Events

Conference: Russia’s LPG market: prospects for further development

Date: December 13–14, 2010

MAXConference in a team with Russia’s leading LPG producing and trading companies Gazprom gazenergoset and Sibur will hold an international conference on 13-14 Dec in Moscow. The conference will focus on the problems of the Russian LPG market, pricing, trading and the use of LPG as a motor-fuel.

The agenda of the conference arises from the problems following the LPG marker formation in Russia, the intentions of the government to bring more transparency to the LPG trade and introduce price indexes. While Europe since long ago has been actively consuming LPG as the motor fuel Russia is only breaking the ground. The Russian government has recently highlighted the importance of using LPG and finding ways to wider usage of the fuel. The conference participants will also discuss possibilities of the LPG exchange trade and consider ways to ensure more efficient transportation of LPG in Russia and outside the country. The Russian LPG producing companies and traders also see it essential to discuss price formulas for LPG contracts on the domestic market as well as hedging risks while trading the fuel in Russia.

Among key issues to be considered at the conference are LPG mandatory sales, interaction of the wholesale and retail markets, forecasts for the market activity after price regulation lifting, efficiency of export deliveries.

We invite representatives of the State Duma, Federal Tariff Service, Energy ministry, Economics Ministry, Federal Antimonopoly Service, Gazprom, Gazprom gazenergoset, Sibur, Lukoil, Novatek, Kortes, MBNK, RZD and etc.