PRODUCED BY SUPPORTED BY FROM THE ORGANIZERS OF · Carlos Wheelock, LNG Americas, Vitol ... King & Spalding LLP ... Eduardo Maranhão, CEO, CELSE Akos Losz, Senior Research Associate,

PRODUCED BY: SUPPORTED BY: FROM THE ORGANIZERS OF:

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Confirmed Speakers

The Honourable Žygimantas Vaičiūnas, Minister of Energy, Republic of Lithuania

Thomas R. Hardy, Director, Public Affairs and Congressional Relations, U.S. Trade and Development Agency (USTDA)

Rob Smith, Deputy Assistant Secretary for Oil & Natural Gas, U.S. Department of Energy

Guillermo Turrent, CEO – CFEnergía & CFE International, Comisión Federal de Electricidad

Eduardo Maranhão, CEO, CELSE (Brazil)

Ye Yishu, President, CNOOC Gas and Power Marketing & Trading Ltd (China)

Alejandro Alle, Executive Director, Energía del Pacífico (El Salvador)

Alfredo Chamat, General Manager, Calamari LNG (Colombia)

Kamran Javed, General Manager, LNG Business, JERA Energy America

Juan Oliva Vasquez, Head of Gas & Fuels, Enel (Chile)

Pawel Jakubowski, Development Director, Gaz System (Poland)

Erik Codrington, Managing Director, Project Finance, MUFG Union Bank

Michael Proskin, Managing Director, IBCM Global Power & Renewables, Credit Suisse

Anatol Feygin, Executive Vice President and Chief Commercial Officer, Cheniere

Patrick Hughes, Vice President, Corporate Strategy & Investor Relations, NextDecade

Corporation

Carlos Wheelock, LNG Americas, Vitol

Akos Losz, Senior Research Associate, Center on Global Energy Policy, Columbia University

David C. Stubbs, Director, Properties and Environmental Compliance, JAXPORT

Kasciandro Senem, Gas & Power Manager, Petrobras America Inc.

Nick Bellamy, Managing Director, Energy & Infrastructure, Credit Agricole CIB

Anthony Licata, Executive Director, Infrastructure Finance & Advisory, J.P. Morgan

Giancarlo Ortega, Principal Investment Officer, Global Power Unit, International Finance

Corporation

Dallas Smith, U.S. Coast Guard Detachment Chief, Liquefied Gas Carrier National Centre of

Expertise

John Akridge, Co-Founder, Height Securities

Donald Hubbard, Managing Director, Global Energy Infrastructure, Barings Alternative

Investments

Luke Taylor, Senior Managing Director, Stonepeak Infrastructure

Inosi Nyatta, Partner, Corporate & Finance Group, Sullivan & Cromwell

Ernesto Parrilla, Head of LNG Trading & Origination, Iberdrola

Charlie Riedl, Executive Director, Center for Liquefied Natural Gas

Pat Roberts, Managing Director, LNG-Worldwide Ltd

Aziz Bamik, General Manager, GTT North America

Jason Feer, Head of Business Intelligence, Poten & Partners

Daniel Rogers, Partner, King & Spalding LLP

Scott Greer, Partner, King & Spalding LLP

Alan Townsend, Senior Industry Specialist, IFC-International Finance Corporation

Tunc Alyanak, Senior Investment Officer, IFC- International Finance Corporation

Christopher Caswell, Director – Global LNG & FLNG Technology and Development, KBR

Robert M Shivers, COO, LoneStar – LNG

Vera de Gyarfas, Partner, Global Transactions Practice Group, King & Spalding

https://enmin.lrv.lt/en/


http://lngamericas.cwclng.com/2018-speakers/












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Arthur Ransome, Vice President, CHIV

Martin Rosetta, Director, LNG Technology, Chiyoda International Corporation

Susan L. Sakmar, Visiting Assistant Law Professor, University of Houston Law Center


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Tuesday, 20th of March 2018 – Pre-Summit Masterclass

LNG Contracts and Purchase Agreements

Masterclass leaders:

Daniel Rogers, Partner, King & Spalding LLP

Scott Greer, Partner, King & Spalding LLP

08:00 a.m. – 09:00 a.m. Welcome Coffee & Registration 09:00 a.m. – 09:15 a.m. Introductions and session goals discussion 09:15 a.m. – 10:30 a.m. Session 1 Structuring LNG Construction Contracts for Success

Determining the best contract structure for the project

How to effectively engage the contractor community

Sole source contracting vs competitive negotiations

Effective contractual risk allocation

A good construction contract doesn’t stop at the legal terms and conditions

Effective contract management following contract execution

10:30 a.m. – 11:00 a.m. Networking Coffee Break

11:00 a.m. – 12:30 p.m. Session 2 – Today’s LNG Sale & Purchase Agreements

Compare and contrast today’s new breed of LNG SPAs with traditional LNG SPAs

Explore the differences between the three basic commercial models: o Traditional take-or-pay contract structures o Take-and-pay contract structures o Take-or-cancel contract structures

Traditional annual contract quantity (ACQ) vs cargo-by-cargo delivery commitments

Price review issues specific to North American LNG SPAs

Force majeure issues specific to North American LNG SPAs

Substitute LNG, US DOE export authorizations and other issues under North American LNG SPAs

Project financing considerations

12:30 p.m. Questions & Answers 01:00 p.m. – 02:00 p.m. Networking Lunch

Morning led by:


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Modelling LNG to Power Projects & FSRUs

The Terminalator

Afternoon led by:

Masterclass leaders:

Alan Townsend, Senior Industry Specialist, IFC-International Finance Corporation Tunc Alyanak, Senior Investment Officer, IFC- International Finance Corporation

An exclusive demonstration of the IFC’s excel-based financial model that builds four assets – an LNG

terminal, a gas-fired power plant, a coal-fired power plant, and an oil-fired power plant. The model

also calculates levelized terminal throughput charges and power prices. It enables rapid scenario

creation and instant comparison of the different thermal generation options. Uniquely, it breaks out

all gas/LNG midstream elements and enables the user to see the impact of midstream infrastructure

choices on gas-fired power prices.

02:00 p.m. – 03:15 p.m. Session 1: The Terminalator

Hands-on base case scenario development, showing all functionality of the model

Scenario creation possibilities including the modeling of small- and mid-scale LNG options

Using the carbon switch – how to incorporate a shadow carbon price in all calculations with the click of a button

Sensitivity analyses and Q&A 03:15 p.m. – 03:45 p.m. Networking Coffee Break 03:45 p.m. – 04:30 p.m. Session 2: Around the World in FSRUs. A global tour of all operating and upcoming LNG terminals in which there is a floating storage component 04:30 p.m. End of Afternoon Masterclass

*Participants have the option of following along on their computers; a copy of the model will be

provided to all participants at the beginning of the session.


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Wednesday, 21st March 2018- Summit Day One

07:45 a.m. Welcome Coffee & Registration

08:30 a.m. Chair’s Opening Remarks: Pat Roberts, Managing Director LNG-Worldwide Ltd

08:40 a.m. Keynote Address: The Honourable Žygimantas Vaičiūnas, Minister of Energy, Republic of Lithuania 08:50 a.m. Keynote Address: Thomas R. Hardy, Director, Public Affairs and Congressional Relations, U.S. Trade and Development Agency (USTDA) 09:00 a.m. Keynote Address: Rob Smith, Deputy Assistant Secretary of Oil & Natural Gas, U.S. Department of Energy

09:10 a.m. Session 1

Macro business overview

Outlook for crude oil, HH and regional LNG prices

Global energy demand and the role of LNG

Dealing with oversupply: How much and for how long? North American LNG project updates

How competitive can the second wave of USLNG be? -Timeline, competitiveness and liquefaction cost reductions

Do US brownfield facilities have specific advantages in capturing demand?

What is happening in Canada and how are current projects developing? LNG Demand—where is the second wave of demand coming from?

What’s the appetite for LNG from existing markets and where will new demand come from?

What will be the role of Latin America in absorbing USLNG?

How attractive is USLNG in the primary growth markets in Asia?

What are the other relevant markets for USLNG in Asia and Europe?

Are buyers willing to sign the necessary long-term deals to help new projects moving forward?

Moderator: Pat Roberts, Managing Director, LNG-Worldwide Ltd Confirmed speakers Eduardo Maranhão, CEO, CELSE Akos Losz, Senior Research Associate, Center on Global Energy Policy, Columbia University Anatol Feygin, Executive Vice President and Chief Commercial Officer, Cheniere Patrick Hughes, Vice President, Corporate Strategy & Investor Relations, NextDecade Questions & Answers 10:45 a.m. Networking Coffee Break

How will the Americas Impact the Global LNG Industry 2018-2020?





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What are the main legal, financing and contractual issues in this new buyers’ market?

What are the new trends in LNG sale and purchase agreements?

How are sellers adapting to buyers’ and lenders’ requirements while staying competitive?

How are traditional liability and risk allocations changing in the new models of LNG sales contracts?

Are there contractual ways to mitigate the risks of selling LNG to emerging markets?

What will be the characteristics of the next long-term PPA? Moderator Dan Rogers, Partner, King & Spalding Confirmed speakers Alfredo Chamat, General Manager, Calamari LNG Michael Proskin, Managing Director, IBCM Global Power & Renewables, Credit Suisse Jason Feer, Head of Business Intelligence, Poten & Partners Questions & Answers 12:30 p.m. Networking Lunch

01:30 p.m. Session 3

Moderator Inosi Nyatta, Partner, Corporate & Finance Group, Sullivan & Cromwell A) 01:30 p.m. Panel Discussion: Understanding the Use and Benefits of Public and Private Equity Markets

What are the primary challenges to sourcing development-stage capital for US LNG projects?

How are US LNG projects utilising new business models and strategies for raising project capital?

Will we see a continuous increase in the use of public equity markets for raising project development-stage capital?

What are the benefits and disadvantages of this type of funding?

Are there other SPACs looking for LNG project investments currently?

Where else can an LNG project developer in the Americas seek development-stage equity financing?

Confirmed Speakers Luke Taylor, Senior Managing Director, Stonepeak Infrastructure Donald Hubbard, Managing Director, Global Energy Infrastructure, Barings Alternative Investments John Akridge, Co-Founder, Height Securities Questions & Answers

B) 02:15 p.m. Panel Discussion: LNG Project Financing—New Structures and Innovative Strategies

What is the current appetite and capacity for commercial bank debt financing at the construction and operations stage?

Are banks willing to participate in a project without long-term agreements? How flexible can they be and how would they structure the risk?

Trends in equity investment and third-party debt financing

Financing LNG Development in the Americas

The Evolution of LNG Sales— Exploring Innovative Contract Structures




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How are banks, sponsors and aggregators addressing creditworthiness issues on the import side?

Confirmed speakers Erik Codrington, Managing Director, Project Finance, MUFG Union Bank Nick Bellamy, Managing Director, Energy & Infrastructure, Credit Agricole CIB Anthony Licata, Executive Director, Infrastructure Finance & Advisory, J.P. Morgan Giancarlo Ortega, Principal Investment Officer, Global Power Unit, International Finance Corporation Questions & Answers

03:00 p.m. Networking Coffee Break


In association with:

Framing the opportunity: What are the main benefits and challenges of LNG as a transportation fuel?

What can the industry do to drive LNG demand in the transportation sector in the Americas?

Exploring current opportunities and emerging regional markets -Ports and hubs in the Americas: Jacksonville and Los Angeles -Small-scale and maritime opportunities in the Caribbean

How is regulation evolving in the US maritime space and what developments are needed?

Analysing the cost of LNG bunkering and its competitiveness against liquid fuels

What is the outlook for demand growth in the next 10 years in the region?

Moderator Charlie Riedl, Executive Director, Center for Liquefied Natural Gas Confirmed Speakers Dallas Smith, U.S. Coast Guard Detachment Chief, Liquefied Gas Carrier National Centre of Expertise David C. Stubbs, Director, Properties and Environmental Compliance, JAXPORT Aziz Bamik, General Manager, GTT North America Questions & Answers


Networking Roundtable Discussions A unique opportunity to make new contacts and discuss key challenges over a drink at this fun and informal networking gathering.

Hosted by:

Discussion topics: - What are the most attractive LNG import markets for North American LNG exports? Moderator: Vera de Gyarfas, Global Transactions Practice Group, King & Spalding

Panel Discussion: Will LNG as a Fuel Become a Relevant Source of Demand in the Region?





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- What will be the role of Latin America in absorbing US LNG, and how much demand can be created in the region? -Are there any new structures and innovative strategies in LNG project financing? - What technologies will we see in the near-term, and how will such technologies bring down supply cost and open new markets? Moderator: Christopher Caswell, Director—Global LNG & FLNG Technology and Development, KBR - What are the new trends in LNG sale and purchase agreements? Moderator: Kamran Javed, General Manager, LNG Business, JERA Energy America -What are the main benefits and challenges of LNG as a transportation fuel? Moderator: David C. Stubbs, Director, Properties & Environmental Compliance, JAXPORT -Does the Henry Hub index remain viable for LNG sales into European and Asian markets? In what markets is there an appetite for HH-indexed LNG sales? Moderator: Dan Rogers, Partner, King & Spalding

05:30 p.m. End of Summit Day One

05:30 p.m. – 07:30 p.m. CWC LNG Americas Drinks Reception


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Thursday 22nd March 2018- Summit Day Two

08:00 a.m. Welcome Coffee 09:00 a.m. Opening Remarks from the Chair: Pat Roberts, Managing Director, LNG-Worldwide Ltd


Moderator Vera de Gyarfas, Partner, Global Transactions Practice Group, King & Spalding 09:10 a.m. Case Study: Understanding the Role of LNG in the Power Sector Alejandro Alle, Executive Director, Energía del Pacífico

09:20 a.m. Panel Discussion: Driving Demand & Understanding Buyers’ Requirements Latin America

Latin America demand outlook

What do Latin countries need to do in order to develop the industry and attract investors?

What are the volume and contract requirements across the region?

How does demand look in the power sector and what kind of flexibility is required? Europe, China and other opportunities in APAC

How can NALNG sellers attract long-term interest from Chinese buyers?

Are the main Chinese players planning to sign new agreements for 2020-2022?

Where are other regional opportunities to release considerable volumes?

What are the main drivers, opportunities and challenges of Southeast Asian gas markets?

Can USLNG be competitive in Europe against Russia?

Are European buyers willing to accept HH pricing? What are their main requirements?

Confirmed speakers Guillermo Turrent, CEO – CFEnergía & CFE International, Comisión Federal de Electricidad

Ye Yishu, President, CNOOC Gas and Power Marketing & Trading Ltd

Kamran Javed, General Manager, LNG Business, JERA Energy America Juan Oliva Vasquez, Head of Gas & Fuels, Enel Pawel Jakubowski, Development Director, Gaz System

Alejandro Alle, Executive Director, Energía del Pacífico

Questions & Answers 11:00 a.m. Networking Coffee Break

How Can We Stimulate New Demand? Increasing the Global Appetite for USLNG





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Processing, transportation and storage

Does the US have the required processing, transportation and storage infrastructure to handle the upcoming wave of US LNG exports?

What additional infrastructure is required and how can that impact the overall cost of the projects?

Liquefaction capacity

What are the current trends in liquefaction design capacity to achieve maximum unit cost reduction?

How much capital cost savings can we expect from the new technologies that are being implemented in the US?

Floating regas technology and commercial business models

What are the latest technical, financial and commercial trends in FSRUs?

What are the benefits of FSRUs vs onshore terminals for Latin America and other emerging markets?

Shipping

Reducing shipping costs through new technology and design innovation

New trends and technical developments Moderator Susan L. Sakmar, Visiting Assistant Law Professor, University of Houston Law Center Confirmed speakers Christopher Caswell, Director – Global LNG & FLNG Technology and Development, KBR Arthur Ransome, Vice President, CHIV Robert M Shivers, COO, LoneStar – LNG Martin Rosetta, Director, LNG Technology, Chiyoda International Corporation Questions & Answers

12:45 p.m. Networking Lunch


In association with: LNG TRADING EXCHANGE

How much volume is being traded globally short term and spot and what are the main destinations?

Will USGC FOB become a new pricing index by 2020? - What is needed to develop it as a new regional pricing index? - Is liquidity growing significantly in the Gulf Coast?

Current and future role of Henry Hub in LNG short term trading: Does the market want to use HH?

Panel Discussion: LNG Trading, New Hubs and Pricing

Panel Discussion: Driving LNG Use through Infrastructure and Technological Innovation: How

are New Technologies Impacting the LNG Business?


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Are North American providers willing to abandon HH and begin to offer end-market based pricing indexation?

How is the role of traders and portfolio players evolving? How are they impacting global trading?

Moderator Pat Roberts, Managing Director, LNG-Worldwide Ltd Confirmed speakers Ernesto Parrilla, Head of LNG Trading & Origination, Iberdrola Carlos Wheelock, LNG Americas, Vitol Kasciandro Senem, Gas & Power Manager, Petrobras America Inc. Questions & Answers

03:15 p.m. Closing Remarks from the Chair: Pat Roberts, Managing Director, LNG-Worldwide Ltd

Documents

PRODUCED BY SUPPORTED BY FROM THE ORGANIZERS OF · Carlos Wheelock, LNG Americas, Vitol ... King & Spalding LLP ... Eduardo Maranhão, CEO, CELSE Akos Losz, Senior Research Associate,