL, Sasol
Questions & Answers
Networking Coffee Break hosted by
2 North America: The New Frontier
• XTL:What’sinitforNorthAmerica?HowcanXTLenhancedomesticenergysecurity?
• ThemarketfundamentalsintheUSandCanada.WhatdoestheshalegasrevolutionmeanforXTL?
• GTL:theholygrailforgasproducers?HowcanGTLchange the model of downstream business for gas companies?
• TheadvantagesofGTLrelativetothealternativeroutestogas monetisation
• HowareinvestorsandresourceholdersviewingXTL
prospects?Wherearethemainopportunities?
Guy de Kort, VP XTL, Shell Projects & Technology
Rick Smead, Director, Energy, Navigant Consulting, Inc
Don Pierson, Senior Director of Business Development, Louisiana Economic Development
Senior representative, US Department of Energy (invited)
Questions & Answers
12:30-14:00 Networking Lunch hosted by
3 Panel Discussion: Broadening & Enhancing the XTL Value Proposition
Debate and analysis of strategies for improving the value proposition of gas, coal and biomass to liquids
• Strategiestostimulategrowthandachieveacompetitiveand sustainable XTL industry
• WhatdoresourceholdershavetogainfromXTL?Theadvantages of XTL as a monetisation route
• Improvementsinefficiencyandprocesseconomics.Howcansmall-scaleeconomicsbemadetowork?
Iain Baxter, Director of Business Development, Compact GTL
Matthias Wagner, Managing Director, GTL.F1 AG
Sanjiv Ratan, Deputy Vice President, Hydrogen-syngas Product Line & Technologies, Technip Group
Questions & Answers
15:30-17:00
4 Cocktail Networking Roundtables
Always a popular and lively session where you can join the debate over a drink or two and have your say on the future of XTL as well as having your questions answered. Remember your business cards!
Topics for discussion:• Makingthemostofthegasrevolution
• Addressingtheefficiencychallenge
• Enhancingtheskillsbase
19:00 Award Gala Dinner hosted by Join our hosts GTL.F1 for an evening of prime networking and celebratewiththerecipientoftheCWCWorldXTLAward2012.New venue in the heart of the 2012 Olympic city! The Trafalgar Hotel, with its stunning views of the London skyline, is the fabulous new venue for the Gala Dinner this year.
“This event is recognised as the showcase for the XTL industry” Henry de Wet, PetroSA
Wednesday 23 May 2012 Summit Day Two
www.cwcxtl.com 7
Further Speakers to be AnnouncedIf you are interested in getting involved in the programme please contact Elliot McGinn on
+44 20 7879 0029 or e mail [email protected]
08:30 Networking Coffee
09:00 Chairman’s Remarks Chairman: Alex Forbes, Director,
Forbes Communications Limited
5 International Projects & Opportunities
• WhatmakesXTLanattractiveinvestment?Wherearetheopportunitiesforcooperation?
• WhataregovernmentandcompanystrategiesforresourcemonetisationandXTLcommercialisation?
• XTLasacatalystforeconomicgrowth.TheroleofXTLindiversified energy portfolios around the world
• Whataretheprojectfinancingoptionsavailable?
Iain Baxter, Director of Business Development, Compact GTL
Senior representative, Petrobras*
Martin Considine, Vice President Btu Conversion, Peabody Energy
Gareth Shaw, Business Development Manager: GTL PetroSA
Questions & Answers
Networking Coffee Break
6 Finding Solutions through Technology & Innovation
• Technologyadvancementandcommercialisation
• WhoaretheprovidersandinnovatorsandwhatnewsolutionsaretheybringingtoXTL?
• HowarebreakthroughtechnologiespushingtheboundariesandimprovingXTLprojecteconomicsandviability?Howare small-scale technologies extending the range of applicationsforXTL?
• Thedevelopmentandlicensingofadvancedprocesstechnologies. Experiences and deployment opportunities
Jeff McDaniel, Commercial Director, Oxford Catalysts and Velocys
Dr Vladimir Mordkovich, Chief Technology Officer, INFRA Technology
Stéphane Fédou Product Line Manager XtL Fuels & Intermediates, Axens
Questions & Answers
12:30-14:00 Networking Lunch
7 Bringing XTL Benefits to End-Users
• Whatarethemarketingstrategiesofthemajorplayers?
• End-userperspectives:whatareend-userrequirementsandhowcantheybemet?
• DevelopingpremiummarketsforXTLproducts:Howand where will increased volumes of XTL production beabsorbed?Whataretheprospectsfornon-fuelapplications?
• Whatistherealvaluepropositiontocustomers?
• Howcansyntheticfuelscontributetosecureandsustainableaviation?
Anton Punt, Lead Business Analyst, ORYX GTL
Chris Schroeder, Qatar Airways*
Questions & Answers
Networking Coffee Break
8 Strategies for a Sustainable Future
• Howareresearchactivitiesbridgingthegapbetweencurrentandfuturetechnologies?
• LCAofsyntheticfuelproduction.WhatisbeingdonetoaddresstheLCAandsustainabilityofXTL?
• Carbonmanagementstrategiesandclimatemitigationtechnologies.WhatisneededtomakeCCShappenandintegrateCCStechnology?
• BTL’scontributiontosustainabledevelopment.Optimisationof the BTL process to enhance performance and efficiency
Tara Shirvani, Energy Analyst/DPhil Candidate, University of Oxford, Smith School of Enterprise and the Environment
Dr Nimir Elbashir, Manager of the Fuel Characterization Lab, Texas A&M University at Qatar
Michael Corwin, Senior Director Licensing and Business Development, Rentech Inc
17:00 Close of Summit
*invited
Where the World’s XTL Industry Meets
Award Gala Dinner - New for 2012: Trafalgar HotelAsthehighlightoftheWorldXTLSummit,thisprestigiousdinnerwillcelebrateindustry innovations and recognise the company that has made an outstanding contribution to the XTL industry in the past year. Be a part of this major industry occasion and widen your circle of contacts, network with industry experts and relax at this stunning new venue in the heart of London.
Sponsorship • Networking • Branding • Attending Contact Elliott McGinn on +44 20 7978 0029
email [email protected]
Get Involved
Extended Coffee Breaks & Lunches Throughout the Summit there are extended coffee breaks and lunches providing you with the perfect opportunity for networking and one-to-one meetings that are crucial to your XTL business.
Hosted by
Cocktail Networking RoundtablesOrganised to ensure you are able to circulate, enjoy a drink and meet your colleagues from the XTL Industry, the roundtable discussion provides you with the ideal opportunity to have your say about the future of gas, coal and biomass to liquids. Join the debate and discuss issues that matter.
www.cwcxtl.com 8
BenefitfromexcellentnetworkingopportunitiesattheWorldXTLSummit,aseachyearwewelcomenewcomersaswellasestablished
industry players to become part of, or grow in the international XTL community.
Coffee Breaks Hosted by Lunch Hosted by
“Excellent opportunity to network and learn” David Hill, Encana Natural Gas Inc
www.cwcxtl.com 9
Gain Industry Recognition with the CWC World XTL Award 2012
Celebrating Excellence & Encouraging InnovationTheWorldXTLSummitisdedicatedtodrivingtheindustryforwardandinnovationiskeytothenew
projects and partnerships which will help realise the potential of XTL.
TheCWCWorldXTLAwardrecognisesthecompanywhichhasmadethemostoutstandingcontribution to XTL innovation during the past year.
Who Will You Nominate for 2012?Send Your Nomination Today
Ensure your company is in the running to gain industry acclaim by sending your nomination today
1) Email your nomination [email protected]
or2) Nominate online at www.cwcxtl.com
Entries close 6 April 2012
This prestigious award will be presented on Tuesday 22 May 2012 at the Award Gala Dinner
hosted by:
Previous Award Winners
2007 20092008 2010
The modular gas solution
2011
CWC - 100% Focused on Energy & Infrastructure
TheCWCGroupisarenownedworldexpertintheoil,gas,powerandinvestmentsectors
and has organised over 500 events around the world. Over the past 14 years, our events have
attracted thousands of delegates, sponsors and exhibitors as well as Ministers, Government
delegationsandindustryexpertsallsupportingCWCEvents.
TheCWCGrouphaswontheprestigiousQueen’sAwardforEnterprise:InternationalTrade
twice, once in 2007 and again in 2011 for outstanding achievement and contribution to
internationaltrade.TheQueen’sAwardisthehighesthonourforUKbasedbusinesstoearn
andhasbeenawardedTheCWCGroupbytheQueenontheadviceof theBritishPrime
Minister.
10 www.cwcxtl.com
CWC Gas Portfolio
13 – 15 March 2012
Cartagena, Colombia
www.cwccolombia.com
27 – 30 November, 2012
Barcelona, Spain
www.world.cwclng.com
20- 23 March, 2012
Rio de Janeiro, Brazil
www.cwcriogas.com
18-20 September, 2012
Houston, USA
www.worldshale.org
24-26 April, 2012
San Antonio, America
www.lngamericas.cwclng.com
November, 2012
Sydney, Australia
www.cwcaustraliagas.com
Sponsorship • Networking • Branding • Attending
Contact Elliott McGinn on +44 20 7978 0029 email [email protected]
Get Involved
“We believe commercial scale gas to liquids or GTL facilities will be in operation in the U.S. by year-end 2016” Aubrey McClendon, Chief Executive Officer, Chesapeake
www.cwcxtl.com 11
New Venue for 2012
Summit Venue TheWaldorfHotel,oneofLondon’smosticonichotels,playshosttothis
year’sWorldXTL12Summit.EnjoythefabulousCoventGardenlocation
in the heart of London’s theatre district and the beautiful historic backdrop
that surrounds it.
Historic Culture EnjoythesightsofthebeautifulpalaceoftheBritishmonarchy,Westminster
Abbey and the famous St Paul’s Cathedral. Filled will history and tradition
these are must sees of the English capital.
Cruise the Thames Take in the breathtaking views of London on a Thames River Cruise. See the
famous Big Ben clock at the Houses of Parliament, the London Eye and the
historic Tower Bridge.
2012 Olympic City See the preparations taking place as London gears up to host the 2012
Olympics.
For further details contact:
Elliott McGinn
+44 20 7978 0029
Silver Media Partners
Bronze Media Partners
Join us on:
www.cwcxtl.com
facebook.com/CWCGrouplinkedin.com search for World XTL Summit
twitter.com/CWCGas #XTL12
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