How viable are GTL opportunities in today’s energy price world?Workshop Leader: Alex Forbes, Director, Forbes Communications

8.30am - 12.30pm

12 -13

OCT2015

Gas to LiquidsExploring the future of GTL in the “new reality”

BENEFITS OF ATTENDING:

• Learn about the latest technological developments insmall scale GTL

• Hear from leading experts in the field on long termtrends and drivers

• Discuss the effect of the oil price margin on the GTLindustry

• Understand what makes projects fail and risk mitigationstrategies

• Join topical panel discussions and debates on theeconomic and commercial viability of GTL

• Assess the locational aspects of GTL including where,why and when it works

• Debate the benefits of GTL versus other gas monetisationoptions

SMi presents the 18th Annual Conference on...

BOOK BY 29TH MAY AND SAVE £400BOOK BY 30TH JUNE AND SAVE £300BOOK BY 30TH SEPTEMBER AND SAVE £100

KEY SPEAKERS INCLUDE:• Neville Hargreaves, Business Development Director, Velocys• Wyoming State Senator Cale Case, Ph.D., Natural Resource

Economist and Consultant • Narsi Ghorban, Managing Director, Narkangan GTL

Company• George Boyajian, Vice President of Business Development,

Primus Green Energy• Mitch Hindman, Licensing Manager, Technology Sales &

Licensing, ExxonMobil & Engineering• David Small, Vice President of Global Energy Services,

NiQuan Energy • Elliot Hicks, COO, Oberon Fuels• Iraj Isaac Rhamim, President, E-MetaVenture, Inc

www.gas-to-liquids.co.uk Register online or fax your registration to +44 (0) 870 9090 712 or call +44 (0) 870 9090 711

PLUS AN INTERACTIVE HALF-DAY POST-CONFERENCE WORKSHOPWednesday 14th October 2015, Holiday Inn Kensington Forum, London, UK

Holiday Inn Kensington Forum, London, UK

#GTLSMi@SMiGroupEnergy

*Image courtesy of Velocys

Register online at: www.gas-to-liquids.co.uk • Fax

Gas to Liquids Conference 2015Day One | Monday 12th October 2015 www.gas-to

8.30 Registration & Coffee

9.00 Chairman's Opening RemarksAlex Forbes, Director, Forbes Communications

SMALL-SCALE GTL

9.10 Keynote Address: Small Scale GTL and the New Paradigm inthe Age of Gas•The global move to a more distributed production model

for fuels and chemicals•Weathering the storm - conventional and smaller scale

projects in a low oil price era•Technology deployment - establishing a smaller scale GTL

supply chain•Project updates. The joint venture GTL project adjacent to

Waste Management’s East Oak landfill site, Oklahoma City, USANeville Hargreaves, Business Development Director, Velocys

9.50 The New Face of Gas To Liquids•Update on NiQuan Energy GTL project•Changed dynamics of the GTL business•GTL on the cusp of re-invention?•Outlook for medium-scale GTL opportunitiesDavid Small, Vice President Global Energy Services, NiQuanEnergy

10.20 Morning Coffee

10.50 Exploring the Potential of Small Scale GTL as a Solution toGas Flare Reduction•Analysing long term effects of increased feedstock

availability from gas capture technology•Examining the benefits of monetisation of the gas flares

using small scale GTL technology? Is it economical?•Assessing alternative gas feedstock options for small-scale •Updates on the STG+ process George Boyajian, Vice President Business Development,Primus Green Energy

11.20 DME Fuel: Utilising Small-Scale GTL to Create a New Market•The emerging DME fuel market and how it will impact

transportation•How small-scale projects can catalyse regional market

development•Using scale to address multiple feedstocks and ensure price

stability•Impact of small-scale projects on permitting timelinesElliot Hicks, COO, Oberon Fuels

11.50 Panel Debate - Is Large Scale Viable in Current Climate? Small Scale vs Large Scale•Addressing catalyst issues and

technological availability of scale•Examining the benefits and disadvantages

of each•What conditions allow for small scale or alternatively

large scale deployment of GTL plants? Iraj Isaac Rahmim, President, E-MetaVenture Inc.George Boyajian, Vice President Business Development,Primus Green Energy Elliot Hicks, COO, Oberon Fuels

12.50 Networking Lunch

SPECIALITY & ALTERNATIVE PRODUCTS

1.50 The Reality of Alternative Premium GTL products - Exploring

the High Quality Lubes and Waxes Market•What is the potential for the high quality waxes and lube-oil

market? How big is it? •Highlight the new opportunities within the field•Analysis of efficiency in technological capabilities

Iraj Isaac Rahmim, President, E-MetaVenture Inc.

2.20 Advances in Conversion of Methanol to Gasoline•Routes for synthetic fuels•Fixed bed MTG process •MTG commercial experience•MTG advantages vs. alternatives •Next generation MTG research

Mitch Hindman, Licensing Manager, Technology Sales &

Licensing, ExxonMobil & Engineering

2.50 Afternoon Tea

RISK & OUTLOOK

3.20 Optimising Project Context/Mitigating Project Risk•Understanding the inherent ‘change’ agenda in a GTL

project•Using the change agenda to drive progress•Managing risk through a proactive corporate affairs

strategy

Malcolm Wells, Director, Malwell Corporate Projects Ltd

3.50 Panel Discussion

- Does GTL Have a Future in the "New Reality"?•A holistic discussion concerning the

sustainability of GTL in a low oil price environment•Why do projects fail?•Discussion of the effect of the oil price and gas price

reliance•Assessing how the industry can lower construction costs•Capex versus Opex•Analysing what conditions are needed to allow for

economically and commercially viable GTL activity

Neville Hargreaves, Business Development Director, Velocys

Malcolm Wells, Director, Malwell Corporate Projects Ltd

George Boyajian, Vice President Business Development,

Primus Green Energy

4.50 Chairman's Closing Remarks and Close of Day One

Supporting Associations Leading Media PartnerSPONSORSHIP AND EXHIBITION OPPORTUNITIES

SMi offer sponsorship, exhibition, advertising and brandingpackages, uniquely tailored to complement your company'smarketing strategy.

Should you wish to join the increasing number of companiesbenefiting from sponsoring our conferences please call: AliaMalick, SMi Sponsorship on +44 (0)20 7827 6168 or email:amalick@smi-online.co.uk

x: +44 (0)870 9090 712 • Tel: +44 (0)870 9090 711

Supported by

Day Two | Tuesday 13th October 2015-liquids.co.uk

8.30 Registration & Coffee

9.00 Chairman's Opening RemarksMalcolm Wells, Director, Malwell Corporate Products Ltd

9.10 Keynote Address: GTL - the Role of GovernmentIncentives, Experience From Wyoming, USA

Does GTL development require government subsidesand/or guarantees to offset long-term risk? •Wyoming has a long history in the area, given the

challenges and opportunities of energy commoditymarkets. “Not our first rodeo.”

•House Bill 53: Mineral to value added productsprogram was pushed forward in the face of decliningeconomics as prices fell- Background, history, players, constraints- A small scale attraction- Offload risk- Recent low prices actually may have encouraged

the bill stimulating a need to “value add” •How it will work: specifics of HB 53•Results to date•Consideration in a larger contextWyoming State Senator Cale Case, Ph.D., NaturalResource Economist and Consultant

REGIONAL ANALYSIS

9.50 Influence of West Asian politics on GTL investment -Challenges and Opportunities •Monitoring the effect of the volatile oil-gas price

margin •Examining West Asia’s political challenges and effect

on GTL investment•Exploring Iran as potentially viable future GTL site •Analysis of Iran’s gas reserves and most economical

gas monetisation options availableNarsi Ghorban, Managing Director, Narkangan GTLInternational Company

10.25 Morning Coffee

10.55 Is Mozambique the New Qatar?•Mozambique is set to become one of the world's

largest exporters of liquid natural gas (LNG), afterrecent exploration by oil and gas companies Eni, inItaly, and Anadarko, in the USA

•Measuring the potential for GTL and liquefied naturalgas products in Mozambique?

•Evaluating the possibility of integrated LNG and GTLplants

•Ramifications for the liquefied gas industryRoger Carvalho, Managing Partner, SPTEC Advisory

FINANCE & ECONOMICS

11.30 Prospects for GTL•GTL: Past, Present and Future•Factors influencing GTL project viability and FID

I. Why were currently-operating GTL projects built?II. Considerations for tomorrow’s potential plants

•Project objective •Location•CAPEX and OPEX•Gas Supply – characteristics and price•Product Mix – markets and pricingRichard Poole, Technical Director, Midstream andDownstream, Gaffney, Cline & Associates

12.05 Project Finance for GTL - The Latest Trends •Project Finance and "Bankability" for GTL •Project Economics and Lender Risk Appetite •The Oil and Gas Project Finance Markets •Future Outlook for the Sector Robert Clews, Head of Oil, Gas & Petrochemicals,Project Finance, SMBC Europe Division

12.40 Networking Lunch

1.40 The Impact of the New Oil Order, Where ResourceAvailability is No Longer Constrained What Does This Mean for the GTL Industry?•The global resource base of oil and gas •An in-depth look at the key parameters and driving

forces behind the new abundance of oil•Shedding light on long term oil and gas market trends -

and the impact on feedstock prices •Evaluating the long term effects of price movements

on the prospects for GTL investmentEd Osterwald, Partner, CEG Europe

2.15 Panel Debate - Relative Economics of GTL Versus Other Gas Monetisation Options•Assessing the pros and cons of each gas

monetisation option•Understanding where, when and why

each option works•Critical analysis and comparison of the marketability,

legal compliance and commercial viability of productsproduced from each process

Alex Forbes, Director, Forbes Communications Robert Clews, Head of Oil, Gas & Petrochemicals,Project Finance, SMBC Europe Division Ed Osterwald, Partner, CEG Europe Narsi Ghorban, Managing Director, Narkangan GTLInternational Company Richard Poole, Technical Director, Midstream andDownstream, Gaffney, Cline & Associates

3.15 Afternoon Tea

GTL PROJECT CONSTRUCTION

3.45 Construction Issues for GTL Projects•RHI at a glance•Construction cost optimization•Construction scheduling•Construction resources - planning and delivery•Case studiesAhmed Abdullayev, Vice President BusinessDevelopment, Renaissance Heavy Industries

4.20 Building the GTL Plant of the Future•Optimize the CAPEX and the OPEX•Minimize project execution risk•Efficient engineering, operational and maintenance

strategies•Easily enable regulatory compliance in operationsJohn Oyen, Manager of Business Development, ABBGroup

4.55 Chairman’s Closing Remarks and Close of Day Two

HALF-DAY POST-CONFERENCE WORKSHOP Wednesday 14th October 2015

Holiday Inn Kensington Forum, London, UK8.30am to 12.30pm

How Viable Are GTL Opportunities inToday's Energy Price World?

Workshop Leader: Alex Forbes, Director, Forbes Communications

Overview of workshop:A successful Gas-to-Liquids investment calls for anunderstanding of the latest technologies, the economic driversbehind these technologies, and the challenges of marketingthe end-products – be they fuels, lubricants, waxes or otherspeciality chemicals. The oil price plunge of 2014/15 createsnew challenges for developers of GTL projects, raising severalquestions. Are we entering a low oil price world for the longterm? What are the prospects for the price of natural gas? Willthere be a sufficient differential over the long term for GTLprojects to be economically viable? This workshop will look atthe GTL technologies that are available, the opportunities theypresent to monetise natural gas, and the challenges involvedin implementing GTL projects and marketing their output.

Why you should attend:This workshop will evaluate the latest GTL technologies andexamine their key economic drivers, focusing on how viableGTL has become as a natural gas monetisation option incomparison with other options such as LNG andpetrochemicals. It will summarise the progress of existingand planned projects, and consider what the future mayhold. It will conclude that in the current energy priceenvironment, successfully implemented projects will makevery substantial profits for their stakeholders. The keychallenge will remain getting access to proven technology.

The workshop will interest natural gas resource holders,project developers, technology providers, equipmentsuppliers, engineering contractors, financiers and potentialend-use sectors for GTL products, such as the transportationand petrochemicals industries.

Programme8.30 Registration & Coffee

9.00 Industry Overview• What do we mean by GTL?• The importance of energy price trends• Why the GTL spotlight has shifted away from

the Middle East• Large-scale and small-scale GTL technologies• Overcoming the technical and economic

challenges

9.40 Existing And Emerging Gtl Technologies• Playing ‘Lego’ with molecules • The product ‘slate’• Achievements to date• Emerging technologies• Protecting intellectual property - and licensing

10.20 Morning Break

10.50 Economic Viability Of Gtl Projects• How GTL economics have evolved• Case studies• Comparing GTL with other gas monetisation

options• The economics of developing future GTL

projects

11.20 Taking Gtl Products To Market• The key markets: transportation and

chemicals• Demonstration projects - past, present and

future• Maximising GTL revenues• The role of policy in GTL development• The future for GTL

12.00 Discussion & Questions - A Review Of The Session

12.30 Close of Workshop

About the workshop host: Independent energy journalist and consultantAlex Forbes has been reporting on energydevelopments and analysing trends for morethan three decades. His expertise covers a widerange of energy issues – including oil, natural gas,

electricity, renewables and climate change. His specialismsinclude unconventional fossil fuels, liquefied natural gas(LNG) and gas-to-liquids (GTL).

In 2013, Alex received the annual award presented by theInternational Association for Energy Economics forExcellence in Written Journalism.

Alex travels frequently to attend, speak at and chair energyconferences, to conduct interviews with ministers andexecutives, to carry out consultancy assignments, and to visitmajor energy installations. Alex also takes on trainingassignments and conducts workshops and executive briefings.

For more information please visit www.smi-online.co.uk/energy

Energy Forward Planner

Want to know how you can get involved?

Interested in promoting yourservices to this market?

Contact Julia Rotar, SMi Marketing on +44 (0) 207 827 6088, or email:jrotar@smi-online.co.uk

Gas to Liquids Attendees 2012-2014 by Region

Africa 10%

ASIA-APAC 10%

The Americas22%

Europe 27%

UK 31%

Gas to Liquids Attendees 2012-2014 by Industry Sector

Oil and GasOperators 31%

GTL ProjectDevelopers 26%

TechnologyProviders 20%

Government10%

Financial/Legal 9%

Consultant4%

MAY 2015

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13-14 May 2015USA

JUNE 2015

9th Annual Gas Storage & Transmissions 17-18 June 2015

London, UK

OCTOBER 2015

6th Annual Shale Gas Environmental Summit

26-27 October 2015London, UK

NOVEMBER 2015

2nd Annual Project Financing in Oil & Gas

23-24 November 2015London, UK

5th Annual Oil and Gas Cyber Security30 November - 1 December 2015

London, UK

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GAS TO LIQUIDS CONFERENCE Conference: Monday 12th & Tuesday 13th October 2015, Holiday Inn Kensington Forum, London, UK Workshop: Wednesday 14th October 2015, London

4 WAYS TO REGISTERwww.gas-to-liquids.co.uk

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