In London, this week, the oil and gas markets will be examined from all angles at the Oil & Money conference, reports S&P Global Platts.
Oil & Money conference
- Qatar’s energy minister, Saad Al-Kaabi, will be the opening speaker on Tuesday.
- Qatar’s location and role as Number 1 LNG producer means he is well placed to kick off discussion of two over-arching themes: geopolitics in the Middle East, and the energy transition.
- The array of speakers also includes Saudi Aramco CEO Amin Nasser, providing a perspective on last month’s attack on Saudi oil facilities, and ADNOC CEO Ahmed Al-Jaber.
- Corporate speakers include the heads of the European oil and gas majors, BP, Shell and Total, and the heads of trading companies Trafigura, Gunvor and Vitol.
- Rounding off on Thursday is OPEC Secretary General Mohammad Barkindo, who faces pressing questions on how international production cuts are to be coordinated against the backdrop of US sanctions on Iran, and the recent hit to Saudi production.
- Providing a US perspective, alongside Barkindo, is the head of the US State Department’s Bureau of Energy Resources, Frank Fannon.
Monitoring of Rhine by petrochemical market
For BP’s Bob Dudley it will be his last appearance at this conference as CEO, as he stands down in February.
Coming on the heels of the event are two closely watched reports that should provide further in-depth analysis, particularly on the demand side:
- OPEC publishes its monthly oil market on Thursday, and
- the International Energy Agency publishes its monthly oil market report on Friday.
Downstream, petrochemical markets this week will be closely monitoring the level of the Rhine in Germany.
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Source: S&P Global Platts