* Conference Delegates are welcome to a complimentary
golf game, guests may join with a fee of $200.00.
6:30 - 7:30 PM
RECEPTION
Thursday,
June 1, 2006
7:45 - 8:45 PM
Registration & Continental Breakfast
8:45 - 9:00 AM
Introduction
9:00 - 9:45 AM
Florida's Energy Supply Challenge Allan Guyet, director,
Florida Energy Office Governor Jeb Bush's Administration
has recognized the importance of energy supply to
Florida's future prosperity. The governor and his
staff have been working with several firms, including
foreign nations, to try to secure fuel for power,
the demand for which has been growing more than
5% annually. Guyet will review the State's energy
needs and discuss the Administration's perspectives
on how to fulfill those needs.
9:45 - 10:30 AM
Alternatives for Florida's Future Energy
Supply Brad
Williams, president, Spitfire Advisors, and former
VP, FPL Energy Florida's rapidly growing power
requirements are pushing the state's energy infrastructure
to the edge, requiring the construction of many
new projects. Natural Gas demand for power generation
is expected to exceed pipeline capacities in some
parts of the state later this decade. Unless construction
of new infrastructure begins soon, prices are
likely to shoot out of control as utilities bid
for natural gas to satisfy Florida's ballooning
population. Challenges will also include meeting
higher peak-day and peak-hour deliveries using
storage, but from where? There are also still
several LNG import projects proposed into the
state but little progress has been made. Williams
has been asked to review these dynamics and frame
the issues for the rest of the conference.
10:30 - 11:00 AM
BREAK
11:00 - 11:30 PM
What Drives Florida's Basis Differentials
and Where Are They Headed Art Gelber, president,
Gelber & Associates Gelber and Associates is a well-known
gas market analyst. Art Gelber, president and
principal, will discuss the outlook for the nation's
gas prices and how Florida's prices will compare.
He will then review expansion opportunities for
new supplies along supply routes such as the Florida
Gas Transmission system.
11:30 - 12:00 PM
Expansion Plans at Gulf Stream and Its Ability
to Satisfy Florida's Needs Brad
D. Reese, VP & general manager, Gulfstream
Natural Gas System Florida has two vital gas transmission
pipelines: the Florida Gas Tranmission line, which
extends from the panhandle eastward and then southward
into the Miami metropolitan area and the Gulf
Stream pipeline, which crosses the eastern Gulf
of Mexico into west central Florida and then southward.
In March, Gulf Stream closed their open season
for a proposed expansion up to 0.2 Bcfd of capacity.
Reese has been asked to discuss the specifics
of that proposed expansion, the outcome of the
Open Season and the implications for Florida's
gas supply.
12:00 - 12:30 PM
Florida's Unique Storage Requirements and
Alternatives Michael E. Moore, director
of marketing- eastern region, Falcon Gas Storage
Seasonally, weekly and daily, Florida
experiences fairly drastic swings in gas demand.
LNG storage is expensive, often costing 5-10 times
the amount of underground storage. Falcon Gas
Storage is a developer and operator of underground
facilities, including the MoBay Gas Storage Hub,
which will come on stream 4Q-07. The Falcon speaker
has been asked to discuss the types of storage
available to Florida markets, current and future
storage facilities, including Mobay, and their
relative advantages, disadvantages and economics.
12:30 - 2:00 PM
LUNCH
Sponsored by:
Luncheon Address (1:15-1:40) Terry Morrison, VP -
energy marketing & trading, FPL Group FPL is among the largest and fastest-growing
electric utilities in the United States. More
than two-fifths of the its power is derived from
natural gas. Moreover, 93% of its power sales
are to residential or commericial customers, so
FPL understands the complexity of consuming gas
to supply daily and seasonal peakload requirements.
2:00 - 2:45 PM
Expanding Gas Supplies from the North: Elba
Island LNG's Rapid Growth and Capabilities in
the Future Dan
Tennison, project
manager, Elba Island, Southern Natural Gas
The Elba Island LNG terminal has grown in capacity
from just 0.5 Bcfd when it was idle in 2000 to
a planned 2.1 Bcfd capacity by 2011. Tennison
has been asked to review the staging of the expansion,
the terminals current utilization and how this
new gas might improve Florida's supply-demand
balance.
2:45 - 3:30 PM
Expanding Gas Supplies from the North: Cypress
Pipeline and the Effect on North, Central and
South Florida Markets Bruce
Hughes, director-business development, Southern
Natural Gas
Southern Natural Gas intends to construct a new
natural gas pipeline interconnecting with its
existing line in Chatham County, Georgia, near
Port Wentworth, and terminating in Clay County,
Florida, at a point of interconnection with a
Florida Gas Transmission pipeline, which is 50-percent
owned by SNG. The source of natural gas will be
LNG imported through the Elba terminal, which
currently averages about 4 to 5 shipments per
month each containing up to a billion cubic feet
of natural gas. The Cypress project will provide
interstate transportation service and deliver
natural gas to power generators, local-distribution
companies, large industrial plants, and municipal
customers in south Georgia and Florida. Hughes
has been asked to describe the timing of the project
and how he sees Cypress adding gas supply to north,
central and south Florida markets.
3:30 - 3:45 PM
BREAK
3:45 - 4:30 PM
Expanding Gas Supplies
from the West: Latest Advancements in the Main Pass
Energy Hub David
Singleton, project manager, Freeport McMoRan Energy,
LLC On
March 13, the U.S. Coast Guard and MARAD published
the Final Environmental Impact Statement for the
MPEH project. If constructed, Main Pass will offer
a unique blend of LNG receiving and under-ground
storage capacity. It has the potential to offer
substantially more gas to Florida through both the
FGT and Gulf Stream pipelines.
4:30 - 5:00 PM
Expanding Gas Supplies from the West: Pascagoula
Looking Good Wayne Christian, VP of
development, Gulf LNG Energy Gulf LNG Energy may be the sole
remaining project to establish an onshore LNG
terminal east of the Mississippi River. Chevron
has increased its capacity at Sabine LNG and its
refinery is reported to be in need of room for
expansion. Meanwhile, Chevron's partner in Angola
LNG, Sonangol, has invested in the Gulf LNG Energy
project. This presentation will provide the latest
on its advancements.
5:00 - 5:30 PM
Expanding Gas Supplies from the West: TORP's
Proposed 1.4-Bcfd Deepwater Terminal Lars
Odeskaug, president, TORP Technology TORP
announced May 1 that the U.S. Coast Guard has
deemed its deepwater port application for the
Bienville
Offshore Energy Terminal complete.
The terminal will be located 63 miles offshore,
due south of Fort Morgan, Ala., not too far from
the Gulf Stream pipeline that feeds central and
south Florida. Maximum send out capacity is to
be 1.4 billion cubic feet per day.
5:30 - 6:30 PM
RECEPTION
Friday,
June 2, 2006
8:45 - 9:00 AM
Previous Day's Conclusions
and Today's Objectives
9:00 -
9:45 AM
Backfilling Florida's Gas Needs from the
Southeast: AES's Proposed Bahamian Project Aaron
Samson, managing director- LNG projects, AES
Getting approval for LNG terminals in the Bahamas
has proven much more difficult than first envisioned.
AES is thought to have the most promising site,
however. The site is on Ocean Cay, an uninhabited
95-acre island that was originally built to process
precipitated calcium carbonate dredged from the
surrounding waters. There are no inhabited islands
or tourist attractions nearby. Samson has been
asked to update the audience on the project's
progress.
9:45 -
10:30 AM
Backfilling Florida's Gas Needs from the Southeast:
The Latest on SUEZ's Calypso LNG Deep Water Port
Project and its proposed Bahamian terminal. Dan McGinnis, vice
president, SUEZ Energy North America
SUEZ knows first hand the value of backfilling
pipelines with imported LNG; its Distrigas terminal
near Boston has been an enormous financial success.
SUEZ first proposed a Bahamian terminal to fulfill
South Florida's needs, but, though the undersea
pipeline to Florida was approved by FERC two years
ago, approvals for construction of the terminal
have been delayed by the Bahamian government.
SUEZ now proposes a turret-and-buoy system to
be fed by regas ships. McGinnis has been asked
to describe the latest status of both projects.
10:30 -
11:00 AM
BREAK
11:00
- 11:45 AM
Prospects for Florida Barge Terminals Gary
Van Tassel, president, Argent Marine Operations,
Inc.
Residents in Tampa Bay expressed strong opposition
to the proposed construction of a BP LNG terminal
several years ago. However, that terminal would
have large field-erected tanks filled by ocean-going
LNG carriers the size of cruise ships. Argent
Marine proposes to build much smaller terminals
that would be served with LNG transshipped from
other receiving terminals or transferred far offshore
from large ships into barges. Van Tassel has been
asked to describe his barge-distribution program.
11:45
- 12:30 AM
Colombian Coal and IGCC for South Florida
Markets Martin
Buckley, VP, Drummond
Florida energy planners have suggested Colombian
coal as a source of energy supply if the gas supplies
fail to materialize. Drummond owns a highly successful
Colombian mine that exports coal via ship. The
coal would be burned in new integrated gasification
and combined-cycle power plants. Buckley, an excellent
speaker, has been asked to describe coal's viability
and timing relative to natural gas.
12:30
- 12:45 PM
Key Takeaways
Drawn from the Conference Bob
Nimocks, president, Zeus Development Corp. In closing, Nimocks will review the key conclusions
that can be drawn from the conference and discuss
the issues to watch over the coming years as Florida
confronts its energy supply challenge.